New Listing - 04/24/2025
816 Avenue U, New York, (Brooklyn), NY, 11223
1931
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. Steps 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.
Status:
Active
Town:
New York
Type:
Commercial
Cooling:
None
Basement:
Finished, Full
Acreage:
0.07
Est. Taxes:
$26,883
Assessment
$253,800
Construction
Brick
Utilities
See Remarks
Days on Market:
2
MLS #:
853282
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of RE/MAX Edge 718-288-3835