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33 Avenue U , Brooklyn, NY 11223

$1,599,000

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New to the Market

BEDS0 BATHS MLS#1010624

STATUSActive PROPERTY TYPECommercial - SCHOOLBrooklyn 20

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Property Description

Prime mixed-use investment opportunity in the heart of Gravesend! 33 Avenue U is a well-maintained 4-family plus 1 commercial property featuring two spacious 3-bedroom apartments, two 2-bedroom apartments, and a commercial space currently leased to a professional spa. The building generates $110,400 in annual rental income; this income-producing asset offers strong cash flow and long-term upside. Situated on a 22' x 100' lot with a 20' x 65' building footprint, the property includes 6 electric meters and 5 gas meters. Located at the busy intersection of Avenue U and 86th Street, the property benefits from excellent visibility, high foot traffic, and convenient access to shopping, dining, and public transportation, including the D and N subway lines and B1, B3, and B4 bus routes. Annual property taxes are only $13,190. An exceptional opportunity for investors seeking stable income in a prime Brooklyn location.

33 Avenue U | MLS# 1010624

This commercial property located at 33 Avenue U , Brooklyn, NY 11223 is currently listed for sale with an asking price of $1,599,000. Avenue U is located within the Brooklyn 20 school district. Search Brooklyn real estate on www.laffey.com today.

Property Features

Property Type: Commercial -

Basement: Yes

Basement: Finished

Cooling: Wall/Window Unit(s)

Heating: Hot Water

Lot Size: 0.05 Acres

Taxes: $13,190

Year Built: 1931

Feature Descriptions

Building Area Total: 2600

Exterior: Block, Brick

Fuel Expense: 4500

Heating Zones: 1

On Market Date: 2026-06-08

Other Expense: 2800

Parcel Number: 07093-0041

Parking Features: None

Property Attached Y/N: 1

Rental Term: Monthly

Separate Electric Meters: 6

Separate Gas Meters: 5

Sewer: Public Sewer

Units: 4

Utilities: Electricity Connected, Natural Gas Connected

Water: Public

Local Schools

School District: Brooklyn 20

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Greenvale, NY 11548

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33 Avenue U , Brooklyn, NY 11223

Property Description

33 Avenue U | MLS# 1010624

Property Features

Feature Descriptions

Local Schools

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33 Avenue U , Brooklyn, NY 11223

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