816 Avenue U new

Brooklyn,NY 11223

$ 4000000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY853282

Originating Board onekey2

Rental Info No

Year Built 1931

Annual Tax Amount $26,882

Lot Size 3,201 Sqft

Acres 0.0735

Property Sub-Type Business

Property Description

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.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Finished,Full

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Utilities Available See Remarks

Building

Sewer Other

Water Other

Structure Type Brick

Others

Special Listing Condition None

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