2001 Avenue UBrooklyn, NY 11229

For Sale
$275,000

Prime Brooklyn location, high foot traffic, $275,000

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional commercial land opportunity is located at 2001 Avenue U in Brooklyn, New York, 11229, within Kings (Brooklyn) County. The property encompasses a 2,239 square foot lot and offers a total buildable area of 6,740 square feet across four stories. The lot's strategic placement at the bustling intersection of Avenue U and Ocean Avenue ensures high visibility and significant foot traffic, ideal for a variety of commercial ventures. Currently, the site includes a thriving deli occupying approximately 800 square feet of ground floor retail space, complemented by a double-sized basement for ample storage. Adding to the income potential, the property also features "outdoor" flower shops that generate an additional $1,500 monthly rental income. The existing deli currently pays a low monthly rent of $5,000. This presents a unique chance for an investor to acquire a well-situated property with existing income streams and significant development potential. The asking price for this remarkable opportunity is $275,000. The ceiling height is noted as "Other" in the property records. This property is a rare find in a high-demand area and offers substantial returns for the discerning investor.

Highlights

  • $275,000 asking price for a commercial land parcel.
  • 6,740 square feet total, with a 2,239 square foot lot size.
  • Located at 2001 Avenue U, Brooklyn, NY 11229.
  • Four-story building with other ceiling heights.
  • Currently features a deli with 800 SF of ground floor retail space and a double-sized basement, plus additional income from an outdoor flower shop.

Property Details for 2001 Avenue U

Property type
Other land, Land
Square Feet
6,740 SF
Stories
4

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.5995893
Longitude
-73.9512511
2001 Avenue U, Brooklyn, New York

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2001 Avenue U
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