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.
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Listing Snapshot
Price
$1,599,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
2,600 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.0505 Acres
Year Built
1931
MLS® Number
1010624
Status
Active
Property Tax
$13,190
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 hours ago
Listing first seen on site
2 hours ago
Listing updated with changes from the MLS®
General Features
Acres
0.0505
Cross Street
86th ST
Parking
No GarageNone
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
2600
Utilities
Natural Gas AvailableElectricity ConnectedNatural Gas Connected
Water Source
Public
Interior Features
Basement
Finished
Cooling
Wall/Window Unit(s)
Heating
Hot Water
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Exterior Features
Construction Details
BlockBrick
Community Features
School District
Brooklyn 20
Schools
School District
Brooklyn 20
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Robert DeFalco Realty Inc jayzmovesyou@gmail.com
Based on information submitted to the MLS GRID as of 2026-06-08 04:24 PM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
