1115 Avenue U Brooklyn, NY $ 4,000,000
1115 Avenue U
$ 4,000,000
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1115 Avenue U

Brooklyn, NY, 11223
$ 4,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 26,585

1115 Avenue U, Brooklyn, NY 11223 - Image 1

Commercial Property for sale in Brooklyn, NY

for $4,000,000. The lot size is 0.091827.

An incredible investment and business opportunity awaits you in the heart of the bustling Avenue U corridor, just off Coney Island Avenue — one of Brooklyn’s most desirable commercial zones. This rare package deal includes this property and 1117 Avenue U, offering two fully renovated mixed-use buildings that combine retail, office, and residential components in one unbeatable offering. Together, the properties sit on a 40 ft x 100 ft lot and feature a combined building size of 40 ft x 62 ft, with excellent zoning (R5/C1-3) for a variety of uses. This property features a beautifully maintained retail storefront (currently a nail salon) with high ceilings, granite tile flooring, four modern bathrooms, and a fully finished basement with high ceilings—ideal for extra workspace, events, or storage. Upstairs is a spacious, updated two-bedroom apartment in excellent condition with a flexible “twin-key” layout perfect for multi-family use, rental income, or an owner-user. 1117 Avenue U, also fully renovated, is currently operated as a professional office space for home care, insurance, and medical services. Its finished basement adds an additional 2,480+ sq. ft. of high-quality space. The second floor across both buildings houses four residential units, each with two bedrooms. All mechanical systems have been updated, including brand-new electric, gas meters, and heating systems, making this a truly turnkey opportunity. Ideally located near the Q Train, McDonald's, TD Bank, schools, restaurants, and community amenities, this high foot-traffic location is perfect for business operations, residential tenants, or investors seeking a stable, cash-flowing asset in a rapidly appreciating area. Whether you're looking to invest or occupy, this rare Avenue U package offers immediate value and long-term potential.

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Commercial Active

Price

$ 4,000,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.091827

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

491090

Features
Interior
Heating Fuel Gas
Flooring Hardwood Stone
Hot Water Gas
General
Roof Rubber
Electric 200 Amp
Property Type Mixed Use
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 12
MLS Area Homecrest
Sub Type Mixed Use
City Brooklyn
DOM 12
# Families 4
Public Remarks An incredible investment and business opportunity awaits you in the heart of the bustling Avenue U corridor just off Coney Island Avenue — one of Brooklyn’s most desirable commercial zones. This rare
Exterior
Exterior Brick
Foundation Block
Parking Attrib Other
Internal Only
Originating MLS Brooklyn New York MLS
* Excluded Features
List By
Re/Max Edge

Broker

(646) 937-2188

Phone

Affordability Calculator

$26,585
Per Month
100%
0%
0%
Monthly Principal & Interest
$26,585
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2025$4,000,000 Listed Price

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1115 Avenue U, Brooklyn, NY, 11223 is a Commercial Property for sale at $4,000,000 with a lot size of 0.091827. The property's zip code is 11223 which is in Brooklyn, NY