33 Avenue U Brooklyn, NY $ 1,599,000
33 Avenue U
$ 1,599,000
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33 Avenue U

Brooklyn, NY, 11223
$ 1,599,000
Bedrooms-- Baths-- Sq 2,600

Monthly Estimate*

$ 9,845

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Commercial Property for sale in Brooklyn, NY

for $1,599,000. This 2,600 square foot building was built in 1931 on a lot size of 0.0505.

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.

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Commercial Active

Price

$ 1,599,000

Property Type

Commercial

Taxes

$ 13,190

Style

Multi Family

Lot Size

0.0505

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

1010624

Features
General
Sewer Public Sewer
Heating Hot Water
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected
Zoning R5B
Construction Materials Block Brick
Year Built 1931
Property Subtype Multi Family
Tax Year 2025
Parcel Number 07093-0041
County Kings (Brooklyn)
Operating Expense 25300
Insurance Expense 11000
Property Type Commercial Sale
City New York
High School District Brooklyn 20
Number Of Units Total 4
Property Attached Y/N Y
Tax Annual Amount 13190
Fuel Expense 4500
Water Sewer Expense 7000
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 20
Elementary School District Brooklyn 20
Tax Assessed Value 295650
Tax Lot 41
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Interior
Basement Finished
Basement Features Finished
Basement (Y/N) Y
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Exterior
Parking Features None None
Water Source Public
Building Area Total 2600
Waterfront Y/N N
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Internal Only
Street Number 1 33
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* Excluded Features
List By
Jay Zhang

Listing Agent

Robert Defalco Realty Inc

Broker

718-987-7900

Contact

Affordability Calculator

$10,944
Per Month
90%
10%
0%
Monthly Principal & Interest
$9,845
Monthly Property Taxes
$1,099
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
4100205 Elementary School
4099865 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2026$1,599,000 Listed Price

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33 Avenue U, Brooklyn, NY, 11223 is a Commercial Property for sale at $1,599,000 with 2,600 sqft and a lot size of 0.0505. 33 Avenue U was built in 1931. The property's zip code is 11223 which is in Brooklyn, NY