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For sale
  • $1,599,000

    33 Avenue U, Brooklyn, NY 11223

    --beds
    0baths
    2,600sqft
    Loading
    Mixed Use
    Built in 1931
    2,200 Square Feet Lot
    $1,536,700 Zestimate®
    $615/sqft
    $-- HOA

    What's special

    Excellent visibility
    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.
    42 days
    |
    186
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Defalco Realty Inc 718-748-7000,

    Jay Zhang 646-392-6880,

    Xuehua (Serena) Chen 646-595-7999,

    Robert Defalco Realty Inc

    Source: BNYMLS,MLS#: 502093MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Natural Gas, Steam/Radiator
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Hardwood, Laminate, Tile
      • Basement: Finished
      Interior area
      • Total structure area: 2,600
      • Total interior livable area: 2,600 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 2
      Lot
      • Size: 2,200 Square Feet
      • Dimensions: 22x100
      • Features: Back Yard
      Details
      • Foundation area: 1300
      • Parcel number: 070930041
      • Zoning: R5B
      • Special conditions: Arm's Length

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Brick, Stucco, Block
      • Foundation: Block
      • Roof: Pitched
      Condition
      • Year built: 1931

      Utilities & green energy

      • Electric: 110 V, 220 Volts

      Community & HOA

      Community
      • Subdivision: Brooklyn
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $615/sqft
      • Tax assessed value: $657,000
      • Annual tax amount: $13,191
      • Date on market: 6/8/2026

        Estimated market value

        $1,536,700

        $1.46M - $1.61M

        $3,958/mo

        Price history

        DateEventPrice
        5/22/2024Price change$1,599,000-3.1%$615/sqft
        Source: BNYMLS #480549 Report a problem
        3/22/2024Listed for sale$1,650,000+17.9%$635/sqft
        Source: BNYMLS #480549 Report a problem
        4/29/2022Sold$1,400,000-9.7%$538/sqft
        Source: Public Record Report a problem
        2/24/2022Pending sale$1,550,000$596/sqft
        Source: BNYMLS #455255 Report a problem
        11/1/2021Price change$1,550,000-1.9%$596/sqft
        Source: BNYMLS #455255 Report a problem
        10/27/2021Price change$1,580,000-0.6%$608/sqft
        Source: BNYMLS #455255 Report a problem
        9/2/2021Listed for sale$1,590,000-5.9%$612/sqft
        Source: BNYMLS #455255 Report a problem
        9/2/2021Listing removed--
        Source: BNYMLS #451443 Report a problem
        8/4/2021Price change$1,690,000+6.3%$650/sqft
        Source: BNYMLS #451443 Report a problem
        7/26/2021Price change$1,590,000-6.4%$612/sqft
        Source: BNYMLS #451443 Report a problem
        5/26/2021Listed for sale$1,699,000+35.9%$653/sqft
        Source: BNYMLS #451443 Report a problem
        9/16/2016Sold$1,250,000-3.8%$481/sqft
        Source: Public Record Report a problem
        12/24/2015Listing removed$1,299,000$500/sqft
        Source: City Express Realty LLC Report a problem
        9/29/2015Listed for sale$1,299,000$500/sqft
        Source: City Express Realty LLC Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,191 +2.7%$295,650 +20.1%
        2024$12,841 $246,240 +20%
        2023-- $205,200 -19.7%
        2022-- $255,600 +13.9%
        2021-- $224,325 +23.6%
        2020$10,174 +3.2%$181,440
        2019$9,855 $181,440 +148%
        2018-- $73,171 +8%
        2017$8,619 +6.6%$67,765 +8%
        2015$8,084 +53.9%$62,747 +3.2%
        2014$5,252 $60,778
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Gravesend

        Getting around

        95 / 100
        Walker's Paradise
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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