Listed by Commercial Acquisitions
$2,099,000
240 AVENUE U BROOKLYN NY 11223
Details
APN 07122-0015
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 3,520
Units 4
Occupancy 50%
Tenancy Multi
Year Built 1931
Stories 2
Lot Size (SqFt) 2,000
Zoning R5, C1-3
Ground Lease No
Mixed-Use Building for Sale
Marketing description
240 Avenue U presents a mixed-use building for sale in a highly active Brooklyn retail corridor. The property features a ground-floor commercial space delivered vacant (1920 SF), creating an excellent opportunity for an owner-user seeking immediate occupancy while benefiting from additional residential income.
The second floor (1,600 SF) consists of a 3-bedroom apartment in the rear currently paying $2,348/month and a 1-bedroom apartment in the front paying $1,800/month, providing stable in-place cash flow.
Investment highlights
- Prime Gravesend Location
- 2 Apartments (3BR & 1 BR, 1600 SF combined)
- 1st Fl Commercial Space (1920 SF, Delivered Vacant)
- Surrounded by Major Businesses
Listing Contacts
Listed by Commercial Acquisitions
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