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For sale
  • $4,000,000

    1115 Avenue U, Brooklyn, NY 11223

    --beds
    0baths
    --sqft
    Mixed Use
    Built in ----
    4,000 Square Feet Lot
    $3,815,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern bathroomsSpacious updated two-bedroom apartmentFully finished basementProfessional office spaceFinished basementHigh ceilingsBeautifully maintained retail storefront
    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 this property 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. This property 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.
    2 days
    on Zillow
    |
    55
    |
    3
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 03:17am

    Listing by:

    RE/MAX Edge 718-612-3088,

    Michelle J. Zhang 646-937-2188

    Source: BNYMLS,MLS#: 491090MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1115 Avenue U.

    Next available tour time:Today at 2:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Natural Gas, Ductless/Split, Steam/Radiator
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Hardwood, Stone
    • Basement: Finished,Full

    Property

    Parking
    • Parking features: Other
    Lot
    • Size: 4,000 Square Feet
    • Dimensions: 40x100
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 073150043
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Block
    • Roof: Rubber

    Utilities & green energy

    • Electric: 200 Amp

    Community & HOA

    Community
    • Subdivision: Brooklyn
    Location
    • Region: Brooklyn

    Financial & listing details

    • Tax assessed value: $1,539,000
    • Annual tax amount: $9,031
    • Date on market: 4/23/2025
    • Total actual rent: 18000
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