1118 Avenue U, Brooklyn, NY 11223 – KEY852899 - Arif Baksh

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Arif Baksh

arif@asarealestategroup.com +1(914) 494-1549

$4,000,000

Est. payment - /mo

1,799 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY852899

Originating Board onekey2

Rental Info No

Year Built 1927

Annual Tax Amount $8,498

Lot Size 1,799 Sqft

Acres 0.0413

Property Sub-Type Mixed Use

Property Description

Located in the heart of the busy Avenue U corridor just off Coney Island Avenue, this rare mixed-use opportunity is being sold as a package — 1118–1120 Avenue U — and offers exceptional value in a thriving commercial and residential zone. The offering includes two fully renovated buildings with a combined lot size of 36' x 100' and a building footprint of 36' x 50' per floor. Zoned R5 / C1-3, the property features two stories plus two residential units. The ground floor consists of a spacious, open-layout retail space currently used as a nail salon, featuring high ceilings, granite tile flooring, and four modern bathrooms. A finished basement with high ceilings provides additional functional space for storage, workspace, or private events. The second floor houses an updated two-bedroom apartment with a twin-key setup, offering flexibility for multi-family use or strong rental income. The apartment is in excellent, move-in-ready condition. This high-visibility location is surrounded by major retail and service amenities and is just steps from the Q subway line, offering both convenience and consistent foot traffic — a prime opportunity for investors and end-users alike.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Finished, Full

Interior

Cooling None

Fireplace No

Exterior

Utilities Available See Remarks

Building

Sewer Other

Water Other

Structure Type Brick

Others

Special Listing Condition None

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Listed by RE/MAX Edge

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

arif@asarealestategroup.com

1118 Avenue U Brooklyn, NY 11223