Property Description

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
: Flat
Address Map
11223
Avenue U
156
0
W74° 1' 17''
N40° 35' 46.5''
MLS Addon
: Mixed Use
0
9
: Hardwood, Laminate
: Attached Garage, Built-in Garage, 2 Spaces
: Other
: Other
114610
RE/MAX Real Estate Professiona
Billy E. Apter
bea5721
$0
$0
: Full, Semi-finished, Separate Entrance
: Brick
: Active
$20,543

Mixed Use For Sale

156 Avenue U, Brooklyn, New York 11223

3,465 Sqft
$2,350,000
Listing ID #492790
Basic Details
Property Type : Mixed Use
Listing Type : For Sale
Listing ID : 492790
Price : $2,350,000
Square Footage : 3,465 Sqft
Year Built : 1931
Lot Area : 2,243 Sqft
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