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1118 Avenue U, Homecrest, NY 11223

[Homecrest Real Estate, listing number 3304375]
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Description: 3304375
   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 â?? this property and this 1120 Avenue U â?? and offers exceptional value in a thriving commercial and residential zone. The offering includes two fully renovated buildings with a combined lot size of 36â?? x 100â?? and a building footprint of 36â?? x 50â?? 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 â?? a prime opportunity for investors and end-users alike.

Details:
   Property Type: Mixed Use

Financials:
   Price: $4,000,000

 

RE/MAX Edge
Michelle J. Zhang
Office: (718)612-3088

provided by Brooklyn NY MLS