59 Avenue U Brooklyn, NY $ 4,800,000
59 Avenue U
$ 4,800,000
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59 Avenue U

Brooklyn, NY, 11223
$ 4,800,000
Bedrooms-- Baths-- Sq 8,000

Monthly Estimate*

$ 29,554

59 Avenue U, Brooklyn, NY 11223 - Image 1
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Commercial Property for sale in Brooklyn, NY

for $4,800,000. This 8,000 square foot building was built in 1931 on a lot size of 0.183655.

Rare opportunity to acquire a high-exposure corner commercial property at a busy intersection. This building offers approximately 8,000 sq ft of interior space and is zoned R5B/C2-3, allowing for a variety of commercial and residential uses. Ideal for retail, medical, office, or mixed-use development. Features include dual street frontage, excellent visibility, and consistent foot and vehicle traffic. Located in a vibrant, high-demand neighborhood, this property is perfect for investors or end-users seeking a prime, income-generating asset with long-term value.

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Commercial Active

Price

$ 4,800,000

Property Type

Commercial

Taxes

$ 52,430

Style

Commercial

Lot Size

0.183655

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

494103

Features
General
Equipment Included Call agent
Ceiling Height Other
Roof Flat
current use Office Restaurant Retail Other
Zoning R5B
Stories Count 1
Property Type Commercial
Block 7094
Yearly Taxes 52430.00
Transaction Type Sale
Financing Bank Mortgage Cash
Building Type Semi-Detached
Status Active
Construction Materials Other
Cumulative Days on Market 181
MLS Area Gravesend
Sub Type Commercial
Year Built 1931
City Brooklyn
DOM 181
Public Remarks Rare opportunity to acquire a high-exposure corner commercial property at a busy intersection. This building offers approximately 8 000 sq ft of interior space and is zoned R5B/C2-3 allowing for a va
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Interior
Walls Other
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Exterior
Foundation Poured Concrete
Parking Attrib Other
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Tiger Realty

Broker

(646) 239-5999

Phone

Affordability Calculator

$33,924
Per Month
87%
13%
0%
Monthly Principal & Interest
$29,554
Monthly Property Taxes
$4,369
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
7/15/2025$3,999,000 Listed Price

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59 Avenue U, Brooklyn, NY, 11223 is a Commercial Property for sale at $4,800,000 with 8,000 sqft and a lot size of 0.183655. 59 Avenue U was built in 1931. The property's zip code is 11223 which is in Brooklyn, NY