A fully renovated commercial gem in the heart of avenue u’s thriving business district, this former spanish restaurant offers an exceptional opportunity for investors, developers, or owner-users seeking a turnkey property with outstanding potential. Situated on a 41 ft x 83 ft lot with r6a zoning and a c1-4 commercial overlay, the site allows for flexible usage and excellent future development possibilities, with a max residential far of 3. 0. The main level boasts soaring ceilings and a wide-open layout, ideal for a variety of commercial purposes including retail, office, medical, or event space. The fully finished basement, featuring 10-ft ceilings, was previously used as a private event area, further enhancing the building’s versatility. Completely gut renovated from top to bottom, the property includes a commercial kitchen setup, brand-new central a/c, updated electric and plumbing systems, and beautiful new flooring throughout. Move-in ready and offering incredible visibility, this location benefits from high foot traffic and is surrounded by a dense residential population. Steps to ocean parkway and the q train, and in close proximity to mcdonald’s, major banks, and numerous local businesses, this is a rare avenue u opportunity that combines prime location, immaculate condition, and significant upside potential.
Location/Town | New York |
Area/County | Brooklyn |
Post Office/Postal City | Brooklyn |
Prop. Type | Commercial Sale |
Tax | $26,883.00 |
Year Built | 1931 |
Basement | Finished, Full |
Construction | Brick |
Lot SqFt | 3,200 |
Cooling | None |
Util Incl | See Remarks |
Days On Market | 2 |
Tax Assessed Value | 253800 |
Tax Lot | 7 |
Listing information courtesy of: RE/MAX Edge |