Commercial Sale in Brooklyn, New York, Brooklyn, NY 11223 | Web ID: PH623442 | $4,000,000

 
Property Description

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.

Property Information
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
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