We use technical and analytics cookies to ensure that we give you the best experience to our website
+1 646-431-8072
Back to Search

Multi Family - for Sale

171 AVE U, BROOKLYN, NY 11223

Asking Price$2,650,000

Share by:
  • Days on market:

    337 day(s)
  • Original Price:

    $2,650,000
  • Price per sqft:

    $883.33
  • Property Type:

    Multi Family
  • Total Families:

    2
  • Loading docks:

    None
  • Borough:

    Brooklyn
  • Crossing Street:

    West 6th St
  • Electric Service:

    Circuit Breakers
  • Construction Type:

    Brick
  • Yard:

    Back
  • Roof:

    Other
  • Foundation:

    Other
  • Heat Delivery:

    Steam/Radiator
  • Loading docks:

    None
  • Basement Amenities:

    Full

Description

$2,650,000 • living size area 3000 sqft

Prime investment & owner-user opportunity in the heart of brooklyn’s gravesend. come into a rare opportunity with this pristine mixed-use building, an ideal fit for both owner-users and savvy investors. nestled in the vibrant core of gravesend in brooklyn, this property seamlessly combines residential comfort with prime commercial potential, making it a standout in one of new york’s most dynamic neighborhoods. the upper floors, comprising the 2nd and 3rd levels, house two spacious free-market apartments, each offering three bedrooms and designed to attract premium tenants. with modern finishes and ample natural light, these units offer both style and convenience, enhancing the building’s appeal and rental value. on the ground floor, a fully equipped retail space awaits – the perfect turnkey solution for a food production business or restaurant commissary. boasting an impressive commercial kitchen build-out, this space includes ready hook-ups for high-capacity stoves, grills, walk-in freezers, and chillers, all serviced by a code-compliant exhaust system extending to the roof. this level’s setup is crafted to meet the demands of brooklyn’s bustling food scene, whether for a new venture or an expanding business. with a proforma annual rental income of $109,652 and projected expenses, including real estate taxes, estimated at $19,776, the building promises a strong financial outlook. a projected net operating income of $89,876 underlines this property's remarkable investment potential. this mixed-use gem in gravesend is more than just a property; it’s a pathway to growth, community connection, and entrepreneurial success in the heart of brooklyn.

Similar Properties in this Area

* MLS is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the MLS and is provided here for consumers` personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MLS All rights reserved. Courtesy of One Sotheby's International Realty