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$ 4,000,000
Est. payment /mo
Active
1118 Avenue U Brooklyn, NY 11223
2,700 SqFt
UPDATED:
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
Listed by RE/MAX Edge