x
Showing 1 of 0
X
Save

171 Avenue U
Brooklyn NY 11223 US

$2,650,000

Active Listing ID 486969
lot icon
Lot: 0.04 Acres
home icon
Mixed Use

$2,650,000

Active Listing ID 486969
Save

171 Avenue U Prime Investment & Owner-User Opportunity in the Heart of Brooklyn’s Gravesend. Come into a rare opportunity with this pristine mixed-use building, an ideal fit for both owner-users and savvy investors. Nestled in the vibrant core of Gravesend in Brooklyn, this property seamlessly combines residential comfort with prime commercial potential, making it a standout in one of New York’s most dynamic neighborhoods. The upper floors, comprising the 2nd and 3rd levels, house two spacious free-market apartments, each offering three bedrooms and designed to attract premium tenants. With modern finishes and ample natural light, these units offer both style and convenience, enhancing the building’s appeal and rental value. On the ground floor, a fully equipped retail space awaits – the perfect turnkey solution for a food production business or restaurant commissary. Boasting an impressive commercial kitchen build-out, this space includes ready hook-ups for high-capacity stoves, grills, walk-in freezers, and chillers, all serviced by a code-compliant exhaust system extending to the roof. This level’s setup is crafted to meet the demands of Brooklyn’s bustling food scene, whether for a new venture or an expanding business. With a proforma annual rental income of $109, 652 and projected expenses, including real estate taxes, estimated at $19, 776, the building promises a strong financial outlook. A projected Net Operating Income of $89, 876 underlines this property's remarkable investment potential. This mixed-use gem in Gravesend is more than just a property; it’s a pathway to growth, community connection, and entrepreneurial success in the heart of Brooklyn.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Other
  • Property Sub-type: Mixed Use
  • Features
  • Floor Covering: Hardwood, Laminate, Tile
  • Heating Fuels: Radiator, Steam

Property

  • propertytype: Other
  • propertysubtype: Mixed Use
  • listprice: 2650000
  • unparsedaddress: 171 Avenue U
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11223
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0367309458218549
  • lotsizeunits: Acres
  • lotsizearea: 0.036731
  • livingarea: 3000
  • livingareaunits: Square Feet
  • listagentfullname: Victor Li
  • listagentemail: victorli@optonline.net
  • listagentkey: 3yd-BMLSNY-vl9163
  • listagentmlsid: vl9163
  • listagentpreferredphone: 7184472626
  • listagentofficephone: 7184472626
  • listofficekey: 3yd-BMLSNY-117090
  • listofficemlsid: 117090
  • disclaimer: Copyright © 2024 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BMLSNY
  • yearbuilt: 1931
  • countyorparish: Kings (Brooklyn)
  • constructionmaterials: Brick
  • flooring: Hardwood, Laminate, Tile
  • heating: Radiator, Steam
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Amerihomes Realty of NY, Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"victorli@optonline.net", "ListBrokerageCity":"Staten Island", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Amerihomes Realty of NY, Inc", "ListBrokeragePhone":"(718) 447-2626", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"593 Midland Ave", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"593 Midland Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Staten Island", "ListOfficeCountry":"US", "ListOfficeEmail":"amerihomes@optonline.com", "ListOfficePostalCode":"10306", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - Brooklyn, NY", "ListingURL":"https://listings.listhub.net/pages/BMLSNY/486969/?channel=rexren", "MLSModificationTimestamp":"2024-10-30T09:22:13Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7676, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:15:37 AM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Victor Li, Amerihomes Realty of NY, Inc, victorli@optonline.net

Copyright © 2024 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.