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Sold for $1,650,000
  • $1,650,000

    1907 Avenue U, Brooklyn, NY 11229

    --beds
    0baths
    3,160sqft
    Mixed Use
    Built in 1925
    2,100 Square Feet Lot
    $1,648,400 Zestimate®
    $522/sqft
    $4,239 Estimated rent

    Home value

    $1,648,400

    $1.43M - $1.86M

    $4,239/mo

    Zestimate® history
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    What's special

    Storefront floor spaceShort distance to supermarketsMedical practices
    Hot listing Back to market!!! CAP Rate IMPROVED (Annual Net income $123,000)!!! Location Location! Location!! Great opportunity to own on the very heavily foot-trafficked commercial AND residential at Hot area Avenue U. A fully attached restaurant at street level and a set of two rental apartments on the second floor. Storefront floor space is 20 x 94 foot and full basement, Annual NET income $123,000, Also it can be delivered vacant when closing. Upstairs there is one two-bedroom / one-bath rental unit and a separate one-bedroom / one-bath rental. All three have their own separate gas, heat, and boiler. Easy access to transportation by way of the B3 bus or the Q train. A short distance to supermarkets, retailers, restaurants, schools, banks, medical practices, pharmacies and more! Perfect for restauranteurs, investors, or future end-use owners. Motivated seller and a cooperative listing agent ready to schedule a showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Xiang (Joe) Long Zhou,

    RE/MAX Elite

    Source: BNYMLS,MLS#: 478434MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Natural Gas, Steam/Radiator
    Features
    • Flooring: Other
    • Basement: Full
    Interior area
    • Total structure area: 3,160
    • Total interior livable area: 3,160 sqft

    Property

    Parking
    • Parking features: Other
    Lot
    • Size: 2,100 Square Feet
    • Dimensions: 20x105
    • Features: Back Yard, Irregular Lot
    Details
    • Foundation area: 1280
    • Parcel number: 073240051
    • Zoning: R5
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • Year built: 1925

    Utilities & green energy

    • Electric: 110 V, Circuit Breakers

    Community & HOA

    Community
    • Subdivision: Brooklyn
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $522/sqft
    • Tax assessed value: $1,491,000
    • Annual tax amount: $9,186
    • Date on market: 11/28/2023
    • Cumulative days on market: 150 days
    • Inclusions: see listing

    Price history

    DateEventPrice
    7/30/2024Sold$1,650,000-25%$522/sqft
    Source: BNYMLS #478434 Report a problem
    4/26/2024Pending sale$2,199,900$696/sqft
    Source: BNYMLS #478434 Report a problem
    11/28/2023Listed for sale$2,199,900+10%$696/sqft
    Source: BNYMLS #478434 Report a problem
    11/27/2023Listing removed$1,999,999$633/sqft
    Source: BNYMLS #457962 Report a problem
    5/31/2022Pending sale$1,999,999$633/sqft
    Source: BNYMLS #457962 Report a problem
    1/4/2022Listed for sale$1,999,999+46%$633/sqft
    Source: BNYMLS #457962 Report a problem
    2/4/2019Listing removed$1,650$1/sqft
    Source: Honest Realty Report a problem
    12/31/2018Price change$1,650-5.7%$1/sqft
    Source: Honest Realty Report a problem
    12/20/2018Listed for rent$1,750$1/sqft
    Source: Honest Realty Report a problem
    1/29/2016Sold$1,370,000$434/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,186 +4.7%$89,460 +5.3%
    2024$8,772 $84,960 +6.6%
    2023-- $79,680 +8.5%
    2022-- $73,440 +11.3%
    2021-- $66,000 -8.2%
    2020$8,166 +6%$71,880
    2019$7,704 +7.3%$71,880 +109.3%
    2018$7,183 +3.5%$34,338 +0.8%
    2017$6,942 +4.3%$34,056
    2016$6,659 $34,056 +5.9%
    2015$6,659 +71.9%$32,149 +6%
    2014$3,875 $30,330
    Find assessor info on the county website

    Neighborhood: Sheepshead Bay

    Nearby schools

    GreatSchools rating