Listing Courtesy of EXP Realty


$2,650,000
134 Avenue U
Brooklyn, NY 11223
MLS# 2402125
9 beds  |  5 baths  |  4980 sqft


134 Avenue U, Brooklyn, NY 11223
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134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223 134 Avenue U, Brooklyn, NY 11223

Property Description
Unlock the potential of this outstanding mixed-use property in the vibrant neighborhood of Gravesend! Situated in a prime location, this three-story building offers a unique investment opportunity combining residential and commercial spaces. Built in 1931, this charming property features a total of six units, comprising five residential apartments and one retail store. With a total of 3,320 sqft dedicated to residential living and an additional 1,660 sqft allocated for the retail space, this property offers a versatile layout to cater to various business ventures and living arrangements. Whether you're an investor looking to diversify your portfolio or an entrepreneur seeking to establish a thriving business in a bustling community, this property presents an ideal canvas to realize your goals. The residential units provide comfortable living spaces for tenants, while the retail store offers a prime storefront location to attract customers and clients. With its historical charm and strategic location, this mixed-use property is a solid investment opportunity with the potential for lucrative returns. Don't miss out on the chance to own a piece of Gravesend's dynamic landscape. Contact us today to learn more and seize this incredible investment opportunity!

Details
Maps
Address/Legal
Street No.: 134
Street Name: Avenue U
County: Kings
State: NY
Zip Code: 11223
Area Name: Gravesend
Section: N/A
Parcel ID: 07119-0001
Country: United States
Contract/Location Information
Status: Active
Listing Date: 2024-04-11
List Price: $2,650,000
Current Price: $2,650,000
List Price/SqFt: 532.13
Sub-Type: 5F
Zoning: R5/C1-2
Block: 07119
Lot: 0001
CofO: No
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 3
Bedrooms: 9
Full Baths: 5
Total Baths: 5
Year Built: 1931
Year Built Info: Approx
Taxes: 25620
Tax Abated: No
Lot Size SqFt: 2000
Lot Dim: 20x100
Irregular: No
Building SqFt: 4980
Condition: Fair
Number of Units: 5
Garage Capacity: 2
Basement Type: Full
No. of Heating Units: 5
Air Conditioner: Units
Public Remarks: Unlock the potential of this outstanding mixed-use property in the vibrant neighborhood of Gravesend! Situated in a prime location, this three-story building offers a unique investment opportunity combining residential and commercial spaces. Built in 1931, this charming property features a total of six units, comprising five residential apartments and one retail store. With a total of 3,320 sqft dedicated to residential living and an additional 1,660 sqft allocated for the retail space, this property offers a versatile layout to cater to various business ventures and living arrangements. Whether you're an investor looking to diversify your portfolio or an entrepreneur seeking to establish a thriving business in a bustling community, this property presents an ideal canvas to realize your goals. The residential units provide comfortable living spaces for tenants, while the retail store offers a prime storefront location to attract customers and clients. With its historical charm and strategic location, this mixed-use property is a solid investment opportunity with the potential for lucrative returns. Don't miss out on the chance to own a piece of Gravesend's dynamic landscape. Contact us today to learn more and seize this incredible investment opportunity!
Unit 1
Level: 1
# Rooms: 3
# Bedrooms: 1
# Baths: 1
Rent/Month: 1500
Unit 2
Level: 2
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Rent/Month: 1800
Unit 3
Level: 2
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Rent/Month: 1800
Unit 4
Level: 3
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Rent/Month: 1700
Unit 5
Level: 3
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Rent/Month: 1700
Income & Expenses
Gross Income: 149700
Total Expense: 35513
Net Income: 114187
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 110
Parking: Off Street
Siding: Brick
Heat Source: Gas
Heat System: Hot Water


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