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1118 Avenue U

Brooklyn, NY 11223
  • $4,000,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 852899
UPDATED: 69 min ago
$4,000,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1927
County:
Area:

School Ratings & Info

Description

Located in the heart of the busy Avenue U corridor just off Coney Island Avenue, this rare mixed-use opportunity is being sold as a package 11181120 Avenue U and offers exceptional value in a thriving commercial and residential zone. The offering includes two fully renovated buildings with a combined lot size of 36' x 100' and a building footprint of 36' x 50' per floor. Zoned R5 / C1-3, the property features two stories plus two residential units. The ground floor consists of a spacious, open-layout retail space currently used as a nail salon, featuring high ceilings, granite tile flooring, and four modern bathrooms. A finished basement with high ceilings provides additional functional space for storage, workspace, or private events. The second floor houses an updated two-bedroom apartment with a twin-key setup, offering flexibility for multi-family use or strong rental income. The apartment is in excellent, move-in-ready condition. This high-visibility location is surrounded by major retail and service amenities and is just steps from the Q subway line, offering both convenience and consistent foot traffic a prime opportunity for investors and end-users alike.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2025-05-25T00:18:29.653.
www.sheilestate.com/homes/162922299
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1118 Avenue U Brooklyn, NY 11223

  • Price: $4,000,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 69 min ago
  • MLS #: 852899
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1927
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
Property Description
Located in the heart of the busy Avenue U corridor just off Coney Island Avenue, this rare mixed-use opportunity is being sold as a package 11181120 Avenue U and offers exceptional value in a thriving commercial and residential zone. The offering includes two fully renovated buildings with a combined lot size of 36' x 100' and a building footprint of 36' x 50' per floor. Zoned R5 / C1-3, the property features two stories plus two residential units. The ground floor consists of a spacious, open-layout retail space currently used as a nail salon, featuring high ceilings, granite tile flooring, and four modern bathrooms. A finished basement with high ceilings provides additional functional space for storage, workspace, or private events. The second floor houses an updated two-bedroom apartment with a twin-key setup, offering flexibility for multi-family use or strong rental income. The apartment is in excellent, move-in-ready condition. This high-visibility location is surrounded by major retail and service amenities and is just steps from the Q subway line, offering both convenience and consistent foot traffic a prime opportunity for investors and end-users alike.
Exterior Features

Construction Materials Brick Property Attached YN Yes Waterfront YN No

Interior Features

Basement Details FinishedFull Basement YN Yes Cooling None

Property Features

Building Area Total 2700 Business Type Mixed Gross Income 150000 Lot Size Area 1800 Property Sub Type Mixed Use Sewer Other Special Listing Conditions None Tax Annual Amount 8498.16 Utilities See Remarks Water Source Other

Listing courtesy of Michelle J. Zhang of RE/MAX Edge: 718-288-3835
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2025-05-25T00:18:29.653.
 
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Sheil Estate | Coldwell Banker Realty
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