REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,599,000
Est. payment /mo
Active
33 Avenue U Brooklyn, NY 11223
2,600 SqFt
UPDATED:
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $615
MLS Listing ID 502093
Year Built 1931
Annual Tax Amount $13,191
Property Sub-Type Mixed Use
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.
Location
State NY
County Kings (brooklyn)
Area Gravesend
Zoning R5B
Rooms
Basement Finished
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Hardwood, Laminate, Tile
Heat Source Gas
Exterior
Exterior Feature Brick, Stucco
Roof Type Pitched
Building
Story 2
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Robert Defalco Realty Inc