Dennis Barr - John J Lease Realtors Logo
$1,599,000
( $615.00Per Sq Foot )
 $8,584 est/mo Sourced by Back At You

33 Avenue U,Brooklyn, NY 11223

Brooklyn, NY 11223

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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.

Details

MLS #1010624
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1931
Days On Site91
Listing Provided ByRobert DeFalco Realty Inc | Jay Zhang

Features

SQ Feet2,600
BasementY
Units4
ZoningR5B
Acreage0.05

Interior

CoolingWall/Window Unit(s)
HeatingHot Water

Exterior

Construction MaterialsBlock, Brick

Parking

Parking FeaturesNone

Utilities

UtilitiesElectricity Connected, Natural Gas Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value295650
Tax Annual Amount13190
Tax Lot41

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11223
Listing VS Median (in 11223)
Price:
$1,599,000
low | high
Med:
$1,624,500
48.405253283302% of Average
sqft:
2,600
low | high
Med:
2,956
36.326923076923% of Average
$ / sqft:
$615
low | high
Med:
$557
59.484644680334% of Average
On site:
91
low | high
Med:
107.5
84.651162790698% of Average
Sourced by Back At You

Market Activity 11223

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Learn More About This Property

Dennis Barr

Dennis Barr

John J Lease REALTORS

 (845) 527-5125dennybarr@johnjleaserealtors.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11223
Listing VS Median (in 11223)
Price:
$1,599,000
low | high
Med:
$1,624,500
48.405253283302% of Average
sqft:
2,600
low | high
Med:
2,956
36.326923076923% of Average
$ / sqft:
$615
low | high
Med:
$557
59.484644680334% of Average
On site:
91
low | high
Med:
107.5
84.651162790698% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.199M - $1.998M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
56 Bay 40th Street Property Photo 1
$1,768,000
56 Bay 40th Street
Brooklyn, NY 11214
76 Lake Place Property Photo 1
$975,000
76 Lake Place
Brooklyn, NY 11223
Listing Updated: July 9, 2026 at 3:25:30 PM PDT

Dennis Barr - John J Lease Realtors