Seller represented by:
Billy E. Apter with RE/MAX Real Estate Professiona

156 Avenue U
  • Active
  • Mixed Use

156 Avenue U, Brooklyn, NY 11223 156 Avenue U Get directions

$2,350,000
3,465 Sq.ft. 2,243 Acre Lot
  • Age 94 Years
  • MLS# 492790
  • Listed May 18, 2025

Overview

HIGH PROFIT Mix-Use Corner Property with 4 stores, 2 apartments, and a Garage, in highly desirable Gravesend. This RARE INVESTMENT property produces *OVER $150,000 yearly rental income; *OVER $116,000 NET INCOME* *OVER 5% CAP (projected 6%) * *10%+ annual gain with appreciation.* The building is 20× 105(residential 1365 sq ft; commercial 2100 sq ft) on a lot 20× 115. First floor – 4 Stores: Deli, Barber Shop, Flower Shop, Office and Garage. Second floor: 2 two-bedroom apartments. Store basement: Full semi-finished. Built in 1931; Zoned R5. Property tax $20,543. VERY busy corner – Right next to N train station and B3 Bus Stop. This highly sought-after property is close to many schools, parks, restaurants, cafes, supermarkets, stores, shops, and more. 2025 UPGRADES: *tested LEAD-FREE!* *New store floor and subfloor* *Brick Repointed* *ROOF waterproofed & Flashed* *Apartments painted* *New apartment floor*

Features

Basement

  • Full
  • Partially Finished

Flooring

  • Hardwood
  • Laminate

Heating

  • Hot Water
  • Natural Gas

Fireplaces

  • Has Firepace: No

Lot

  • 0.05 acres
  • Lot Size: 2243 sq ft

Garage and Parking

  • Attached Garage: No

We're sorry we have no data related to schools for this listing.

  • 156 Avenue U, Brooklyn, NY 11223 $2,350,000
  • 3,465 Sq. ft. 2,243 Acre Lot

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