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Map
$1,999,000
●
House -
For Sale
1823 Avenue U
Sheepshead Bay, NY 11229
Studio
0 Bath
$9,816
Estimated Monthly
$0
HOA / Fees
About This Property
Discover the perfect investment opportunity in this exceptional
mixed-use property located in the thriving Avenue U business
district of Sheepshead Bay. This property features an attractive
combination of 3 commercial stores and 2 residential units. The
residential units both consist of 1-bedroom, 1-bathroom apartments,
offering comfortable living spaces for potential tenants. The
commercial storefronts are currently rented out, ensuring a steady
income stream from established businesses. The property's basement
serves as a functional warehouse, providing ample storage space.
This property presents an excellent opportunity to tap into the
business scene of Avenue U. Its location is a strong demand for
both residential and commercial owners. Access to various stores
and public transport nearby. Don't miss out on the chance to own
this exceptional mixed-use property in Sheepshead Bay, where
business potential and residential convenience come together.
Unit Size
-
Days on Market
163 days
Land Size
0.03 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
Listed By
Last updated: 5 months ago (OneKey MLS #ONE3516867)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 16, 2023 | Listed by RE/MAX Edge | $1,999,000 | |
Listed by RE/MAX Edge | |||
Sep 22, 2023 | Price Decreased |
$1,999,000
↓ $81K
(3.9%)
|
|
Price Decreased | |||
Aug 4, 2023 | Listed by Womcore LLC dba Remax Edge | $2,080,000 | |
Listed by Womcore LLC dba Remax Edge | |||
|
|||
Discover the perfect investment opportunity in this exceptional
mixed-use property located in the thriving Avenue U business
district of Sheepshead Bay. This property features an attractive
combination of 3 commercial stores and 2 residential units. The
residential units both consist of 1-bedroom, 1-bathroom apartments,
offering comfortable living spaces for potential tenants. The
commercial storefronts are currently rented out, ensuring a steady
income stream from established businesses…
|
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Feb 6, 2022 | No longer available | - | |
No longer available | |||
Feb 5, 2022 | Listed by DiTommaso Real Estate | $2,500,000 | |
Listed by DiTommaso Real Estate | |||
|
|||
Rare opportunity to own an investment property in the heart of
Sheepshead Bay. Entire corner building for sale! Mixed
Use/Commercial with 9% cap rate. Fully renovated and occupied
building (total of 5 units). 3 commercial stores on 1st floor and
two-1 bedroom apartments on 2nd floor. Low taxes, huge
semi-finished basement. Must see to understand the value of this
property! Call for more details
The manager has listed the unit size as 2400 square feet.
|
Show More
Property Highlights
Exterior Details
Property Information
Property Type: Business Opportunity
Property Sub Type: Mixed Use
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.03
Lot Size Square Feet: 1200
Lot Size Dimensions: 20x60
Location Details
Directions: Use GPS
County or Parish: Brooklyn
Other Details
On Market Date: 2023-11-16
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$1,850,000
Jul 20, 2020
$1,850,000
Dec 7, 2020
-
Sold
Multifamily
6
Beds
6
Baths
-
$1,700,000
Jan 24, 2023
$1,700,000
Jun 14, 2023
$1,960/mo
House
5
Beds
5
Baths
3,272 ft²
$610/ft²
$1,997,500
Jan 19, 2023
$1,997,500
Mar 30, 2023
-
Multifamily
5
Beds
3
Baths
-
$1,650,000
Jan 29, 2020
$1,650,000
Jul 15, 2020
$708/mo
Condo
2
Beds
2
Baths
1,374 ft²
$1,452/ft²
$1,995,000
Mar 10, 2020
$1,995,000
Apr 24, 2021
$1,509/mo
Sold
Multifamily
11
Beds
7
Baths
-
$1,900,000
Sep 12, 2022
$1,900,000
May 1, 2023
$1,268/mo
Active
Townhouse
Stu
5
Baths
2,336 ft²
$843/ft²
$1,968,888
Sep 12, 2023
-
$681/mo
Active
Townhouse
Stu
4
Baths
3,850 ft²
$494/ft²
$1,900,000
Oct 26, 2023
-
$1,089/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/05/2022
|
|
Loft
|
-
|
2400 ft²
|
$2,500,000
Loft
-
2400 ft²
|
-
-
|
-
|
Dmitriy Abramov
DiTommaso Real Estate
|
02/09/2021
|
|
Loft
|
-
|
2400 ft²
|
$1,495,000
Loft
-
2400 ft²
|
$1,365,000
-8.70%
07/30/2021
|
Georgia A. Tsismenakis
|