1118 Avenue U Brooklyn, NY $ 4,000,000
1118 Avenue U
$ 4,000,000
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1118 Avenue U

Brooklyn, NY, 11223
$ 4,000,000
Bedrooms-- Baths-- Sq 2,700

Monthly Estimate*

$ 24,629

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Commercial Property for sale in Brooklyn, NY

for $4,000,000. This 2,700 square foot building was built on a lot size of 0.082645.

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.

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Commercial Active

Price

$ 4,000,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.082645

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

491091

Features
Interior
Heating Fuel Gas
Flooring Hardwood Marble
Hot Water Gas
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General
Roof Rubber
Electric 200 Amp
Property Type Mixed Use
Block 7343
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 263
MLS Area Homecrest
Sub Type Mixed Use
City Brooklyn
DOM 263
# Families 1
Public Remarks 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 exceptio
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Exterior
Exterior Brick
Foundation Block
Parking Attrib Other
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Re/Max Edge

Broker

(646) 937-2188

Phone

Affordability Calculator

$24,629
Per Month
100%
0%
0%
Monthly Principal & Interest
$24,629
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2025$4,000,000 Listed Price

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1118 Avenue U, Brooklyn, NY, 11223 is a Commercial Property for sale at $4,000,000 with 2,700 sqft and a lot size of 0.082645. The property's zip code is 11223 which is in Brooklyn, NY