117 Avenue UBrooklyn, NY 11223

For Sale
$1,099,000

Two-unit commercial property, vacant possession.

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional investment opportunity presents a prime commercial property located at 117 Avenue U in the Gravesend section of Brooklyn, New York, 11223. The property is a one-story taxpayer building encompassing 1,100 square feet, situated on a 2,000 square foot lot. Currently configured as two separate retail spaces, the property is delivered vacant upon possession, offering immediate flexibility for a variety of uses. One of the previous tenants operated a fully operational restaurant, highlighting the property's suitability for food service businesses. A full basement is included, providing ample storage or potential for expansion. The building's ceiling height is noted as "Other," requiring further inquiry for precise dimensions. This property boasts a prime Avenue location in Gravesend, a vibrant and densely populated neighborhood, making it an ideal investment for both established businesses and new ventures seeking a high-traffic area. The asking price for this two-unit commercial property is $1,099,000. This presents a compelling opportunity to acquire a well-located, versatile commercial space in a thriving Brooklyn neighborhood. The property's vacant status allows for immediate customization and adaptation to the buyer's specific needs and vision.

Highlights

  • $1,099,000 asking price.
  • 1,100 square foot retail/office building with two units.
  • Located at 117 Avenue U, Brooklyn, NY 11223, in the Gravesend neighborhood.
  • 2,000 square foot lot.
  • Features a full basement.

Property Details for 117 Avenue U

Property type
Other retail properties, Restaurants
Square Feet
1,100 SF
Units
2

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.5964305
Longitude
-73.98003
117 Avenue U, Brooklyn, New York

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117 Avenue U
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