Prime Avenue U Property: 1 Storefront & 2 Apartments – Ideal Investment Opportunity!

1605 Avenue U Brooklyn, NY 11229

1605 Avenue U, Brooklyn, NY, 11229
1605 Avenue U, Brooklyn, NY, 11229 1605 Avenue U, Brooklyn, NY, 11229 1605 Avenue U, Brooklyn, NY, 11229 1605 Avenue U, Brooklyn, NY, 11229 1605 Avenue U, Brooklyn, NY, 11229 1605 Avenue U, Brooklyn, NY, 11229 1605 Avenue U, Brooklyn, NY, 11229 1605 Avenue U, Brooklyn, NY, 11229 1605 Avenue U, Brooklyn, NY, 11229
FOR SALE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Jan 09, 2025

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Highlights

  • Commercial units: 1
  • Residential units: 2
  • Prime Avenue U shopping
  • Delivered as is
  • Current CAP - 4%
  • Building dimensions
  • Ground floor: 16' x 100'
  • Upper floors (approx): 16' x 75'
  • Lot dimensions: 16' x 105'
  • Off East 16 St and steps from the Q train, B3 bus

Description

Prime Avenue U property: 1 Storefront & 2 Apartments – Ideal investment opportunity!

Located in the Sheepshead Bay neighborhood of Brooklyn between E 16th St & E 17th St near the Avenue U subway station.

Nearest Transit: Q trains at Avenue U and the B3, B49, & B68 bus lines.

Nearby tenants include Dunkin', Capital One Bank, T-Mobile, Chase Bank, Subway, TD Bank, Total Wireless, Baskin-Robbins, East West Bank, King Express Deli, Lotus Bridal Brooklyn, Sherdor, Shaikh's Place, U15 Pharmacy, Kung Fu Tea, and more!

Building Size: 4000sq ft
Building Class: B
Lot Size: 0.04 acres


Documents

1605 Avenue U Brochure.pdf

Map of 1605 Avenue U, Brooklyn, NY, 11229

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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