276 Avenue U Brooklyn, NY 11223
Gravesend NeighborhoodEstimated payment $8,770/month
Highlights
- Wood Flooring
- 1-minute walk to Avenue U (F Line)
- Back Yard
- P.S. 95 - The Gravesend Rated A-
- Heating System Uses Steam
About This Home
Exceptional opportunity to own and operate a fully turnkey, established “color bar” salon business on one of Brooklyn’s most popular and high-traffic avenues. This beautifully renovated mixed-use property features an ultra-modern 2-bedroom apartment above a spacious, fully built-out salon, plus a full finished basement with private spa rooms—ideal for expanding services or adding high-demand med-spa offerings.
The building has been upgraded throughout with radiant heat, new plumbing, and updated electrical systems, providing comfort, efficiency, and long-term reliability. With full possession possible at closing, this is a rare chance for an entrepreneur, investor, or owner-operator to step into a thriving setup with tremendous upside.
Listing Agent
RE/MAX Real Estate Professionals License #40AN0957928 Listed on: 05/18/2026
Property Details
Property Type
- Other
Est. Annual Taxes
- $16,326
Year Built
- Built in 1931
Lot Details
- 1,022 Sq Ft Lot
- Lot Dimensions are 55 x 18
- Back Yard
- Property is zoned R5
Parking
- On-Street Parking
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 1,980 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- Fuel Expense $3,500
- Insurance Expense $3,000
- Utility Expense $2,000
- Gross Income $80,400
Listing and Financial Details
- Tax Block 7123
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $16,069 | $174,150 | $27,450 | $146,700 |
| 2025 | $16,301 | $164,250 | $27,450 | $136,800 |
| 2024 | $16,301 | $167,850 | $27,450 | $140,400 |
| 2023 | $15,618 | $146,700 | $27,450 | $119,250 |
| 2022 | $11,434 | $141,750 | $14,400 | $127,350 |
| 2021 | $13,474 | $126,000 | $14,400 | $111,600 |
| 2020 | $9,395 | $187,200 | $14,400 | $172,800 |
| 2019 | $17,250 | $192,600 | $14,400 | $178,200 |
| 2018 | $15,992 | $170,550 | $14,400 | $156,150 |
| 2017 | $14,943 | $160,650 | $14,400 | $146,250 |
| 2016 | $14,076 | $154,800 | $14,400 | $140,400 |
| 2015 | $8,168 | $141,750 | $14,400 | $127,350 |
| 2014 | $8,168 | $132,750 | $14,400 | $118,350 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2026 05/18/26 | For Sale | $1,369,000 | -- | $691 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $625,000 | -- | |
| Deed | $625,000 | -- | |
| Executors Deed | $255,000 | Commonwealth Land Title Ins | |
| Executors Deed | $255,000 | Commonwealth Land Title Ins |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $155,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 501506
APN: 07123-0007
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Ask me questions while you tour the home.