246 Avenue U
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246 Avenue U
6,560 SF 100% Leased Retail Building Brooklyn, NY 11223 $2,650,000 ($404/SF)
Executive Summary
Introducing a fantastic investment opportunity with this corner mixed-use property, ideally located on the bustling Avenue U and just minutes away from a local school. This versatile property features 4 residential units and 2 commercial spaces, providing an excellent blend of living and business opportunities in a prime location. The strategic positioning offers significant visibility and foot traffic, making it an ideal spot for commercial ventures to thrive. With a school nearby, the area is perfect for attracting families looking for convenient living options, which adds to the property's appeal. The residential units provide comfortable living spaces, fostering a vibrant community atmosphere that complements the active business environment. Designed for easy management, this property allows you to maximize your investment without the hassle. Whether you’re an experienced investor or a newcomer to the real estate market, this mixed-use property is a unique chance to capitalize on a growing area. Don’t miss out on this rare opportunity to own a well-located corner property that combines convenience, community, and commercial success! Contact us today for more details!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,560 SF
Building Class
B
Year Built
1934
Price
$2,650,000
Price Per SF
$404
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.60
Lot Size
0.09 AC
Zoning
R5 - R5 Zoning in NYC is a low density contextual residential zoning district
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Rider's Paradise (96)
Bike Score ®
Very Bikeable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 07122-0016 | Improvements Assessment | $544,050 (2024) |
| Land Assessment | $13,950 (2024) | Total Assessment | $558,000 (2024) |
PROPERTY TAXES
Parcel Number
07122-0016
Land Assessment
$13,950 (2024)
Improvements Assessment
$544,050 (2024)
Total Assessment
$558,000 (2024)
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246 Avenue U
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