$4,000,000 • living size area 3403 sqft
A fully renovated commercial gem in the heart of avenue u’s thriving business district, this former spanish restaurant offers an exceptional opportunity for investors, developers, or owner-users seeking a turnkey property with outstanding potential. situated on a 41 ft x 83 ft lot with r6a zoning and a c1-4 commercial overlay, the site allows for flexible usage and excellent future development possibilities, with a max residential far of 3.0. the main level boasts soaring ceilings and a wide-open layout, ideal for a variety of commercial purposes including retail, office, medical, or event space. the fully finished basement, featuring 10-ft ceilings, was previously used as a private event area, further enhancing the building’s versatility. completely gut renovated from top to bottom, the property includes a commercial kitchen setup, brand-new central a/c, updated electric and plumbing systems, and beautiful new flooring throughout. move-in ready and offering incredible visibility, this location benefits from high foot traffic and is surrounded by a dense residential population. minutes to ocean parkway and the q train, and in close proximity to mcdonald’s, major banks, and numerous local businesses, this is a rare avenue u opportunity that combines prime location, immaculate condition, and significant upside potential.Commercial - for Sale
816 AVE U, BROOKLYN, NY 11223Asking Price$4,000,000
- Living 3403sqft
- Lot size 3200sqft
-
Days on market:
161 day(s) Original Price:
$4,000,000-
Price per sqft:
$1175.43 -
MLS:
492143 -
Property Type:
Commercial Loading docks:
Other
Borough:
BrooklynCrossing Street:
East 8 Street
Ceiling Height:
OtherElectric Service:
200 AmpConstruction Type:
BrickRoof:
RubberFoundation:
BlockLoading docks:
OtherBasement Amenities:
FinishedFull