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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.

Highlights

  • Commercial Sale
  • Multi Family
  • Built in 1931
  • 0.0505 Acre Lot
  • 157 days on Market

  • Year Built
    1931
  • Construction Materials
    Brick, Block
  • Parking Features
    No Garage, None
  • Cooling
    Wall/Window Unit(s)
  • Heating
    Hot Water
  • Basement
    Finished

  • Acres
    0.0505
  • Utilities
    Natural Gas Available, Natural Gas Connected, Electricity Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 33 Avenue U?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 33 Avenue U.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 33 Avenue U?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,599,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Brooklyn, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 33 Avenue U?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 33 Avenue U at around $10,199. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 33 Avenue U?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Kings (Brooklyn) County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 33 Avenue U?

In most cases, yes. Whether 33 Avenue U is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Brooklyn's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 33 Avenue U?

We can handle that for you. Our preferred local agent specializes in commercial sales in Brooklyn and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,599,000 with 2,600 sqft of space—that comes out to approximately $615 per square foot.

How long has this property been on the market?

33 Avenue U was listed on June 08, 2026, which means it's been on the market for 157 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1931, making it approximately 95 years old.

What is the lot size of this property?

33 Avenue U sits on a 0.05-acre lot, which is 2,178 square feet.

What are the property taxes for 33 Avenue U?

The most recent public record shows annual property taxes for 33 Avenue U were approximately $13,190. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 33 Avenue U still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: November 12, 2026 at 07:27AM | Source: OneKey MLS | MLS#: 1010624