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$1,599,000
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Property Description
Prime mixed-use investment opportunity in the heart of Gravesend! 33 Avenue U is a well-maintained 4-family plus 1 commercial property featuring two spacious 3-bedroom apartments, two 2-bedroom apartments, and a commercial space currently leased to a professional spa. The building generates $110,400 in annual rental income; this income-producing asset offers strong cash flow and long-term upside. Situated on a 22' x 100' lot with a 20' x 65' building footprint, the property includes 6 electric meters and 5 gas meters. Located at the busy intersection of Avenue U and 86th Street, the property benefits from excellent visibility, high foot traffic, and convenient access to shopping, dining, and public transportation, including the D and N subway lines and B1, B3, and B4 bus routes. Annual property taxes are only $13,190. An exceptional opportunity for investors seeking stable income in a prime Brooklyn location.
Full Property Details
Full Property Details for 33 Avenue U
General
- Price: $1,599,000
- Taxes: $13,190
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1010624
- Updated: 6/8/2026
- Added to Site: 32 day(s) ago
Parking
- Parking Features: None
Location
- County: Kings (Brooklyn)
- Cross Streets: 86th ST
School Information
- High School District: Brooklyn 20
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Hot Water
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Detached/Attached: Attached
- Construction: Block, Brick
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 2600
- Square Feet: 2,600
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0505
- Lot Size (Sq. Ft.): 2,200
- Zoning: R5B
Financial Considerations
- Tax Amount: $13,190
Disclosures and Reports
- Special Conditions: None
- Property ID: 07093-0041
- Block: 7093
- Lot Number: 41
Listed by Robert DeFalco Realty Inc
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Schools
Schools serving 33 Avenue U
School District:New York City Geographic School District 21
| Name | Grades | Distance |
|---|---|---|
Ps 95 The Gravesend 345 Van Sicklen Street, Brooklyn, NY 11223 | K-8 | 0.5 mi |
Is 228 David A Boody 228 Avenue S, Brooklyn, NY 11223 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 33 Avenue U
Date
Details
Price
Change
Source
6/08/2026
Listed
$1,599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 33 Avenue U
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,255
3%
$354,600
20%
2024
$12,841
—
$295,650
20%
2024
$12,841
8%
$246,240
20%
2023
$11,892
10%
$205,200
-20%
2022
$10,807
8%
$255,600
14%
2021
$10,006
-2%
$224,325
24%
2020
$10,174
3%
$181,440
—
2019
$9,855
14%
$181,440
148%
2017
$8,619
—
$73,171
8%
2017
$8,619
7%
$67,765
8%
2016
$8,089
—
$62,747
—
2015
$8,084
9%
$62,747
3%
2014
$7,399
6%
$60,778
8%
2013
$7,002
—
$56,286
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 33 Avenue U
33 Avenue U, Brooklyn, NY 11223 (MLS# 1010624) is a Commercial property. 33 Avenue U is currently listed for $1,599,000 and was received on June 08, 2026. Want to learn more about 33 Avenue U? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

