Rare Pure Commercial Building (no residential tenant management) for Sale located in the highly desirable Avenue U commercial corridor. The property is currently occupied by a well-established Mexican restaurant, generating $9,000/month in rent, with the tenant responsible for 50% of the property taxes, ensuring stable and reliable income. The ground floor features high ceilings and a wide-open layout, ideal for a variety of commercial uses. The finished basement is currently utilized as a party/event space, adding additional functional value. Strategically located just a few minutes from the bustling Avenue U business district, surrounded by supermarkets, restaurants, banks, bakeries, and strong foot traffic. Don’t miss this rare opportunity to own a solid commercial asset in one of Brooklyn’s most active retail corridors.
Property Details
Price:
$2,880,000
MLS #:
500482
Status:
Active
Baths:
0
Type:
Commercial
Borough:
Brooklyn
Neighborhood:
sheepsheadbay
Listed Date:
Apr 17, 2026
Finished Sq Ft:
3,200
Year Built:
1931
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address816 Avenue U Brooklyn NY
- NeighborhoodSheepshead Bay
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11223
Market Summary
Current real estate data for Commercial in Brooklyn as of Apr 21, 2026
153
Commercial Listed
142
Avg DOM
611
Avg $ / SqFt
$1,868,402
Avg List Price
Property Summary
- 816 Avenue U Brooklyn NY is a Commercial for sale in Brooklyn, NY, 11223. It is listed for $2,880,000
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