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About This Home

This 0-bedroom, 0-bathroom commercial at 222 Avenue U in Brooklyn, NY is listed for $3,999,000 ($1,000 per sqft). Built in 1940, the home offers 4,000 sqft of living space on a 0.09 acres lot.

Agent Description

Proudly presenting this renovated commercial building in Gravesend Brooklyn, a true gem in Gravesend, Brooklyn. With over $1.6 million invested solely in its renovation, the owner's dedication to excellence is evident in every detail. Located on Avenue U, a highly trafficked area, this property is poised for success.

Spanning an impressive 8,000 square feet in total: 4,000 square feet above ground, 4,000 square ft below. This building offers ample space for your business ventures. What sets it apart is the additional finished basement, which can be used as a party room.

Currently operating as a restaurant, this versatile space presents endless possibilities. The property comes with a triple net lease, ensuring a stable and predictable income stream. With an estimated monthly rent of $12,500, this opportunity beckons investors seeking a modern commercial building. Don't miss your chance to own this modern commercial building that epitomizes quality and potential. Seize this incredible and watch your business flourish. Act now to secure your future in this thriving location!

Key Features

  • Built in 1940
  • 0.09 acre lot

Property Details

1 story
1940

Monthly Cost Estimate

$21,387/mo

20% down · 6.5% · 30 years

Principal$2,892
Interest$17,329
Insurance$1,166

Estimates only. Actual payments may vary.

Location

222 Avenue U

Brooklyn, NY 11223

Property Details

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 222 Avenue U is listed at $3,999,000 ($1,000/sqft). The estimated monthly payment is $17,329 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.09 acre lot.

This property is listed by Meijuan (Minnie) Lin and can be reached at (718) 382-0001 or minnielin8@gmail.com.

ML

Meijuan (Minnie) Lin

Agent at Momentum Real Estate LLC

(718) 382-0001

Listed by Momentum Real Estate LLC

MLS# 498543· Source: listhub· Updated 131 days ago

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222 Avenue U, Brooklyn, NY 11223

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