1117 & 1115 Avenue U Brooklyn, NY $ 4,000,000
1117 & 1115 Avenue U
$ 4,000,000
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1117 & 1115 Avenue U

Brooklyn, NY, 11223
$ 4,000,000
Bedrooms-- Baths-- Sq 2,480

Monthly Estimate*

$ 26,585

1117 & 1115 Avenue U, Brooklyn, NY 11223 - Image 1

Commercial Property for sale in Brooklyn, NY

for $4,000,000. This 2,480 square foot building was built in 1928 on a lot size of 0.0459.

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 1115 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. 1115 Avenue U 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

$ 9,031

Style

Mixed Use

Lot Size

0.0459

Year Built

1928

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

852522

Features
Interior
Basement Finished Full
General
Building Area Units Square Feet
* Excluded Features
List By
Michelle J. Zhang

Listing Agent

Re/Max Edge

Broker

michellezhang@remaxedgeny.com

Email

Affordability Calculator

$27,338
Per Month
97%
3%
0%
Monthly Principal & Interest
$26,585
Monthly Property Taxes
$753
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
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2025$4,000,000 Listed Price

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1117 & 1115 Avenue U, Brooklyn, NY, 11223 is a Commercial Property for sale at $4,000,000 with 2,480 sqft and a lot size of 0.0459. 1117 & 1115 Avenue U was built in 1928. The property's zip code is 11223 which is in Brooklyn, NY