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.
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
- 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#: 491090

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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