Prime mixed-use investment opportunity at 815 Avenue U in the heart of the Gravesend/Sheepshead Bay area, situated along a busy commercial corridor. This well-maintained property features a 20’ x 60’ building on a 20’ x 110’ lot, with 3 stories plus a basement, consisting of one commercial unit and two residential units. Annual property taxes are approximately $8,743. The first-floor storefront and basement are currently used as a restaurant. The second floor features 4 bedrooms, a living room, an open kitchen and dining area, and 1 full bathroom. The third floor offers 4 bedrooms, a living room, open kitchen and dining area, and 1.5 bathrooms. Equipped with split A/C systems. Each unit has separate heating and hot water systems, and tenants are responsible for their own utilities. The rear yard provides parking for up to 2 cars. The entire building is well-maintained and in excellent condition with no renovation needed. Conveniently located near shopping, restaurants, schools, and public transportation (B3 and B68 buses and the Q, B, and F trains). Excellent opportunity for investors, business owners, or end users in a prime Avenue U commercial location.
Active
$2,100,000
815 Avenue U, Brooklyn, NY 11223
8beds
3,426sqft
Mixed Use
Built in 1931
-- sqft lot
$2,051,000 Zestimate®
$613/sqft
$-- HOA
What's special
First-floor storefront
- 65 days
- 262
- 13
Zillow last checked:
Listing updated:
Listed by:
Remax Edge 917-916-2368,
Kelly Wu
Source: StreetEasy,MLS#: S1843235
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 3,426
- Total interior livable area: 3,426 sqft
Property
Details
- Parcel number: 071110042
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Sheepshead Bay
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $613/sqft
- Tax assessed value: $2,227,000
- Annual tax amount: $104,916
- Date on market: 8/21/2026
Estimated market value
$2,051,000
$1.95M - $2.15M
$4,505/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $2,100,000+600%$613/sqft |
Source: | ||
| 1/31/1991 | Sold | $300,000$88/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,283 +4.7% | $133,620 +26.6% |
| 2024 | $7,909 | $105,540 +13.1% |
| 2023 | -- | $93,300 +27.4% |
| 2022 | -- | $73,260 +9.8% |
| 2021 | -- | $66,720 -3.1% |
| 2020 | $7,067 +6.3% | $68,820 |
| 2019 | $6,650 +2.7% | $68,820 +122.3% |
| 2018 | $6,477 +3.8% | $30,960 +1.2% |
| 2017 | $6,238 +9.8% | $30,600 |
| 2016 | $5,680 | $30,600 +5.6% |
| 2015 | $5,680 +74.1% | $28,988 +6% |
| 2014 | $3,262 | $27,348 |
Find assessor info on the county website




