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157-159 Avenue U

9 Unit Apartment Building $3,800,000 ($422,222/Unit) Brooklyn, NY 11223

Investment Highlights

  • Corner Mixed-Use Building.
  • 6 out of 8 Apartments Vacant.
  • Opportunity for retail owner-operator to utilize store and apartments.
  • Ground Floor Retail Store can be Delivered Vacant.
  • 5 out of 8 Apartments in Good Condition (3 will benefit from cosmetic work).

Executive Summary

Ground floor retail (with basement) can be delivered vacant. 6 vacant apartments out of 8 total. 5 apartments in good condition; cosmetic work indicated in 3 apartments.

Property Facts

Price $3,800,000
Price Per Unit $422,222
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Size 6,400 SF
No. Stories 3
Year Built 1931
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Rider's Paradise (97)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code C2-3 (Built up.)
C2-3 (Built up.)
  • Listing ID: 34225799

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 157-159 Avenue U, Brooklyn, NY 11223

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