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816 Avenue U, Brooklyn, New York, 11223

$4,000,000

0

Beds

Bathrooms

3,403

Building Sqft

0.07

Acres

3,200

Lot Sqft

About 816 Avenue U

A fully renovated commercial gem in the heart of Avenue U’s thriving business district, this former Spanish restaurant offers an exceptional opportunity for investors, developers, or owner-users seeking a turnkey property with outstanding potential. Situated on a 41 ft x 83 ft lot with R6A zoning and a C1-4 commercial overlay, the site allows for flexible usage and excellent future development possibilities, with a max residential FAR of 3.0. The main level boasts soaring ceilings and a wide-open layout, ideal for a variety of commercial purposes including retail, office, medical, or event space. The fully finished basement, featuring 10-ft ceilings, was previously used as a private event area, further enhancing the building’s versatility. Completely gut renovated from top to bottom, the property includes a commercial kitchen setup, brand-new central A/C, updated electric and plumbing systems, and beautiful new flooring throughout. Move-in ready and offering incredible visibility, this location benefits from high foot traffic and is surrounded by a dense residential population. Minutes to Ocean Parkway and the Q Train, and in close proximity to McDonald’s, major banks, and numerous local businesses, this is a rare Avenue U opportunity that combines prime location, immaculate condition, and significant upside potential.

Features of 816 Avenue U

MLS® #
492143
Acres
0.07
Type
Commercial
Price
$4,000,000
Square Footage
3,403
Sub-Type
Commercial

Community Information

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

Listing Information

Agent Name
Michelle J. Zhang
Agent Office
RE/MAX Edge

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(718) 987-7900