33 Avenue U, Brooklyn, New York 11223
- $1,599,000
- 2,600
- SqFt
- List Price
- $1,599,000
- Status
- ACTIVE
- MLS#
- 502093
- Sq. Ft
- 2,600
- Year Built
- 1931
Property Description
Prime mixed-use investment opportunity in the heart of Gravesend! 33 Avenue U is a well-maintained 4-family plus 1 commercial property featuring two spacious 3-bedroom apartments, two 2-bedroom apartments, and a commercial space currently leased to a professional spa. The building generates $110,400 in annual rental income; this income-producing asset offers strong cash flow and long-term upside. Situated on a 22' x 100' lot with a 20' x 65' building footprint, the property includes 6 electric meters and 5 gas meters. Located at the busy intersection of Avenue U and 86th Street, the property benefits from excellent visibility, high foot traffic, and convenient access to shopping, dining, and public transportation, including the D and N subway lines and B1, B3, and B4 bus routes. Annual property taxes are only $13,190. An exceptional opportunity for investors seeking stable income in a prime Brooklyn location.
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Additional Information
- Lot Size
- 2,200
- Stories
- 2
- Heat Source
- Gas
- Year Built
- 1931
- Zoning
- R5B
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Bank Mortgage, Cash
- Building Type
- Semi-Detached
- Year Built
- 1931
- Basement
- Finished
- Lot Dimensions
- 100 x 22
- Building Dimensions
- 65.00 x 20.00
- Estimated Yearly Tax Amount
- $13,191
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Listing courtesy of Robert Defalco Realty Inc.