276 Avenue U Brooklyn, NY 11223
Gravesend NeighborhoodEstimated payment $8,315/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2026 07/02/26 | Price Changed | $1,295,000 | -5.4% | $654 / 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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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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