$4,500,000
Active
10 Days Online
0 Beds0 Baths8,000 SQFT
Active

59 Avenue U Brooklyn, NY 11223

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Gama Group Proudly presents this rare opportunity to operate or develop upon a neighborhood staple. Existing as a well-established catering hall for decades, the property is turn-key for such use with 8, 000 sqft of interior space, built in 1931. The 80x100 corner lot also allows for development with R5B and C2-3 zoning. An excellent location on Avenue U with several successful new developments nearby. R5B zoning allows for detached and semi-detached multi-family dwellings with FAR 1.35 as well as use for three-story row houses. In addition to the residential zoning, C2-3 zoning allows the development of mixed-use buildings with commercial and residential uses.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyKings (Brooklyn)
  • Taxes$53,813
  • HOA/Condo/Coop Fees$0
  • Days on Site10 Days
  • MLS StatusActive
  • MLS ID Number483909
  • Home Size Source N/A
  • Year Built1931
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Basement FullSeparate EntranceUsable
  • Number of Stories 1
  • Cross Street West 12th St
  • Zoning R5B

Interior Features

  • Heating Hot AirGas
  • Flooring Tile
  • Interior Fire - Smoke AlarmIntercomKitchenRestrooms - PublicRestrooms - StaffSecurity AlarmWindow Display
  • Fireplace No

Exterior Features

  • Roof Flat
  • Waterfront Property No
  • Exterior Doors - 10 ft and underSign – RoofSign - Building

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Monthly Payment (Est.)

$23,637
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