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    1118 Avenue U Brooklyn, NY 11223

    For Sale
    $4,000,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    2,700 SF
    Lot size:
    0.08 Acres
    Days on Market:
    199
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 1118 Avenue U

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Size
    2,700 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Natural Gas, Other (Heating), Steam

    Building Details

    Flooring type
    Hardwood, Marble
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    Womcore LLC dba Remax Edge (718) 612-3088 [email protected]

    Listing agent Michelle J. Zhang (718) 612-3088

    Listing date May 29, 2025

    MLS# 491091 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Mixed-Use Brooklyn Property

    Located in the heart of the busy Avenue U corridor, just off Coney Island Avenue, this mixed-use property is being sold as a package with another property. The combined lot size is 36 feet by 100 feet, with a building footprint of 36 feet by 50 feet per floor. Zoned R5 / C1-3, the property features two stories plus two residential units. The ground floor consists of a spacious, open-layout retail space currently used as a nail salon, featuring high ceilings, granite tile flooring, and four modern bathrooms. A finished basement with high ceilings provides additional functional space for storage, workspace, or private events. The second floor houses an updated two-bedroom apartment with a twin-key setup, offering flexibility for multi-family use or strong rental income. The apartment is in excellent, move-in-ready condition. This high-visibility location is surrounded by major retail and service amenities and is just steps from the Q subway line, offering both convenience and consistent foot traffic.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.960648
    Latitude
    40.598127

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in a thriving commercial and residential zone.
    Where is this mixed-use property located?
    The property is located at 1118 Avenue U Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - Prime location in the high-traffic Avenue U corridor, near Coney Island Avenue and the Q subway line.; - Mixed-use property with renovated retail space and residential units, offering diverse income potential.; - Two fully renovated buildings being sold as a package, maximizing investment value.
    (718) 612-3088
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    1118 Avenue U Brooklyn, NY 11223
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    Brooklyn, NY 11223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1118 Avenue U Brooklyn, NY 11223
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