Hot listing Back to market!!! CAP Rate IMPROVED (Annual Net income $123,000)!!! Location Location! Location!! Great opportunity to own on the very heavily foot-trafficked commercial AND residential at Hot area Avenue U. A fully attached restaurant at street level and a set of two rental apartments on the second floor. Storefront floor space is 20 x 94 foot and full basement, Annual NET income $123,000, Also it can be delivered vacant when closing. Upstairs there is one two-bedroom / one-bath rental unit and a separate one-bedroom / one-bath rental. All three have their own separate gas, heat, and boiler. Easy access to transportation by way of the B3 bus or the Q train. A short distance to supermarkets, retailers, restaurants, schools, banks, medical practices, pharmacies and more! Perfect for restauranteurs, investors, or future end-use owners. Motivated seller and a cooperative listing agent ready to schedule a showing today!
Sold for $1,650,000 on 07/30/24
$1,650,000
1907 Avenue U, Brooklyn, NY 11229
--beds
0baths
3,160sqft
Mixed Use
Built in 1925
2,100 Square Feet Lot
$1,624,200 Zestimate®
$522/sqft
$3,960 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 30, 2024 at 09:09am
Listed by:
Xiang (Joe) Long Zhou 212-365-0181,
RE/MAX Elite
Source: BNYMLS,MLS#: 478434

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas, Steam/Radiator
Features
- Flooring: Other
- Basement: Full
Interior area
- Total structure area: 3,160
- Total interior livable area: 3,160 sqft
Property
Parking
- Parking features: Other
Lot
- Size: 2,100 sqft
- Dimensions: 20x105
- Features: Back Yard, Irregular Lot
Details
- Foundation area: 1280
- Parcel number: 073240051
- Zoning: R5
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 1925
Utilities & green energy
- Electric: 110 V, Circuit Breakers
Community & neighborhood
Location
- Region: Brooklyn
- Subdivision: Brooklyn