33 Avenue U, Brooklyn, NY 11223

$1,599,000

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List Price
$1,599,000
MLS#
1010624
Number Of Families
4
Status
ACTIVE
Lot Size
2200

Property Description

Prime mixed-use investment opportunity in the heart of Gravesend! 33 Avenue U is a well-maintained 4-family plus 1 commercial property featuring two spacious 3-bedroom apartments, two 2-bedroom apartments, and a commercial space currently leased to a professional spa. The building generates $110,400 in annual rental income; this income-producing asset offers strong cash flow and long-term upside. Situated on a 22' x 100' lot with a 20' x 65' building footprint, the property includes 6 electric meters and 5 gas meters. Located at the busy intersection of Avenue U and 86th Street, the property benefits from excellent visibility, high foot traffic, and convenient access to shopping, dining, and public transportation, including the D and N subway lines and B1, B3, and B4 bus routes. Annual property taxes are only $13,190. An exceptional opportunity for investors seeking stable income in a prime Brooklyn location.

Additional Information

Year Built
1931
School District
Brooklyn 20
Total Taxes
13190
Heating
Hot Water
Parking
None
Basement
Finished
Water
Public
Sewer
Public Sewer
Taxes
$13,190

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jay Zhang (jayzmovesyou@gmail.com) from Listing Office: Robert DeFalco Realty Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.