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246 Avenue U

6,560 SF 100% Leased Retail Building Brooklyn, NY 11223 $3,768,644 CAD ($574 CAD/SF)

Executive Summary

Introducing a fantastic investment opportunity with this corner mixed-use property, ideally located on the bustling Avenue U and just minutes away from a local school. This versatile property features 4 residential units and 2 commercial spaces, providing an excellent blend of living and business opportunities in a prime location. The strategic positioning offers significant visibility and foot traffic, making it an ideal spot for commercial ventures to thrive. With a school nearby, the area is perfect for attracting families looking for convenient living options, which adds to the property's appeal. The residential units provide comfortable living spaces, fostering a vibrant community atmosphere that complements the active business environment. Designed for easy management, this property allows you to maximize your investment without the hassle. Whether you’re an experienced investor or a newcomer to the real estate market, this mixed-use property is a unique chance to capitalize on a growing area. Don’t miss out on this rare opportunity to own a well-located corner property that combines convenience, community, and commercial success! Contact us today for more details!

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,560 SF
Building Class
B
Year Built
1934
Price
$3,768,644 CAD
Price Per SF
$574 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.60
Lot Size
0.09 AC
Zoning
R5 - R5 Zoning in NYC is a low density contextual residential zoning district
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Rider's Paradise (96)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Key Food
Flagstar Bank
Chase Bank
TD Bank
Capital One
Foodtown
CrossFit
Ww (weight Watchers)
Starbucks
Orangetheory Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07122-0016
Land Assessment
$19,854 CAD (2024)
Improvements Assessment
$774,314 CAD (2024)
Total Assessment
$794,168 CAD (2024)
  • Listing ID: 34226358

  • Date on Market: 2024-12-17

  • Last Updated:

  • Address: 246 Avenue U, Brooklyn, NY 11223

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