1118 Avenue U Active

Brooklyn,NY 11223

$ 4000000

- Bed

- Bath

2700 SqFt


Key Details

Property Type Other Rentals

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $1,481

MLS Listing ID 491091

Property Sub-Type Mixed Use

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 — this property and this 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.

Location

State NY

County Kings (brooklyn)

Area Homecrest

Rooms

Basement Finished,Full

Interior

Interior Features Other

Hot Water Gas

Heating Gas

Flooring Hardwood,Marble

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Rubber

Building

Foundation Block

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

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