Prime mixed-use investment opportunity in the heart of Gravesend! 33 Avenue U is a well-maintained 4-family plus 1 commercial property featuring two spacious 3-bedroom apartments, two 2-bedroom apartments, and a commercial space currently leased to a professional spa. The building generates $110,400 in annual rental income; this income-producing asset offers strong cash flow and long-term upside. Situated on a 22′ x 100′ lot with a 20′ x 65′ building footprint, the property includes 6 electric meters and 5 gas meters. Located at the busy intersection of Avenue U and 86th Street, the property benefits from excellent visibility, high foot traffic, and convenient access to shopping, dining, and public transportation, including the D and N subway lines and B1, B3, and B4 bus routes. Annual property taxes are only $13,190. An exceptional opportunity for investors seeking stable income in a prime Brooklyn location.
Property Details
Price:
$1,599,000
MLS #:
502093
Status:
Active
Baths:
0
Type:
Single Family
Subtype:
Mixed Use
Borough:
Brooklyn
Neighborhood:
gravesend
Listed Date:
Jun 9, 2026
Finished Sq Ft:
2,600
Year Built:
1931
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Community
- Address33 Avenue U Brooklyn NY
- NeighborhoodGravesend
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11223
Market Summary
Current real estate data for Single Family in Brooklyn as of Jul 21, 2026
584
Single Family Listed
127
Avg DOM
1,508
Avg $ / SqFt
$1,974,899
Avg List Price
Property Summary
- 33 Avenue U Brooklyn NY is a Single Family for sale in Brooklyn, NY, 11223. It is listed for $1,599,000 and features 0 beds, 0 baths, and has approximately 2,600 square feet of living space, and was originally constructed in 1931. The current price per square foot is $615. The average price per square foot for Single Family listings in Brooklyn is $1,508. The average listing price for Single Family in Brooklyn is $1,974,899.
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