816 Avenue U

Brooklyn, NY 11223
  • $4,000,000

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

About the Listing RMXE01 - 170705

A fully renovated commercial gem in the heart of Avenue U’s thriving business district, this former Spanish restaurant offers an exceptional opportunity for investors, developers, or owner-users seeking a turnkey property with outstanding potential. Situated on a 41 ft x 83 ft lot with R6A zoning and a C1-4 commercial overlay, the site allows for flexible usage and excellent future development possibilities, with a max residential FAR of 3.0. The main level boasts soaring ceilings and a wide-open layout, ideal for a variety of commercial purposes including retail, office, medical, or event space. The fully finished basement, featuring 10-ft ceilings, was previously used as a private event area, further enhancing the building’s versatility. Completely gut renovated from top to bottom, the property includes a commercial kitchen setup, brand-new central A/C, updated electric and plumbing systems, and beautiful new flooring throughout. Move-in ready and offering incredible visibility, this location benefits from high foot traffic and is surrounded by a dense residential population. Steps to Ocean Parkway and the Q Train, and in close proximity to McDonald’s, major banks, and numerous local businesses, this is a rare Avenue U opportunity that combines prime location, immaculate condition, and significant upside potential.

Listing Highlights for 816 Avenue U

Status Active
Days on Site 134
Property Type Commercial Sale
MLS ® 853282
Year Built 1931
Total Square Footage 0
Lot/Acreage 0.07

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Other

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Other

Financial Details

  • Tax Amount: $26,883
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 07135-0007
  • Tax Year: N/A

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816 Avenue U Brooklyn, NY 11223

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Originating MLS: onekey2

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