2001 Avenue U Brooklyn, NY 11229
- Land
- 6,740 SF
Current Use by Public Records
- INK & TONER / Toner Cartridge Supplier / Commercial Printer
- Ocean Deli Grocery Market inc / Mexican Grocery Store
- J & N Deli / Grocery Store
Property Details for 2001 Avenue U
- Property size
- 6,740 SF
- Property type
- Land
Description
This exceptional commercial land opportunity is located at 2001 Avenue U in Brooklyn, New York, 11229, within Kings (Brooklyn) County. The property encompasses a 2,239 square foot lot and offers a total buildable area of 6,740 square feet across four stories. The lot's strategic placement at the bustling intersection of Avenue U and Ocean Avenue ensures high visibility and significant foot traffic, ideal for a variety of commercial ventures. Currently, the site includes a thriving deli occupying approximately 800 square feet of ground floor retail space, complemented by a double-sized basement for ample storage. Adding to the income potential, the property also features "outdoor" flower shops that generate an additional $1,500 monthly rental income. The existing deli currently pays a low monthly rent of $5,000. This presents a unique chance for an investor to acquire a well-situated property with existing income streams and significant development potential. The asking price for this remarkable opportunity is $275,000. The ceiling height is noted as "Other" in the property records. This property is a rare find in a high-demand area and offers substantial returns for the discerning investor.
Value Estimation
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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
- -73.9512
- Latitude
- 40.5996
