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116 Avenue U Brooklyn, NY $ 4,248,888
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$ 4,248,888 Get more info
116 Avenue U
$ 4,248,888
Back to search
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116 Avenue U

Brooklyn, NY, 11223
$ 4,248,888
Baths0.0 Sq 6,000

Monthly Estimate*

$ 28,239

116 Avenue U, Brooklyn, NY 11223 - Image 1
116 Avenue U, Brooklyn, NY 11223 - Image 2
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116 Avenue U, Brooklyn, NY 11223 - Image 7
Studio

Commercial Property for sale in Brooklyn, NY

for $4,248,888. This 6,000 square foot building was built in 1931 on a lot size of 0.137741.

Prime Gravesend Avenue U taxpayer available for sale. 6000 square foot building plus basement, presently occupied with 7 years left on lease presently paying triple net which includes 80% of property taxes. with its R5,C2-3 zoning allows for bigger opportunities in the future. High traffic area near Ntrain and city bus lines,Perfect for investors,developers,1031 exchange. please call Broker for more info and details.

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Commercial Active

Price

$ 4,248,888

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 49,153

Style

Tax Payer

Lot Size

0.137741

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

471327
Features
General
Road Frontage 60
Ceiling Height 16-20 Foot
Roof Asphalt/Tar Flat
current use Other
Zoning R5 C2-3
Property Type Commercial
Block 7118
Yearly Taxes 49153.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash Owner
Building Type Attached
Status Active
Construction Materials Block Brick
Cumulative Days on Market 500
MLS Area Gravesend
Sub Type Tax Payer
Year Built 1931
City Brooklyn
DOM 500
Coming Soon Prime Gravesend Avenue U taxpayer available for sale. 6000 square foot building plus basement presently occupied with 7 years left on lease presently paying triple net which includes 80% of property
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Interior
Walls Block Masonry Sheet Rock
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Exterior
Foundation Poured Concrete
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Bhhs Fillmore R.E.

Broker

(917) 804-5166

Phone

Affordability Calculator

$32,336
Per Month
87%
13%
0%
Monthly Principal & Interest
$28,239
Monthly Property Taxes
$4,096
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/29/2024$4,248,888 -0.93% Price Down
2/27/2024$4,288,888 -2.28% Price Down
10/7/2023$4,388,888 -0.25% Price Down
6/29/2023$4,399,999 -1.98% Price Down
3/18/2023$4,488,888 -0.25% Price Down
1/23/2023$4,500,000 Listed Price

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116 Avenue U, Brooklyn, NY, 11223 is a Commercial Property for sale at $4,248,888 with 6,000 sqft and a lot size of 0.137741. 116 Avenue U is a studio with 0.0 baths and was built in 1931. The property's zip code is 11223 which is in Brooklyn, NY

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