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Address: ‎156 Avenue U
Zip Code: 11223
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$2,288,888
ID # 504466
English
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$2,288,888 - 156 Avenue U, Gravesend, NY 11223|ID # 504466

ID #‎ 504466
Construction Year1931
Taxes
(per year)
$18,989
Fuel TypeGas
BasementFull basement
Bus0 min: B3
4 min: B1, B4
Subway2 min: N
6 min: F
9 min: D
LIRR5.9 miles: "Nostrand Avenue"
6 miles: "Atlantic Terminal"
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房屋英文概況 English Description

Rare HIGH PROFIT Mixed-Use Investment in Prime Gravesend! This well-maintained corner property features 4 retail stores, 2 two-bedroom apartments, and a private garage, at the VERY BUSY Avenue U & W. 7th St. intersection. The property generates $174,120 in annual gross income with a net profit of $138,000, producing an amazing 6% CAP rate at the asking price. The building measures approximately 20' x 105' on a 20' x 115' lot, with approximately 3,465 SF, plus a Full Basement. Excellent corner exposure, HIGH TENANT DEMAND, nearby from the Avenue U N train station and B3 bus, surrounded by established businesses, restaurants, supermarkets and neighborhood amenities. Strong income with additional rental upside makes this an excellent opportunity for investors, or for a store operator looking for a great location.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Brooklyn New York Multiple Listing Service. All rights reserved.

Courtesy of ProBase Real Estate

公司: ‍718-210-2727




$2,288,888
COMMERCIAL
ID # 504466
‎156 Avenue U
Brooklyn, NY 11223


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