Avenue U Commercial Building For
816 Avenue U Brooklyn, NY 11223
For Sale
$2,880,000
Commercial building in Brooklyn's Avenue U retail corridor.
Days on Market92
Property Features for 816 Avenue U
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1931
Listing Agency:
E House Realty & Mgt. Inc.
(718) 680-2776
Listed By:
David Feng
(718) 680-2776
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 23 at 9:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of E House Realty & Mgt. Inc.
Investment Insights
Based on property information with market context.
This commercial building is located in the Avenue U commercial corridor. The property is occupied by a Mexican restaurant, generating $9,000 per month in rent. The tenant is responsible for 50% of the property taxes. The ground floor features high ceilings and a wide-open layout, suitable for various commercial uses. The finished basement is utilized as a party and event space. The property is located near the Avenue U business district, surrounded by supermarkets, restaurants, banks, and bakeries, with strong foot traffic. The location has a walk score of 96, indicating it is a walker's paradise, a transit score of 84, indicating excellent transit, and a bike score of 63, indicating it is bikeable.
Key Highlights
- Prime location on the highly desirable Avenue U commercial corridor.
- Currently generating $9,000/month in rent from a well‑established tenant.
- Tenant responsible for 50% of property taxes.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
El Palenque 3 ...
Restaurant
Exotic Nails
Nail Salon
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FAQs
What type of property is this?
Storefront property - Commercial building in Brooklyn's Avenue U retail corridor.
Where is this storefront property located?
The property is located at 816 Avenue U Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,880,000.
What are key features of this property?
This property features: Prime location on the highly desirable Avenue U commercial corridor.; Currently generating $9,000/month in rent from a well‑established tenant.; Tenant responsible for 50% of property taxes.
