33 Avenue U Brooklyn, NY 11223
Gravesend NeighborhoodEstimated payment $9,879/month
Highlights
- Wood Flooring
- 4-minute walk to 25 Avenue
- Back Yard
- P.S. 95 - The Gravesend Rated A-
- Heating System Uses Steam
- 2-minute walk to Scarangella Park
About This Home
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.
Property Details
Property Type
- Other
Est. Annual Taxes
- $13,191
Year Built
- Built in 1931
Lot Details
- 2,200 Sq Ft Lot
- Lot Dimensions are 100 x 22
- Back Yard
- Property is zoned R5B
Home Design
- Mixed Use
- Brick Exterior Construction
- Block Foundation
- Pitched Roof
- Stucco Exterior
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Finished Basement
Flooring
- Wood
- Laminate
- Tile
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 7093
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $4,500
- Insurance Expense $11,000
- Utility Expense $2,800
- Gross Income $110,400
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 | $13,255 | $354,600 | $63,900 | $290,700 |
| 2025 | $12,841 | $295,650 | $63,900 | $231,750 |
| 2024 | $12,841 | $246,240 | $63,900 | $182,340 |
| 2023 | $11,669 | $205,200 | $63,900 | $141,300 |
| 2022 | $10,778 | $255,600 | $63,900 | $191,700 |
| 2021 | $10,006 | $224,325 | $63,900 | $160,425 |
| 2019 | $9,965 | $181,440 | $63,900 | $117,540 |
| 2018 | $9,307 | $73,171 | $30,923 | $42,248 |
| 2017 | $8,619 | $67,765 | $30,071 | $37,694 |
| 2016 | $8,089 | $62,747 | $34,805 | $27,942 |
| 2015 | $5,252 | $62,747 | $41,831 | $20,916 |
| 2014 | $5,252 | $60,778 | $40,519 | $20,259 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/08/2026 06/08/26 | For Sale | $1,599,000 | +14.2% | $615 / Sq Ft | |
| 03/31/2022 03/31/22 | Sold | $1,400,000 | -- | $538 / Sq Ft | View Prior Sale |
| 09/02/2021 09/02/21 | Pending | -- | -- | -- |
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 | -- | -- | |
| Deed | $1,400,000 | -- | |
| Deed | $1,250,000 | -- |
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 |
|---|---|---|---|
| Open | $870,000 | Assumption | |
| Previous Owner | $870,000 | Purchase Money Mortgage | |
| Previous Owner | $625,000 | Commercial | |
| Previous Owner | $499,000 | No Value Available | |
| Previous Owner | $499,000 | No Value Available | |
| Closed | $408,750 | No Value Available |
Source: Brooklyn Board of REALTORS®
MLS Number: 502093
APN: 07093-0041
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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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