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$2,100,000 Just Listed
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Property Description
Prime mixed-use investment opportunity at 815 Avenue U in the heart of the Gravesend/Sheepshead Bay area, situated along a busy commercial corridor. This well-maintained property features a 20' x 60' building on a 20' x 110' lot, with 3 stories plus a basement, consisting of one commercial unit and two residential units. Annual property taxes are approximately $8,743. The first-floor storefront and basement are currently used as a restaurant. The second floor features 4 bedrooms, a living room, an open kitchen and dining area, and 1 full bathroom. The third floor offers 4 bedrooms, a living room, open kitchen and dining area, and 1.5 bathrooms. Equipped with split A/C systems. Each unit has separate heating and hot water systems, and tenants are responsible for their own utilities. The rear yard provides parking for up to 2 cars. The entire building is well-maintained and in excellent condition with no renovation needed. Conveniently located near shopping, restaurants, schools, and public transportation (B3 and B68 buses and the Q, B, and F trains).
Full Property Details
Full Property Details for 815 Avenue U
General
- Price: $2,100,000
- Taxes: $8,743
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1041681
- Updated: 8/21/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Mixed
Interior
- Flooring: Hardwood, Tile
Parking
- Total Spaces: 2
Location
- County: Kings (Brooklyn)
- Cross Streets: EAST 8TH ST
School Information
- High School District: Contact Agent
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 3426
- Square Feet: 3,426
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0492
- Lot Size (Sq. Ft.): 2,145
- Zoning: R6A
Financial Considerations
- Tax Amount: $8,743
Disclosures and Reports
- Special Conditions: None
- Property ID: 07111-0042
- Block: 7111
- Lot Number: 42
Listed by RE/MAX Edge
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Schools
Schools serving 815 Avenue U
School District:New York City Geographic School District 21
| Name | Grades | Distance |
|---|---|---|
Ps 153 Homecrest 1970 Homecrest Avenue, Brooklyn, NY 11229 | PK-5 | 0.2 mi |
Jhs 234 Arthur W Cunningham 1875 East 17th Street, Brooklyn, NY 11229 | 6-8 | 0.6 mi |
Abraham Lincoln High School 2800 Ocean Parkway, Brooklyn, NY 11235 | 9-12 | 1.1 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 815 Avenue U
Date
Details
Price
Change
Source
8/21/2026
Listed
$2,100,000
—
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 815 Avenue U
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,099
—
$167,040
300%
2025
$8,099
6%
$41,743
-60%
2024
$7,628
6%
$105,540
13%
2023
$7,181
—
$93,300
27%
2022
$7,161
-52%
$73,260
10%
2021
$14,856
110%
$66,720
-3%
2020
$7,067
6%
$68,820
—
2019
$6,650
12%
$68,820
122%
2017
$5,938
—
$30,960
1%
2017
$5,938
2%
$30,600
—
2016
$5,807
8%
$30,600
6%
2015
$5,359
318%
$28,988
6%
2014
$1,282
-71%
$27,348
6%
2013
$4,349
—
$25,800
—
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 815 Avenue U
815 Avenue U, Brooklyn, NY 11223 (MLS# 1041681) is a Commercial property. 815 Avenue U is currently listed for $2,100,000 and was received on August 21, 2026. Want to learn more about 815 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.

