Prime mixed-use investment opportunity in the heart of Gravesend! 33 Avenue U is a well-maintained 4-family plus 1 commercial property featuring two spacious 3-bedroom apartments, two 2-bedroom apartments, and a commercial space currently leased to a professional spa. The building generates $110,400 in annual rental income; this income-producing asset offers strong cash flow and long-term upside. Situated on a 22' x 100' lot with a 20' x 65' building footprint, the property includes 6 electric meters and 5 gas meters. Located at the busy intersection of Avenue U and 86th Street, the property benefits from excellent visibility, high foot traffic, and convenient access to shopping, dining, and public transportation, including the D and N subway lines and B1, B3, and B4 bus routes. Annual property taxes are only $13,190. An exceptional opportunity for investors seeking stable income in a prime Brooklyn location.
Active
$1,599,000
33 Avenue, Brooklyn, NY 11223
10beds
2,600sqft
Mixed Use
Built in 1931
-- sqft lot
$1,594,100 Zestimate®
$615/sqft
$-- HOA
What's special
- 93 days
- 95
- 0
Zillow last checked:
Listing updated:
Listed by:
Robert DeFalco Realty 646-392-6880,
Jay Zhang,
Serena Chen
Source: StreetEasy,MLS#: S1832556
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Has fireplace: No
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Gravesend
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $615/sqft
- Date on market: 6/8/2026
Estimated market value
$1,594,100
$1.29M - $1.98M
$5,787/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $1,599,000$615/sqft |
Source: StreetEasy #S1832556 Report a problem | ||
| 7/11/2025 | Listing removed | $1,599,000$615/sqft |
Source: StreetEasy #S1706183 Report a problem | ||
| 10/14/2024 | Listed for sale | $1,599,000+83.8%$615/sqft |
Source: StreetEasy #S1706183 Report a problem | ||
| 10/13/2021 | Sold | $870,000$335/sqft |
Source: StreetEasy #S1548054 Report a problem | ||
Public tax history
Tax history is unavailable.





