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59 Avenue U, Brooklyn, New York, 11223

$3,990,000

0

Beds

Bathrooms

8,000

Building Sqft

0.18

Acres

8,000

Lot Sqft

About 59 Avenue U

Proudly presenting this rare opportunity to operate or develop upon a neighborhood staple. Existing as a well-established catering hall for decades, the property is turn-key for such use with 8,000 sqft of interior space, built in 1931. The 80×100 corner lot also allows for development with R5B and C2-3 zoning. An excellent location on Avenue U with several successful new developments nearby.

R5B zoning allows for detached and semi-detached multi-family dwellings with FAR 1.35 as well as use for three-story row houses. In addition to the residential zoning, C2-3 zoning allows the development of mixed-use buildings with commercial and residential uses.

Features of 59 Avenue U

MLS® #
483909
Acres
0.18
Type
Commercial
Price
$3,990,000
Square Footage
8,000
Year Built
1931
Sub-Type
Commercial

Community Information

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

Listing Information

Agent Name
Ameer Hamdan
Agent Office
Gama Group LLC

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(718) 987-7900