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Jeffrey A. Ashton
Licensed Real Estate Salesperson
REALTOR®

1118 Avenue U, Brooklyn, NY 11223

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Property Description

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 - 1118-1120 Avenue U - and offers exceptional value in a thriving commercial and residential zone. The offering includes two fully renovated buildings with a combined lot size of 36' x 100' and a building footprint of 36' x 50' 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 - a prime opportunity for investors and end-users alike.

1118 Avenue U | MLS# 852899

This commercial property located at 1118 Avenue U, Brooklyn, NY 11223 is currently listed for sale with an asking price of $4,000,000. Search Brooklyn real estate on jeffrey-ashton.timberlandproperties.com today.

Gallery

Property Features

Property Type: Commercial - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: None
Heating: Natural Gas
Lot Size: 0.04 Acres
Taxes: $8,498
Year Built: 1927

Feature Descriptions

Building Area Total: 2700
Business Type: Mixed
Days on Site: 316
Exterior: Brick
On Market Date: 2025-04-24
Parcel Number: 07343-0007
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Other
Utilities: See Remarks
Water: Other

Demographics

Listed By / Shown By

Listing By

Agency Name: RE/MAX Edge
Agency Contact: 718-288-3835

Shown By

Agent Name: Jeffrey A. Ashton
Agent Phone: Cell: (973) 650-0035
Agency Title: Timberland Properties

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