$1,599,000
( $615.00Per Sq Foot )
 $8,584 est/mo Sourced by Back At You

33 Avenue U,Brooklyn, NY 11223

Brooklyn, NY 11223

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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.

Details

MLS #502093
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1931
Days On Site103
Listing Provided ByRobert Defalco Realty Inc | Jay Zhang

Features

SQ Feet2,600
BasementY
Story(s)2
Units5
ZoningR5B

Interior

Heating FuelGas

Exterior

ExteriorBrick, Stucco
RoofPitched
Construction MaterialsBlock, Brick
Foundation DetailsBlock

Parking

Parking Feature SingleNone

Utilities

Electric110 V, 220 V

Taxes

Tax Amount13191.00

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11223
AreaBrooklyn
SubareaGravesend
Listing VS Median (in 11223)
Price:
$1,599,000
low | high
Med:
$1,278,000
70.075046904315% of Average
sqft:
2,600
low | high
Med:
4,626
27.923076923077% of Average
$ / sqft:
$615
low | high
Med:
$276
100% of Average
On site:
103
low | high
Med:
359
28.690807799443% of Average
Sourced by Back At You

Market Activity 11223

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Contact

Learn More About This Property

Gregory Kyroglou

Gregory Kyroglou

Modern Spaces New York

 (917) 916-6776greg@modernspaces.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11223
AreaBrooklyn
SubareaGravesend
Listing VS Median (in 11223)
Price:
$1,599,000
low | high
Med:
$1,278,000
70.075046904315% of Average
sqft:
2,600
low | high
Med:
4,626
27.923076923077% of Average
$ / sqft:
$615
low | high
Med:
$276
100% of Average
On site:
103
low | high
Med:
359
28.690807799443% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.199M - $1.998M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
33 Avenue U Property Photo 1
$1,599,000
33 Avenue U
Brooklyn, NY 11223
Listing Updated: June 8, 2026 at 2:21:00 PM PDT
Gregory Kyroglou
(917) 916-6776
Astoria - 29-20 23rd Ave.
Astoria, New York 11105

Gregory Kyroglou - Modern Spaces New York