The Bryan Karp Team
MLS#1010624
STATUSActive
PROPERTY TYPECommercial -
SCHOOLBrooklyn 20
Property Description
Prime mixed-use investment opportunity in the heart of Gravesend! 33 Avenue U is a well-maintained 4-family plus 1 commercial property featuring two spacious 3-bedroom apartments, two 2-bedroom apartments, and a commercial space currently leased to a professional spa. The building generates $110,400 in annual rental income; this income-producing asset offers strong cash flow and long-term upside. Situated on a 22' x 100' lot with a 20' x 65' building footprint, the property includes 6 electric meters and 5 gas meters. Located at the busy intersection of Avenue U and 86th Street, the property benefits from excellent visibility, high foot traffic, and convenient access to shopping, dining, and public transportation, including the D and N subway lines and B1, B3, and B4 bus routes. Annual property taxes are only $13,190. An exceptional opportunity for investors seeking stable income in a prime Brooklyn location.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Finished
Cooling: Wall/Window Unit(s)
Heating: Hot Water
Lot Size: 0.05 Acres
Taxes: $13,190
Year Built: 1931
Feature Descriptions
Building Area Total: 2600
Exterior: Block, Brick
Fuel Expense: 4500
Heating Zones: 1
On Market Date: 2026-06-08
Other Expense: 2800
Parcel Number: 07093-0041
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 6
Separate Gas Meters: 5
Sewer: Public Sewer
Units: 4
Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
School District: Brooklyn 20
Listed By / Shown By
Listing By
Agency Name: Robert DeFalco Realty Inc
Agency Contact: 718-987-7900
Shown By
Agent Name: Bryan Karp
Agent Phone: (631) 759-5277
Agency Title: Coldwell Banker American Homes
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33 Avenue U | MLS# 1010624
This commercial property located at 33 Avenue U , Brooklyn, NY 11223 is currently listed for sale with an asking price of $1,599,000. Avenue U is located within the Brooklyn 20 school district. Search Brooklyn real estate on www.soldbybryan.com today.