222 Avenue U, Brooklyn, New York 11223
- $3,999,000
- 4,000
- SqFt
- List Price
- $3,999,000
- Status
- ACTIVE
- MLS#
- 498543
- Sq. Ft
- 4,000
- Year Built
- 1940
Property Description
Proudly presenting this renovated commercial building in Gravesend Brooklyn, a true gem in Gravesend, Brooklyn. With over $1.6 million invested solely in its renovation, the owner's dedication to excellence is evident in every detail. Located on Avenue U, a highly trafficked area, this property is poised for success. Spanning an impressive 8,000 square feet in total: 4,000 square feet above ground, 4,000 square ft below. This building offers ample space for your business ventures. What sets it apart is the additional finished basement, which can be used as a party room. Currently operating as a restaurant, this versatile space presents endless possibilities. The property comes with a triple net lease, ensuring a stable and predictable income stream. With an estimated monthly rent of $12,500, this opportunity beckons investors seeking a modern commercial building. Don't miss your chance to own this modern commercial building that epitomizes quality and potential. Seize this incredible and watch your business flourish. Act now to secure your future in this thriving location!
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Additional Information
- Lot Size
- 4,000
- Stories
- 1
- Parking Description
- Other
- Year Built
- 1940
- Zoning
- R5
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Bank Mortgage, Cash
- Building Type
- Attached
- Year Built
- 1940
- Basement
- Finished, Full
- Lot Dimensions
- 100 x 40
- Building Dimensions
- 96.00 x 40.00
- Estimated Yearly Tax Amount
- $24,614
Mortgage Calculator
Listing courtesy of Momentum Real Estate LLC.