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$ 4,000,000
Est. payment | /mo
3,403 SqFt
$ 4,000,000
Est. payment | /mo
3,403 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,403 sqft
Price per Sqft $1,175
MLS Listing ID 492143
Property Sub-Type Commercial
Property Description
A fully renovated commercial gem in the heart of Avenue U's thriving business district, this former Spanish restaurant offers an exceptional opportunity for investors, developers, or owner-users seeking a turnkey property with outstanding potential. Situated on a 41 ft x 83 ft lot with R6A zoning and a C1-4 commercial overlay, the site allows for flexible usage and excellent future development possibilities, with a max residential FAR of 3.0. The main level boasts soaring ceilings and a wide-open layout, ideal for a variety of commercial purposes including retail, office, medical, or event space. The fully finished basement, featuring 10-ft ceilings, was previously used as a private event area, further enhancing the building's versatility. Completely gut renovated from top to bottom, the property includes a commercial kitchen setup, brand-new central A/C, updated electric and plumbing systems, and beautiful new flooring throughout. Move-in ready and offering incredible visibility, this location benefits from high foot traffic and is surrounded by a dense residential population. Minutes to Ocean Parkway and the Q Train, and in close proximity to McDonald's, major banks, and numerous local businesses, this is a rare Avenue U opportunity that combines prime location, immaculate condition, and significant upside potential.
Location
State NY
County Kings (brooklyn)
Area Homecrest
Zoning R6A
Rooms
Basement Finished, Full
Interior
Interior Features Other
Heating Gas
Flooring Hardwood, Other
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Rubber
Present Use Restaurant,Other
Building
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge
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