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    2113 Avenue U Brooklyn, NY 11229

    For Sale
    $1,550,000

    Well-maintained Brooklyn property with retail and residential income potential.

    Lot size:
    0.04 Acres

    Property Features for 2113 Avenue U

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1925

    Source: Joseph Home Sales Agent Joseph Zelik

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

    Overview

    Retail and Residential Brooklyn Property

    This well-maintained property, family-owned for 50 years, features a retail space and a residential apartment. The retail space is currently occupied by a beauty salon with a lease extending for two years, plus a five-year option with yearly rent increases. The beauty salon is responsible for its own heating expenses and 75% of the building's water and sewer bills. A large backyard includes a second egress leading to East 22 Street. The upper apartment, featuring three bedrooms, will be delivered vacant.
    Location Intelligence

    Current Use by Public Records

    MediSpa4U Spa NYROOM Hair Salon

    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
    -73.94999
    Latitude
    40.599766

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    FAQs

    What type of property is this?
    Retail space - Well-maintained Brooklyn property with retail and residential income potential.
    Where is this retail space located?
    The property is located at 2113 Avenue U Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - Income-generating beauty salon with a secure lease and tenant covering significant utility costs.; - Large backyard with a second egress point.; - Vacant 3-bedroom apartment ready for immediate occupancy.
    (718) 934-2400
    Request Owner's contact information
    2113 Avenue U 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
    2113 Avenue U Brooklyn, NY 11229
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