A fully renovated commercial gem in the heart of Avenue Uâ??s thriving business district, this former Spanish restaurant offers an exceptional opportunity for investors, developers, or owner-users seeking a turnkey property with outstanding potential. Situated on a 41 ft x 83 ft lot with R6A zoning and a C1-4 commercial overlay, the site allows for flexible usage and excellent future development possibilities, with a max residential FAR of 3.0. The main level boasts soaring ceilings and a wide-open layout, ideal for a variety of commercial purposes including retail, office, medical, or event space. The fully finished basement, featuring 10-ft ceilings, was previously used as a private event area, further enhancing the buildingâ??s versatility. Completely gut renovated from top to bottom, the property includes a commercial kitchen setup, brand-new central A/C, updated electric and plumbing systems, and beautiful new flooring throughout. Move-in ready and offering incredible visibility, this location benefits from high foot traffic and is surrounded by a dense residential population. Minutes to Ocean Parkway and the Q Train, and in close proximity to McDonaldâ??s, major banks, and numerous local businesses, this is a rare Avenue U opportunity that combines prime location, immaculate condition, and significant upside potential.
Details:
Property Type:
Commercial
Financials:
Price:
$4,000,000
RE/MAX Edge Michelle J. Zhang Office: (718)612-3088
provided by Brooklyn NY MLS
![[Homecrest Real Estate, listing number 3304398]](https://www.vlshomes.com/images/full/3304398a.jpg)