Madison Real Estate

3019 Avenue U, Madison, NY 11229

[Madison Real Estate, listing number 7361062]
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Description: 7361062
   Exceptional opportunity to acquire a versatile mixed-use property in the heart of Sheepshead Bay, Brooklyn, delivered completely vacant and ready for its next owner! Situated on a 40â?? x 100â?? lot, this substantial property offers approximately 4,000 square feet of above-grade space, an additional 2,000-square-foot basement, and convenient rear parking. The ground floor features approximately 2,000 square feet of established medical office space, thoughtfully configured with approximately seven examination and treatment rooms, reception and waiting areas, and supporting facilities. The second floor offers an expansive 2,000-square-foot, three-bedroom residential apartment with generous living space and tremendous potential for customization. With both the commercial and residential spaces delivered vacant, the property presents an exceptional opportunity for medical professionals, investors, and owner-users seeking flexibility, income-producing potential, and long-term value. While both floors offer opportunities for renovation and modernization, the existing configuration provides an excellent foundation for a variety of uses. Situated within an R4 zoning district with a C1-2 commercial overlay, the property may offer additional possibilities for future repositioning or development, subject to applicable zoning regulations and approvals. Conveniently located near shopping, dining, public transportation, and major thoroughfares, 3019 Avenue U offers an outstanding combination of location, versatility, and investment potential.

Details:
   Property Type: Commercial
   Acres: 0.10
   Built: 1925
   School District: Brooklyn 22

Financials:
   Price: $2,498,000
   Taxes: $10,355

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