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$ 2,880,000
Est. payment /mo
Active
816 Avenue U Brooklyn, NY 11223
3,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $900
MLS Listing ID 500482
Year Built 1931
Annual Tax Amount $28,469
Property Sub-Type Commercial
Property Description
Rare Pure Commercial Building (no residential tenant management) for Sale located in the highly desirable Avenue U commercial corridor. The property is currently occupied by a well-established Mexican restaurant, generating $9,000/month in rent, with the tenant responsible for 50% of the property taxes, ensuring stable and reliable income. The ground floor features high ceilings and a wide-open layout, ideal for a variety of commercial uses. The finished basement is currently utilized as a party/event space, adding additional functional value. Strategically located just a few minutes from the bustling Avenue U business district, surrounded by supermarkets, restaurants, banks, bakeries, and strong foot traffic. Don't miss this rare opportunity to own a solid commercial asset in one of Brooklyn's most active retail corridors.
Location
State NY
County Kings (brooklyn)
Area Sheepshead Bay
Zoning R6A
Rooms
Basement Finished, Full
Interior
Interior Features None
Equipment None
Exterior
Roof Type Flat
Present Use Restaurant
Building
Foundation Poured Concrete
Others
Financing 1031 Exchange,Cash
Listed by E House Realty & Mgt. Inc.
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