134 Avenue U

Gravesend

$2,650,000
Price
9
Beds
5
Baths
4,980 Sq. Ft.
$532 / Sq. Ft.
4,980
Sq. Ft.
$532
per Sq. Ft.

Description

Unlock the potential of this outstanding mixed-use property in the vibrant neighborhood of Gravesend! Situated in a prime location, this three-story building offers a unique investment opportunity combining residential and commercial spaces. Built in 1931, this charming property features a total of six units, comprising five residential apartments and one retail store. With a total of 3,320 sqft dedicated to residential living and an additional 1,660 sqft allocated for the retail space, this property...Unlock the potential of this outstanding mixed-use property in the vibrant neighborhood of Gravesend! Situated in a prime location, this three-story building offers a unique investment opportunity combining residential and commercial spaces. Built in 1931, this charming property features a total of six units, comprising five residential apartments and one retail store. With a total of 3,320 sqft dedicated to residential living and an additional 1,660 sqft allocated for the retail space, this property offers a versatile layout to cater to various business ventures and living arrangements. Whether you're an investor looking to diversify your portfolio or an entrepreneur seeking to establish a thriving business in a bustling community, this property presents an ideal canvas to realize your goals. The residential units provide comfortable living spaces for tenants, while the retail store offers a prime storefront location to attract customers and clients. With its historical charm and strategic location, this mixed-use property is a solid investment opportunity with the potential for lucrative returns. Don't miss out on the chance to own a piece of Gravesend's dynamic landscape. Contact us today to learn more and seize this incredible investment opportunity!

Property Details for 134 Avenue U

Parking
Off Street
Area Name
Gravesend
Zoning
R5/C1-2

Location

Listing Courtesy of EXP Realty
Add your commute
LISTING UPDATED: 04/19/2024 03:43 PM

Property Details for 134 Avenue U

StatusActive
MLS ID2402125
Days on Market21
Taxes$25,620 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built1931
Lot Size2,000 SF / 20' x 100'
CountyKings County

Building

134 Avenue U

6 Units3 StoriesBuilt in 1931

Location

Listing Courtesy of EXP Realty
Add your commute

Building Information for 134 Avenue U

Stories3Residences6Year Built1931Building Size20' x 83'Building Sq. Ft4,980 SFLot Size2,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$16,597 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,462

Property Taxes

$2,135

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 134 Avenue U

Summary
Location and General Information
  • Absolute Longitude: 74
  • Directions: West 8th and Avenue U Corner
  • Section: N/A
Parking
  • Garage Capacity: 2.0
Taxes and HOA Information
  • Tax Abated: No
Property
Lot Information
  • Block: 07119
  • Lot: 0001
  • Lot Dim: 20x100
  • Parcel ID: 07119-0001
Property and Assessments
  • CofO: No
  • Condition: Fair
  • Irregular: No
  • Property Group ID: 19990816212116581394000000
  • Year Built Info: Approx
Utilities
  • Cooling: No
  • Electric: 110
  • Electric Meters: Individual
  • Gas Meters: Individual
  • Sewer: City
Interior and Exterior Features
Interior Features
  • Air Conditioner: Units
  • Basement Desc: Unfinished
  • Basement Type: Full
  • Full Baths: 5
  • Heat Source: Gas
  • Heat System: Hot Water
  • No. of Heating Units: 5
  • Total Baths: 5.00
Exterior Features
  • Bldg. Dimensions: 20x83
  • Siding: Brick
Multi Family
Multi-Family Information
  • Income & Expenses: Gross Income: $149,700.00
  • Income & Expenses: Net Income: $114,187.00
  • Income & Expenses: Total Expense: $35,513.00
Unit 1
  • Unit 1: # Baths: 1
  • Unit 1: # Bedrooms: 1
  • Unit 1: # Rooms: 3
  • Unit 1: Level: 1
  • Unit 1: Rent/Month: $1,500.00
Unit 2
  • Unit 2: # Baths: 1
  • Unit 2: # Bedrooms: 2
  • Unit 2: # Rooms: 4
  • Unit 2: Level: 2
  • Unit 2: Rent/Month: $1,800.00
Unit 3
  • Unit 3: # Baths: 1
  • Unit 3: # Bedrooms: 2
  • Unit 3: # Rooms: 4
  • Unit 3: Level: 2
  • Unit 3: Rent/Month: $1,800.00
Unit 4
  • Unit 4: # Baths: 1
  • Unit 4: # Bedrooms: 2
  • Unit 4: # Rooms: 4
  • Unit 4: Level: 3
  • Unit 4: Rent/Month: $1,700.00
Unit 5
  • Unit 5: # Baths: 1
  • Unit 5: # Bedrooms: 2
  • Unit 5: # Rooms: 4
  • Unit 5: Level: 3
  • Unit 5: Rent/Month: $1,700.00

Property History for 134 Avenue U

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 134 Avenue U

Taxable ValueLand$8,100Additions$351,450Total$359,550
Home Facts
Total Finished SqFt4,980 SqFtLot Size2,000 SqFtYear Built1931ZoningR5APN3071190001

Schools near 134 Avenue U

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
P.S. 95 The Gravesend
PublicPK to 8

Is 228 David A Boody
Public6 to 8

High School Of Sports Management
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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134 Avenue U is a multi-family home for sale in Gravesend. This property was listed for sale on April 11, 2024 by EXP Realty, it's currently listed at $2,650,000. This listing's school district is Nyc Geog District #21 - Brooklyn. Nearby schools include P.S. 95 The Gravesend, Life Academy High School For Film And Music and Is 228 David A Boody. 134 Avenue U is a 9-bed, 5-bath, 4,980 sqft multi-family home built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.