# 156 Avenue U, Brooklyn, NY 11223 > **TL;DR:** single family, $2,288,888 ($661/sqft), built 1931, 3,465 sqft. > Hardwood. Est. $12,242/mo. Listed 6 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,288,888 | | Price/sqft | $661 | | Square Feet | 3,465 | | Year Built | 1931 | | Lot Size | 2,243 sqft (0.05 acres) | | Stories | 2 | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 6 | ## Why This Home Stands Out - **Hardwood Floors** - Hardwood flooring listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $11,574 | | Estimated Insurance | $668 | | **Total** | **$12,242** | ## Key Amenities - Hardwood ## Property Highlights - Built in 1931 - 0.05 acre lot - 2 stories ## Description ### Agent Description Rare HIGH PROFIT Mixed-Use Investment in Prime Gravesend! This well-maintained corner property features 4 retail stores, 2 two-bedroom apartments, and a private garage, at the VERY BUSY Avenue U & W. 7th St. intersection. The property generates $174,120 in annual gross income with a net profit of $138,000, producing an amazing 6% CAP rate at the asking price. The building measures approximately 20' x 105' on a 20' x 115' lot, with approximately 3,465 SF, plus a Full Basement. Excellent corner exposure, HIGH TENANT DEMAND, nearby from the Avenue U N train station and B3 bus, surrounded by established businesses, restaurants, supermarkets and neighborhood amenities. Strong income with additional rental upside makes this an excellent opportunity for investors, or for a store operator looking for a great location. ## Location - **Address:** 156 Avenue U, Brooklyn, NY 11223 - **County:** Kings (Brooklyn) - **Coordinates:** 40.596396, -73.978504 - **Google Maps:** https://www.google.com/maps?q=40.596396,-73.978504 ## Listing Agent - **Name:** Shaojie (Jayden) Liang - **Brokerage:** ProBase Real Estate - **Phone:** 7182102727 - **Broker Phone:** (646) 407-6668 ## Photos ![156 Avenue U - Photo 1](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f2624789617r.jpg) ![156 Avenue U - Photo 2](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f2624789617r.jpg) ![156 Avenue U - Photo 3](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f368965539r.jpg) ![156 Avenue U - Photo 4](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f4203785721r.jpg) ![156 Avenue U - Photo 5](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f142374537r.jpg) ![156 Avenue U - Photo 6](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f915738002r.jpg) ![156 Avenue U - Photo 7](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f371807512r.jpg) ![156 Avenue U - Photo 8](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f1323034073r.jpg) ![156 Avenue U - Photo 9](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f2711230639r.jpg) ![156 Avenue U - Photo 10](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f2244514404r.jpg) ![156 Avenue U - Photo 11](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f3284606050r.jpg) ![156 Avenue U - Photo 12](http://lh.rdcpix.com/fc6aa5e6189ebda2f8cfce73325d25a0l-f3010525957r.jpg) --- **MLS#:** 504466 | **Updated:** 2026-09-16 **Source:** listhub *Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/156-avenue-u-brooklyn-ny-11223-y504466) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/156-avenue-u-brooklyn-ny-11223-y504466#listing", "url": "https://www.propertysimple.ai/listing/156-avenue-u-brooklyn-ny-11223-y504466", "name": "156 Avenue U, Brooklyn, NY 11223", "description": "Rare HIGH PROFIT Mixed-Use Investment in Prime Gravesend! This well-maintained corner property features 4 retail stores, 2 two-bedroom apartments, and a private garage, at the VERY BUSY Avenue U & W. 7th St. intersection. The property generates $174,120 in annual gross income with a net profit of $138,000, producing an amazing 6% CAP rate at the asking price. 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