156 Avenue U
Brooklyn, NY 11223
--
Bed
0
Bath
3,465Sqft
0.05Acre(Lot)
Rare HIGH PROFIT Mixed-Use Investment in Prime Gravesend! This well-maintained corner property features 4 retail stores, 2 two-bedroom apartments, and a private garage, at the VERY BUSY Avenue U & W. 7th St. intersection. The property generates $174,120 in annual gross income with a net profit of $138,000, producing an amazing 6% CAP rate at the asking price. The building measures approximately 20' x 105' on a 20' x 115' lot, with approximately 3,465 SF, plus a Full Basement. Excellent corner exposure, HIGH TENANT DEMAND, nearby from the Avenue U N train station and B3 bus, surrounded by established businesses, restaurants, supermarkets and neighborhood amenities. Strong income with additional rental upside makes this an excellent opportunity for investors, or for a store operator looking
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Full, Partially Finished -
Flooring Information
Hardwood, Laminate, Tile -
Roofing Information
Flat -
Interior Features
Roof: Flat -
Heating & Cooling
Has Heating: Yes Heating: Steam, Natural Gas
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Building Information
Year Built: 1931 Building Area Total: 3465 Construction Materials: Brick Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 115 x 20 Lot Size Acres: 0.05 Lot Size Square Feet: 2243
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Listing Price Information
Listing Price: $2288888
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Tax Information
Tax Lot: 10 Tax Block: 7119 Annual Tax: $18989
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Parking Information
Attached, GarageGarage Information
Has Attached Garage: Yes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 735 Avenue W #6J, Brooklyn, NY, 11223 | $254,000 | 1 | 1 | 650 | -- |
| 735 Avenue W #6M, Brooklyn, NY, 11223 | $249,000 | 1 | 1 | 795 | -- |
| 815 Avenue U, Brooklyn, NY, 11223 | $2,100,000 | -- | -- | 3,426 | 0.05 Acre |
| 2035 7th Street #2F, Brooklyn, NY, 11223 | $275,000 | -- | 1 | 600 | -- |
| 2035 7th Street #7F, Brooklyn, NY, 11223 | $249,900 | -- | 1 | 700 | -- |
| 2035 7th Street #3J, Brooklyn, NY, 11223 | $348,000 | 1 | 1 | 900 | -- |
| 1962 Coney Island Avenue, Brooklyn, NY, 11223 | $2,100,000 | -- | -- | 3,300 | 0.05 Acre |
| 2400 3rd Street #619, Brooklyn, NY, 11223 | $275,000 | 1 | 1 | 720 | -- |
| 2400 3rd Street #317, Brooklyn, NY, 11223 | $325,000 | 1 | 1 | 825 | -- |
| 2555 West Street, Brooklyn, NY, 11223 | $3,299,000 | 4 | 3.5 | 2,820 | 0.07 Acre |
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ByOwner last updated this listing 09/12/2026 @ 11:46
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