Current Use by Public Records
- El Sueñito Restaurant / Restaurant
- MTS Consulting / Consultant
Property Details for 117 Avenue U
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a prime commercial property located at 117 Avenue U in the Gravesend section of Brooklyn, New York, 11223. The property is a one-story taxpayer building encompassing 1,100 square feet, situated on a 2,000 square foot lot. Currently configured as two separate retail spaces, the property is delivered vacant upon possession, offering immediate flexibility for a variety of uses. One of the previous tenants operated a fully operational restaurant, highlighting the property's suitability for food service businesses. A full basement is included, providing ample storage or potential for expansion. The building's ceiling height is noted as "Other," requiring further inquiry for precise dimensions. This property boasts a prime Avenue location in Gravesend, a vibrant and densely populated neighborhood, making it an ideal investment for both established businesses and new ventures seeking a high-traffic area. The asking price for this two-unit commercial property is $1,099,000. This presents a compelling opportunity to acquire a well-located, versatile commercial space in a thriving Brooklyn neighborhood. The property's vacant status allows for immediate customization and adaptation to the buyer's specific needs and vision.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings (Brooklyn)
- State
- New York
- Longitude
- -73.98
- Latitude
- 40.5964
