Renovated Commercial Building in
For Sale
$3,999,000
222 Avenue U, Brooklyn, NY 11223
Renovated 8,000 SF commercial building in a high-traffic Brooklyn location.
Property Size8,000 SF
Price / SF$499.88
Days on Market101
Property Features for 222 Avenue U
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Commercial
Building Details
Year Built
1940
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Meijuan (Minnie) Lin · License #10401310408
(718) 382-0001
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 1 at 9:17AM
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 Momentum Real Estate LLC
Investment Insights
Based on property information with market context.
This renovated commercial building is located in Gravesend, Brooklyn. The property, situated on Avenue U, benefits from high traffic. The building has undergone significant renovations, with over $1.6 million invested. The total area spans 8,000 square feet, with 4,000 square feet above ground and 4,000 square feet below. The finished basement can be used as a party room. Currently operating as a restaurant, the space offers versatile possibilities for other business ventures. The property comes with a triple net lease and has an estimated monthly rent of $12,500. The location has a walk score of 95, indicating it is a walker's paradise, a transit score of 91, indicating it is a rider's paradise, and a bike score of 65, indicating it is bikeable.
Key Highlights
- Renovated commercial building with $1.6 million investment
- Located on highly trafficked Avenue U
- 8,000 total square feet (4,000 above ground, 4,000 below)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,120
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Groceries 30%
Dining 10%
Electronics 5%
Petco
Shops & Services
23,136 visits/mo
0.4 miles
Super Foodtown
Groceries
19,340 visits/mo
0.5 miles
Sunoco
Shops & Services
15,934 visits/mo
0.4 miles
Dunkin' Donuts
Dining
5,859 visits/mo
0.5 miles
C-Town Supermarkets
Groceries
3,615 visits/mo
0.3 miles
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
Market
Properties on Market for Restaurants in Brooklyn
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- New York Kosher Caterers — 2030 Ocean Pkwy #1, Brooklyn, NY 11223
- Fruits By Pesha llc — 11 Colin Pl, Brooklyn, NY 11223
- JP MIXOLOGY — 1933 W 8th St, Brooklyn, NY 11223
- Dining Services — 1 Lake St, Brooklyn, NY 10022
- Clementes Fine Foods — 138 Avenue T, Brooklyn, NY 11223
Frequently Asked Questions
What type of property is this?
Restaurant - Renovated 8,000 SF commercial building in a high-traffic Brooklyn location.
Where is this restaurant located?
The property is located at 222 Avenue U Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: Renovated commercial building with **$1.6 million investment**; Located on highly trafficked Avenue U; 8,000 total square feet (4,000 above ground, 4,000 below)
