$4,000,000
1118 Avenue U
Brooklyn, NY, 11223
Located in the heart of the busy Avenue U corridor just off Coney Island Avenue, this rare mixed-use opportunity is being sold as a package — this property and this 1120 Avenue U — and offers exceptional value in a thriving commercial and residential zone. The offering includes two fully renovated buildings with a combined lot size of 36’ x 100’ and a building footprint of 36’ x 50’ per floor. Zoned R5 / C1-3, the property features two stories plus two residential units. The ground floor consists of a spacious, open-layout retail space currently used as a nail salon, featuring high ceilings, granite tile flooring, and four modern bathrooms. A finished basement with high ceilings provides additional functional space for storage, workspace, or private events. The second floor houses an updated two-bedroom apartment with a twin-key setup, offering flexibility for multi-family use or strong rental income. The apartment is in excellent, move-in-ready condition. This high-visibility location is surrounded by major retail and service amenities and is just steps from the Q subway line, offering both convenience and consistent foot traffic — a prime opportunity for investors and end-users alike.
Property Details
Price:
$4,000,000
MLS #:
491091
Status:
Active
Baths:
0
Type:
Single Family
Subtype:
Mixed Use
Borough:
Brooklyn
Neighborhood:
homecrest
Listed Date:
Jul 30, 2025
Finished Sq Ft:
2,700
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Current real estate data for Single Family in Brooklyn as of Oct 19, 2025
565
Single Family Listed
60
Avg DOM
1,286
Avg $ / SqFt
$1,856,578
Avg List Price
Community
- Address1118 Avenue U Brooklyn NY
- NeighborhoodHomecrest
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11223
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Property Summary
- 1118 Avenue U Brooklyn NY is a Single Family for sale in Brooklyn, NY, 11223. It is listed for $4,000,000 and features 0 beds, 0 baths, and has approximately 2,700 square feet of living space.The current price per square foot is $1,481. The average price per square foot for Single Family listings in Brooklyn is $1,286. The average listing price for Single Family in Brooklyn is $1,856,578.

1118 Avenue U
Brooklyn, NY