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Commercial - for Sale

816 AVE U, BROOKLYN, NY 11223

Asking Price$4,000,000

Share by:
  • Living 3403sqft
  • Lot size 3200sqft
  • Days on market:

    161 day(s)
  • Original Price:

    $4,000,000
  • Price per sqft:

    $1175.43
  • Property Type:

    Commercial
  • Loading docks:

    Other
  • Borough:

    Brooklyn
  • Crossing Street:

    East 8 Street
  • Ceiling Height:

    Other
  • Electric Service:

    200 Amp
  • Construction Type:

    Brick
  • Roof:

    Rubber
  • Foundation:

    Block
  • Loading docks:

    Other
  • Basement Amenities:

    FinishedFull

Description

$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.
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