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    1605 Avenue U Brooklyn, NY 11229

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    For Sale
    Contact for pricing

    4,000 SF mixed-use building with commercial and residential units.

    Property size:
    4,000 SF
    Lot size:
    0.08 Acres

    Property Features for 1605 Avenue U

    General Information

    Size
    4,000 SF
    Lot size
    0.08 Acres

    Source: Tri State Commercial Realty Agent Shlomi Bagdadi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Sheepshead Bay

    This is a 4,000 square foot mixed-use building located in the Sheepshead Bay neighborhood of Brooklyn. The property features one commercial unit and two residential units. The building dimensions are as follows: the ground floor measures 16 feet by 100 feet, while the second and third floors each measure 16 feet by 75 feet. The lot dimensions are 16 feet by 105 feet. The property is zoned R5, C1-3 and will be delivered as is. The building is located off East 16th Street and is in close proximity to the Q Train and B3 Bus.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -73.955074
    Latitude
    40.599217

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    FAQs

    What type of property is this?
    Mixed-use property - 4,000 SF mixed-use building with commercial and residential units.
    Where is this mixed-use property located?
    The property is located at 1605 Avenue U Brooklyn, NY.
    What are key features of this property?
    This property features: - Mixed-use building featuring both commercial and residential units.; - Located in the Sheepshead Bay neighborhood of Brooklyn.; - Steps from the Q Train and B3 Bus.
    (718) 437-6100
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    1605 Avenue U Brooklyn, NY 11229
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    Brooklyn, NY 11229
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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
    1605 Avenue U Brooklyn, NY 11229
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