Property Attributes
- MLS#503923
- TypeMixed Use
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodGravesend
- Zip11223
- StyleMixed Use
- Year Built1931
- Taxes$ 8743
- Price$ 2,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3426
- Lot Size0.050505 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Prime mixed-use investment opportunity at 815 Avenue U in the heart of the Gravesend/Sheepshead Bay area, situated along a busy commercial corridor. This well-maintained property features a 20’ x 60’ building on a 20’ x 110’ lot, with 3 stories plus a basement, consisting of one commercial unit and two residential units. Annual property taxes are approximately $8,743. The first-floor storefront and basement are currently used as a restaurant. The second floor features 4 bedrooms, a living room, an open kitchen and dining area, and 1 full bathroom. The third floor offers 4 bedrooms, a living room, open kitchen and dining area, and 1.5 bathrooms. Equipped with split A/C systems. Each unit has separate heating and hot water systems, and tenants are responsible for their own utilities. The rear yard provides parking for up to 2 cars. The entire building is well-maintained and in excellent condition with no renovation needed. Conveniently located near shopping, restaurants, schools, and public transportation (B3 and B68 buses and the Q, B, and F trains). Excellent opportunity for investors, business owners, or end users in a prime Avenue U commercial location.
| Price History | |
|---|---|
| 8/21/2026 | Listed $2,100,000 |
General Features
| Net Operating Income | 146752.00 |
|---|---|
| Ceiling Height | 8-10 Foot |
| Roof | Asphalt/Tar,Flat |
| Zoning | R6A |
| Electric | 110 V,220 V |
| Stories Count | 3 |
| Property Type | Mixed Use |
| Block | 7111 |
| Cap Rate | 0.07 |
| Lot Number | 42 |
| Yearly Taxes | 8743.00 |
| Transaction Type | Sale |
| Insurance Expense | 5305.00 |
| Utility Expense | 0.00 |
| Gross Expense | 14048.00 |
| Financing | 1031 Exchange,Bank Mortgage,Cash |
| Building Type | Attached |
| Gross Income | 160800 |
| Status | Active |
| Fuel Expense | 0.00 |
| Construction Materials | Brick |
| Cumulative Days on Market | 26 |
| MLS Area | Gravesend |
| Sub Type | Mixed Use |
| Year Built | 1931 |
| City | Brooklyn |
| Borough | Brooklyn |
| Number Of Stores | 1 |
| DOM | 26 |
| Sale Type | Arm's Length |
| # Families | 2 |
| Public Remarks | Prime mixed-use investment opportunity at 815 Avenue U in the heart of the Gravesend/Sheepshead Bay area,situated along a busy commercial corridor. This well-maintained property features a 20’ x 60’ |
Interior Features
| Heating Fuel | Gas |
|---|---|
| Flooring | Hardwood,Tile |
| Hot Water | Gas |
| Unit Count | 3 |
| Sq Ft Total | 3426 |
| AC Units | 5+ |
| Lavatories | Other |
| Basement Amenities | Semi-Finished,Separate Entrance |
| Commercial Features Exterior | Other |
| Commercial Features Interior | Kitchen |
Exterior Features
| Exterior | Brick |
|---|---|
| Yard | Back |
| Foundation | Poured Concrete |
| Lot Sq Ft | 2200 |
| Loading Docks | Other |
| Building Length | 60.00 |
| Building Width | 20.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 110 |
| Lot Size Width | 20 |
| Parking Attrib | 2 Spaces |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Mixed Use Average in 11223
In The Neighborhood
Brooklyn
$ 3,899,000
- Type
- Mixed Use
- Size
- 6,700 SqFt
- Rooms
- 0 Beds + 0 Baths
Brooklyn
$ 2,288,888
- Type
- Mixed Use
- Size
- 3,465 SqFt
- Rooms
- 0 Beds + 0 Baths
Brooklyn
$ 1,890,000
- Type
- Mixed Use
- Size
- 5,676 SqFt
- Rooms
- 0 Beds + 0 Baths
Brooklyn
$ 1,599,000
- Type
- Mixed Use
- Size
- 2,600 SqFt
- Rooms
- 0 Beds + 0 Baths
Brooklyn
$ 2,000,000
- Type
- Mixed Use
- Size
- 3,200 SqFt
- Rooms
- 0 Beds + 0 Baths
All Data is Copyright © 2026 BNYMLS Inc. All Rights Reserved. Information is deemed reliable, but not guaranteed and should be independently verified.
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