About 33 Avenue U
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.
Features of 33 Avenue U
| MLS® # | 502093 |
|---|---|
| Price | $1,599,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,600 |
| Year Built | 1931 |
| Type | Mixed Use / Store & Family |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 33 Avenue U |
|---|---|
| Area | Gravesend |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11223 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Hardwood, Laminate, Tile |
|---|---|
| Interior Features | None |
| Heating | Steam/Radiator |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Exterior | Brick, Stucco |
|---|---|
| Exterior Features | None |
| Roof | Pitched |
| Construction | Block, Brick |
| Foundation | Block |
Additional Information
| Date Listed | June 8th, 2026 |
|---|---|
| Zoning | R5B |
| Tax | $13,191 |