Water Front Luxury Realty

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$4,000,000
2 Days On Site

816 Avenue U
Brooklyn, NY 11223

For Sale|Business|Active
0
Beds
0
Full Baths
0
Partial Baths
3,403
SqFt
$1,175
/SqFt
1931
Built
County:
Kings (Brooklyn)
Listing courtesy of RE/MAX Edge michellezhang@remaxedgeny.com

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987-456-3210
816 Avenue U816 Avenue U816 Avenue U
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Monthly Payment (Est.)

$18,250
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A fully renovated commercial gem in the heart of Avenue U’s thriving business district, this former Spanish restaurant offers an exceptional opportunity for investors, developers, or owner-users seeking a turnkey property with outstanding potential. Situated on a 41 ft x 83 ft lot with R6A zoning and a C1-4 commercial overlay, the site allows for flexible usage and excellent future development possibilities, with a max residential FAR of 3.0. The main level boasts soaring ceilings and a wide-open layout, ideal for a variety of commercial purposes including retail, office, medical, or event space. The fully finished basement, featuring 10-ft ceilings, was previously used as a private event area, further enhancing the building’s versatility. Completely gut renovated from top to bottom, the property includes a commercial kitchen setup, brand-new central A/C, updated electric and plumbing systems, and beautiful new flooring throughout. Move-in ready and offering incredible visibility, this location benefits from high foot traffic and is surrounded by a dense residential population. Steps to Ocean Parkway and the Q Train, and in close proximity to McDonald’s, major banks, and numerous local businesses, this is a rare Avenue U opportunity that combines prime location, immaculate condition, and significant upside potential.

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Listing Snapshot
Price 
$4,000,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,403 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0735 Acres
Year Built 
1931
MLS® Number 
853282
Status 
Active
Property Tax 
$26,882.52
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayStatus changed to Active
yesterdayPrice changed to $4,000,000
yesterdayListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.0735
Property Sub Type 
Business
Sewer 
Other
SqFt Total 
3403
Utilities 
See Remarks
Water Source 
Other
Interior Features
Basement 
FinishedFull
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Exterior Features
Construction Details 
Brick
Listing courtesy of RE/MAX Edge michellezhang@remaxedgeny.com


Based on information submitted to the MLS GRID as of 2025-04-26 11:49 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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