59 Avenue U - Retail FOR SALE


Brooklyn, NY 11223- Gravesend
$3,999,000 USD
646-239-5999
59 Avenue U, Brooklyn, NY for Sale
$3,999,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

59 Avenue U
Brooklyn, NY 11223
Gravesend


HIGHLIGHTS

  • Located on busy Avenue U retail corridor in Gravesend
  • Steps from F train at Avenue U station for direct city access

OVERVIEW

Located in the heart of Brooklyn’s Gravesend neighborhood, 59 Avenue U offers a rare opportunity to acquire a commercial property along one of South Brooklyn’s most active retail corridors. This stretch of Avenue U is known for its dense foot traffic, strong local demographics, and proximity to major transit lines, making it an ideal setting for retail, mixed-use redevelopment, or owner-user occupancy. The property sits just off McDonald Avenue and is surrounded by a vibrant mix of national retailers, local businesses, and residential buildings, contributing to a steady stream of daily activity. The site benefits from excellent transit access, with the Avenue U subway station (serving the F line) just steps away, connecting to Downtown Brooklyn and Manhattan in under 30 minutes. The surrounding area is home to a diverse population with strong household incomes and a high percentage of renter-occupied units, supporting both retail and multifamily demand. Whether repositioned for retail, medical, or multifamily use, this address offers long-term upside in a neighborhood undergoing steady revitalization. With its strategic location, transit connectivity, and flexible zoning potential, 59 Avenue U is well-positioned for investors or developers seeking a foothold in one of Brooklyn’s most resilient submarkets.

FOR SALE DETAILS

PRICE

$3,999,000 USD

PRICE/SF

$470 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,500 SF

ZONING

R5B

APN/PARCEL ID

07094-0042

ASK ABOUT THIS PROPERTY

Tyler ChenTiger RealtyMore Info
646-239-5999

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Tyler ChenTiger RealtyMore Info
646-239-5999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.