Commercial Sale in Brooklyn, New York, Brooklyn, NY 11223 | Web ID: PH623835 | $4,000,000

 
Property Description

Located in the heart of the busy avenue u corridor just off coney island avenue, this rare mixed-use opportunity is being sold as a package — 1118–1120 avenue u — and offers exceptional value in a thriving commercial and residential zone. The offering includes two fully renovated buildings with a combined lot size of 36’ x 100’ and a building footprint of 36’ x 50’ per floor. Zoned r5 / c1-3, the property features two stories plus two residential units. The ground floor consists of a spacious, open-layout retail space currently used as a nail salon, featuring high ceilings, granite tile flooring, and four modern bathrooms. A finished basement with high ceilings provides additional functional space for storage, workspace, or private events. The second floor houses an updated two-bedroom apartment with a twin-key setup, offering flexibility for multi-family use or strong rental income. The apartment is in excellent, move-in-ready condition. This high-visibility location is surrounded by major retail and service amenities and is just steps from the q subway line, offering both convenience and consistent foot traffic — a prime opportunity for investors and end-users alike.

Property Information
Location/Town New York
Area/County Brooklyn
Post Office/Postal City Brooklyn
Prop. Type Commercial Sale
Tax $8,498.00
Year Built 1927
Basement Finished, Full
Construction Brick
Lot SqFt 1,800
Cooling None
Util Incl See Remarks
Days On Market 2
Tax Assessed Value 66120
Listing information courtesy of: RE/MAX Edge
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