For sale

Price cut: $74K (7/2)

$1,295,000

276 Avenue U, Brooklyn, NY 11223

--beds

1,980sqft

Mixed Use

Built in 1931

1,022 Square Feet Lot

$1,301,800 Zestimate^®

$654/sqft

$-- HOA

What's special

Exceptional opportunity to own and operate a fully turnkey, established “color bar” salon business on one of Brooklyn’s most popular and high-traffic avenues. This beautifully renovated mixed-use property features an ultra-modern 2-bedroom apartment above a spacious, fully built-out salon, plus a full finished basement with private spa rooms—ideal for expanding services or adding high-demand med-spa offerings. The building has been upgraded throughout with radiant heat, new plumbing, and updated electrical systems, providing comfort, efficiency, and long-term reliability. With full possession possible at closing, this is a rare chance for an entrepreneur, investor, or owner-operator to step into a thriving setup with tremendous upside.

52 days

356

7

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Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 2
1/2 bathrooms: 2

Heating

Natural Gas, Steam/Radiator

Appliances

Included: Gas Water Heater

Features

Flooring: Hardwood
Basement: Finished,Full

Interior area

Total structure area: 1,980
Total interior livable area: 1,980 sqft

Property

Parking

Parking features: Street, Other
Has uncovered spaces: Yes

Features

Stories: 2

Lot

Size: 1,022 Square Feet
Dimensions: 18x55
Features: Back Yard

Details

Foundation area: 972
Parcel number: 071230007
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: 1931

Utilities & green energy

Electric: 220 Volts

Community & HOA

Community

Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $654/sqft
Tax assessed value: $365,000
Annual tax amount: $16,326
Date on market: 5/18/2026
Cumulative days on market: 53 days
Total actual rent: 6700

Estimated market value

$1,301,800

$1.24M - $1.37M

$4,619/mo

Price history

Date	Event	Price
7/2/2026	Price change	$1,295,000-5.4%$654/sqft
Source: BNYMLS #501506 Report a problem
5/18/2026	Listed for sale	$1,369,000+119%$691/sqft
Source: BNYMLS #501506 Report a problem
7/9/2013	Sold	$625,000+145.1%$316/sqft
Source: Public Record Report a problem
3/31/2000	Sold	$255,000$129/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$16,197 -0.6%	$164,250 -2.1%
2024	$16,301	$167,850 +14.4%
2023	--	$146,700 +3.5%
2022	--	$141,750 +12.5%
2021	--	$126,000 -32.7%
2020	$18,246 +5.5%	$187,200 -2.8%
2019	$17,288 +8.1%	$192,600 +12.9%
2018	$15,992 +7%	$170,550 +6.2%
2017	$14,943 +5.3%	$160,650 +3.8%
2016	$14,185	$154,800 +9.2%
2015	$14,185 +73.7%	$141,750 +6.8%
2014	$8,168	$132,750

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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