816 Avenue U Brooklyn, NY $ 2,880,000
816 Avenue U
$ 2,880,000
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816 Avenue U

Brooklyn, NY, 11223
$ 2,880,000
Bedrooms-- Baths-- Sq 3,200

Monthly Estimate*

$ 17,733

816 Avenue U, Brooklyn, NY 11223 - Image 1

Commercial Property for sale in Brooklyn, NY

for $2,880,000. This 3,200 square foot building was built in 1931 on a lot size of 0.078122.

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.

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Commercial Active

Price

$ 2,880,000

Property Type

Commercial

Taxes

$ 28,469

Style

Commercial

Lot Size

0.078122

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

500482

Features
General
Equipment Included None
Ceiling Height Other
Roof Flat
current use Restaurant
Zoning R6A
Property Type Commercial
Yearly Taxes 28469.00
Transaction Type Sale
Financing 1031 Exchange Cash
Building Type Semi-Detached
Status Active
Construction Materials Brick
Cumulative Days on Market 7
MLS Area Sheepshead Bay
Sub Type Commercial
Year Built 1931
City Brooklyn
DOM 7
Public Remarks 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 Mexica
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Interior
Walls Other
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Exterior
Foundation Poured Concrete
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
E House Realty & Mgt. Inc.

Broker

(718) 680-2776

Phone

Affordability Calculator

$20,105
Per Month
88%
12%
0%
Monthly Principal & Interest
$17,733
Monthly Property Taxes
$2,372
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
4/17/2026$2,880,000 Listed Price

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816 Avenue U, Brooklyn, NY, 11223 is a Commercial Property for sale at $2,880,000 with 3,200 sqft and a lot size of 0.078122. 816 Avenue U was built in 1931. The property's zip code is 11223 which is in Brooklyn, NY