Bath Beach Real Estate

816 Avenue U, Sheepshead Bay, NY 11223

[Sheepshead Bay Real Estate, listing number 3337029]



Description: 3337029
   Rare Pure Commercial Building (no residential tenant management) for Sale located in the highly desirable Avenue U commercial corridor. The property is currently occupied by a well-established Mexican restaurant, generating $9,000/month in rent, with the tenant responsible for 50% of the property taxes, ensuring stable and reliable income. The ground floor features high ceilings and a wide-open layout, ideal for a variety of commercial uses. The finished basement is currently utilized as a party/event space, adding additional functional value. Strategically located just a few minutes from the bustling Avenue U business district, surrounded by supermarkets, restaurants, banks, bakeries, and strong foot traffic. Donâ??t miss this rare opportunity to own a solid commercial asset in one of Brooklynâ??s most active retail corridors.

Details:
   Property Type: Commercial
   Built: 1931

Financials:
   Price: $2,880,000

 

E House Realty & Mgt. Inc.
David Feng
Office: (718)680-2776

email: fengdavid@yahoo.com
provided by Brooklyn Bd of Realtors