Check Availability
$4,248,888
↓ $40K (0.9%)
Commercial - For Sale

116 Avenue U

Brooklyn, NY 11223
bedrooms
Studio
bathrooms
0 Bath
square feet
6000 Sqft
$24,959
Estimated Monthly
$0
HOA / Fees
-0.53%
Cap Rate

About This Property

Prime Gravesend Avenue U taxpayer available for sale. 6000 square foot building plus basement, presently occupied with 7 years left on lease presently paying triple net which includes 80% of property taxes. with its R5,C2-3 zoning allows for bigger opportunities in the future. High traffic area near Ntrain and city bus lines,Perfect for investors,developers,1031 exchange. please call Broker for more info and details.

The manager has listed the unit size as 6000 square feet.
Unit Size
6,000Ft²
Days on Market
464 days
Land Size
0.14 acres
Price per sqft
$708
Property Type
Commercial
Property Taxes
$4,096
HOA Dues
-
Year Built
1931
Listed By
Joseph DeVito
Joseph DeVito
Douglas Elliman Real Estate
Last updated: 2 months ago (BMLSNY #471327)

Price History

Date / Event Date Event Price
Mar 31, 2024 Price Decreased $4,248,888
↓ $40K (0.9%)
Price Decreased
Feb 28, 2024 Price Decreased $4,288,888
↓ $100K (2.3%)
Price Decreased
Oct 8, 2023 Price Decreased $4,388,888
↓ $11K (0.3%)
Price Decreased
Jun 30, 2023 Price Decreased $4,399,999
↓ $89K (2%)
Price Decreased
Mar 19, 2023 Price Decreased $4,488,888
↓ $11K (0.3%)
Price Decreased
Show More

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
8,000 ft²
$486/ft²
$3,890,000 Jun 9, 2023
-
$1,525/mo
Other
Loft
-
82 ft²
$43,902/ft²
$3,600,000 May 22, 2023
-
$3,779/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

116 Avenue U 116 Avenue U, Brooklyn, NY 11223
  • 1 Units
  • 1 Unit for Sale
More about this Building
116 Avenue U
Want to find out who owns 116 Avenue U, Brooklyn, NY 11223? Get detailed property transactions here .

About Southern Brooklyn


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