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$ 4,000,000
Est. payment /mo
Active
1117 & 1115 Avenue U Brooklyn, NY 11223
1,999 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 852522
Rental Info No
Year Built 1928
Annual Tax Amount $9,031
Lot Size 1,999 Sqft
Acres 0.0459
Property Sub-Type Mixed Use
Source onekey2
Property Description
An incredible investment and business opportunity awaits you in the heart of the bustling Avenue U corridor, just off Coney Island Avenue — one of Brooklyn's most desirable commercial zones. This rare package deal includes 1115 and 1117 Avenue U, offering two fully renovated mixed-use buildings that combine retail, office, and residential components in one unbeatable offering. Together, the properties sit on a 40 ft x 100 ft lot and feature a combined building size of 40 ft x 62 ft, with excellent zoning (R5/C1-3) for a variety of uses.
1115 Avenue U features a beautifully maintained retail storefront (currently a nail salon) with high ceilings, granite tile flooring, four modern bathrooms, and a fully finished basement with high ceilings—ideal for extra workspace, events, or storage. Upstairs is a spacious, updated two-bedroom apartment in excellent condition with a flexible “twin-key” layout perfect for multi-family use, rental income, or an owner-user.
1117 Avenue U, also fully renovated, is currently operated as a professional office space for home care, insurance, and medical services. Its finished basement adds an additional 2,480+ sq. ft. of high-quality space. The second floor across both buildings houses four residential units, each with two bedrooms. All mechanical systems have been updated, including brand-new electric, gas meters, and heating systems, making this a truly turnkey opportunity.
Ideally located near the Q Train, McDonald's, TD Bank, schools, restaurants, and community amenities, this high foot-traffic location is perfect for business operations, residential tenants, or investors seeking a stable, cash-flowing asset in a rapidly appreciating area. Whether you're looking to invest or occupy, this rare Avenue U package offers immediate value and long-term potential.
1115 Avenue U features a beautifully maintained retail storefront (currently a nail salon) with high ceilings, granite tile flooring, four modern bathrooms, and a fully finished basement with high ceilings—ideal for extra workspace, events, or storage. Upstairs is a spacious, updated two-bedroom apartment in excellent condition with a flexible “twin-key” layout perfect for multi-family use, rental income, or an owner-user.
1117 Avenue U, also fully renovated, is currently operated as a professional office space for home care, insurance, and medical services. Its finished basement adds an additional 2,480+ sq. ft. of high-quality space. The second floor across both buildings houses four residential units, each with two bedrooms. All mechanical systems have been updated, including brand-new electric, gas meters, and heating systems, making this a truly turnkey opportunity.
Ideally located near the Q Train, McDonald's, TD Bank, schools, restaurants, and community amenities, this high foot-traffic location is perfect for business operations, residential tenants, or investors seeking a stable, cash-flowing asset in a rapidly appreciating area. Whether you're looking to invest or occupy, this rare Avenue U package offers immediate value and long-term potential.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished, Full
Interior
Heating Ducts, Steam
Cooling Wall/Window Unit(s)
Flooring Hardwood, Other
Fireplace No
Exterior
Utilities Available See Remarks
Building
Foundation Block
Sewer Other
Water Other
Structure Type Brick
Others
Special Listing Condition None
Listed by RE/MAX Edge