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.
For sale
$1,599,000
33 Avenue U, Brooklyn, NY 11223
--beds
0baths
2,600sqft
Mixed Use
Built in 1931
2,200 Square Feet Lot
$1,510,000 Zestimate®
$615/sqft
$-- HOA
What's special
Excellent visibility
- 87 days
- 171
- 2
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#: 502093
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
$1,510,000
$1.43M - $1.59M
$3,547/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2024 | Price change | $1,599,000-3.1%$615/sqft |
Source: | ||
| 3/22/2024 | Listed for sale | $1,650,000+17.9%$635/sqft |
Source: | ||
| 4/29/2022 | Sold | $1,400,000-9.7%$538/sqft |
Source: Public Record Report a problem | ||
| 2/24/2022 | Pending sale | $1,550,000$596/sqft |
Source: | ||
| 11/1/2021 | Price change | $1,550,000-1.9%$596/sqft |
Source: | ||
| 10/27/2021 | Price change | $1,580,000-0.6%$608/sqft |
Source: | ||
| 9/2/2021 | Listed for sale | $1,590,000-5.9%$612/sqft |
Source: | ||
| 9/2/2021 | Listing removed | -- |
Source: | ||
| 8/4/2021 | Price change | $1,690,000+6.3%$650/sqft |
Source: | ||
| 7/26/2021 | Price change | $1,590,000-6.4%$612/sqft |
Source: | ||
| 5/26/2021 | Listed for sale | $1,699,000+35.9%$653/sqft |
Source: | ||
| 9/16/2016 | Sold | $1,250,000-3.8%$481/sqft |
Source: Public Record Report a problem | ||
| 12/24/2015 | Listing removed | $1,299,000$500/sqft |
Source: City Express Realty LLC Report a problem | ||
| 9/29/2015 | Listed for sale | $1,299,000$500/sqft |
Source: City Express Realty LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






