1118 Avenue U, Brooklyn, New York

$4,000,000

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2,700

Square feet

About 1118 Avenue U

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 — this property and this 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.

Features of 1118 Avenue U

MLS® # 491091
Price $4,000,000
Bathrooms 0.00
Square Footage 2,700
Type Mixed Use / Store & Family
Sub-Type Mixed Use
Status Active

Community Information

Address 1118 Avenue U
Area Homecrest
City Brooklyn
County Kings (Brooklyn)
State New York
Zip Code 11223

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Hardwood, Marble
Interior Features Other
Heating Steam/Radiator
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick
Exterior Features Other
Roof Rubber
Construction Brick
Foundation Block

Additional Information

Date Listed April 24th, 2025
Days on Market 112

Listing Map

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