$1,599,000

33 Avenue U, Brooklyn, NY 11223

  • 2,600 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon2,200sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $615/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

Prime mixed-use investment opportunity in the heart of Gravesend! 33 Avenue U is a well-maintained 4-family plus 1 commercial property featuring two spacious 3-bedroom apartments, two 2-bedroom apartments, and a commercial space currently leased to a professional spa. The building generates $110,400 in annual rental income; this income-producing asset offers strong cash flow and long-term upside. Situated on a 22' x 100' lot with a 20' x 65' building footprint, the property includes 6 electric meters and 5 gas meters. Located at the busy intersection of Avenue U and 86th Street, the property benefits from excellent visibility, high foot traffic, and convenient access to shopping, dining, and public transportation, including the D and N subway lines and B1, B3, and B4 bus routes. Annual property taxes are only $13,190. An exceptional opportunity for investors seeking stable income in a prime Brooklyn location.

Listing Status:
Active
Data Last Updated:
June 25, 2026 at 7:21PM
Listing Office:
Robert DeFalco Realty Inc : 718-987-7900
MLS ID:
1010624
  • Basement: Finished
  • A/C: Wall/Window Unit(s)
  • Heating: Hot Water
  • Parking: None
  • Originating MLS: onekey2
  • School District: Brooklyn 20
  • County: Kings (Brooklyn)
  • Zoning: R5B07093-0041
  • Utilities: Electricity ConnectedNatural Gas Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Robert DeFalco Realty Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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