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33 Avenue U, Brooklyn, New York, 11223

$1,599,000

0

Beds

Bathrooms

2,600

Building Sqft

0.05

Acres

2,200

Lot Sqft

About 33 Avenue U

Prime mixed-use investment opportunity in the heart of Gravesend! 33 Avenue U is a well-maintained 4-family plus 1 commercial property featuring two spacious 3-bedroom apartments, two 2-bedroom apartments, and a commercial space currently leased to a professional spa. The building generates $110,400 in annual rental income; this income-producing asset offers strong cash flow and long-term upside. Situated on a 22′ x 100′ lot with a 20′ x 65′ building footprint, the property includes 6 electric meters and 5 gas meters. Located at the busy intersection of Avenue U and 86th Street, the property benefits from excellent visibility, high foot traffic, and convenient access to shopping, dining, and public transportation, including the D and N subway lines and B1, B3, and B4 bus routes. Annual property taxes are only $13,190. An exceptional opportunity for investors seeking stable income in a prime Brooklyn location.

Features of 33 Avenue U

MLS® #
502093
Acres
0.05
Type
Mixed Use
Price
$1,599,000
Square Footage
2,600
Year Built
1931
Sub-Type
Mixed Use

Community Information

Address
33 Avenue U
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11223

Listing Information

Agent Name
Jay Zhang
Agent Office
Robert Defalco Realty Inc

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(718) 987-7900