816 Avenue U, Brooklyn, NY

$4,000,000

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3,403

Square feet

0.07

Acres

About 816 Avenue U

A fully renovated commercial gem in the heart of Avenue U’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 building’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. Steps to Ocean Parkway and the Q Train, and in close proximity to McDonald’s, major banks, and numerous local businesses, this is a rare Avenue U opportunity that combines prime location, immaculate condition, and significant upside potential.

Features of 816 Avenue U

MLS® # 853282
Price $4,000,000
Bathrooms 0.00
Internal Footage 3,403
Square Footage 3200
Acres 0.07
Year Built 1931
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 816 Avenue U
City Brooklyn
County Kings (Brooklyn)
State NY
Zip Code 11223

Amenities

Utilities See Remarks
Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Construction Brick

Additional Information

Date Listed April 24th, 2025
Days on Market 172
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofRE/MAX Edge
Contact Info718-288-3835

Listing Map

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