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246 Avenue U, Brooklyn, NY 11223

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For Sale

$2,588,000

6,560 sqft

Estimated Payment

$ 16,686 /mo. †

6.65% APR for 30 yrs.
$40,732 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • $394.51
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Introducing a fantastic investment opportunity with this corner mixed-use property, ideally located on the bustling Avenue U and just minutes away from a local school. This versatile property features 4 residential units and 4 commercial spaces, providing an excellent blend of living and business opportunities in a prime location. The strategic positioning offers significant visibility and foot traffic, making it an ideal spot for commercial ventures to thrive. With a school nearby, the area is perfect for attracting families looking for convenient living options, which adds to the property's appeal. The residential units provide comfortable living spaces, fostering a vibrant community atmosphere that complements the active business environment. Designed for easy management, this property allows you to maximize your investment without the hassle. Whether you re an experienced investor or a newcomer to the real estate market, this mixed-use property is a unique chance to capitalize on a growing area. Don t miss out on this rare opportunity to own a well-located corner property that combines convenience, community, and commercial success! Contact us today for more details!
MLS# 488046

Courtesy Of Momentum Real Estate LLC

(718) 382-0001

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Hardwood
  • Heating System
    Radiator, Steam
  • Lot Size
    0.09 Acres

Map and Directions

Directions to 246 Avenue U, Brooklyn, NY 11223

Home seller CENTURY 21 MK Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 MK Realty

(718) 627-7390
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $13,291
  • Property Taxes
    $3,394
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $16,686

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

P.s. 216 Arturo Toscanini School

Grades PK-5 Public School

Brooklyn, NY 11223 0.3 miles
350 avenue x

702 total students
16:1 Student teacher ratio

School Rating: B-

School Details

I.s. 303 Herbert S. Eisenberg

Grades 6-8 Public School

Brooklyn, NY 11224 0.4 miles
501 west ave

527 total students
13:1 Student teacher ratio

School Rating: C

School Details

Abraham Lincoln High School

Grades 9-12 Public School

Brooklyn, NY 11235 0.5 miles
2800 ocean pkwy

1816 total students
18:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Yeshivat Magen Abraham 0.3 miles Private 9-12
Rachel Carson High School For Coastal Studies 0.4 miles Public 9-12 C
Coney Island Preparatory Public Charter School 0.4 miles Public KG-12 C+
Ps 721 Brooklyn Occupational Training Center 0.4 miles Public KG-12
John Dewey High School 0.4 miles Public 9-12 C-
Our Lady Of Grace Catholic Academy 0.5 miles Private PK-8
Ahi Ezer Yeshiva School 0.5 miles Private PK-8
P.s. 95 Gravesend School 0.5 miles Public KG-8 B+
William E Grady Career And Technical Education High School 0.6 miles Public 9-12 D
P.s. 212 Lady Deborah Moody School 0.6 miles Public PK-5 C
P.s. 209 Margaret Mead School 0.6 miles Public KG-8 B-
P.s. 100 Coney Island School 0.7 miles Public KG-5 B
Life Academy High School For Film And Music 0.7 miles Public 9-12 C-
High School Of Sports Management 0.7 miles Public 9-12 D
Expeditionary Learning School For Community Leaders 0.7 miles Public 9-12 B-
Kingsborough Early College School 0.7 miles Public 6-12 B
Ps 370 0.7 miles Public KG-12

Yeshivat Magen Abraham

Distance: 0.3 miles

Type Private

Grades: 9-12

Rachel Carson High School For Coastal Studies

Distance: 0.4 miles

Type Public

Grades: 9-12

C

Coney Island Preparatory Public Charter School

Distance: 0.4 miles

Type Public

Grades: KG-12

C+

Ps 721 Brooklyn Occupational Training Center

Distance: 0.4 miles

Type Public

Grades: KG-12

John Dewey High School

Distance: 0.4 miles

Type Public

Grades: 9-12

C-

Our Lady Of Grace Catholic Academy

Distance: 0.5 miles

Type Private

Grades: PK-8

Ahi Ezer Yeshiva School

Distance: 0.5 miles

Type Private

Grades: PK-8

P.s. 95 Gravesend School

Distance: 0.5 miles

Type Public

Grades: KG-8

B+

William E Grady Career And Technical Education High School

Distance: 0.6 miles

Type Public

Grades: 9-12

D

P.s. 212 Lady Deborah Moody School

Distance: 0.6 miles

Type Public

Grades: PK-5

C

P.s. 209 Margaret Mead School

Distance: 0.6 miles

Type Public

Grades: KG-8

B-

P.s. 100 Coney Island School

Distance: 0.7 miles

Type Public

Grades: KG-5

B

Life Academy High School For Film And Music

Distance: 0.7 miles

Type Public

Grades: 9-12

C-

High School Of Sports Management

Distance: 0.7 miles

Type Public

Grades: 9-12

D

Expeditionary Learning School For Community Leaders

Distance: 0.7 miles

Type Public

Grades: 9-12

B-

Kingsborough Early College School

Distance: 0.7 miles

Type Public

Grades: 6-12

B

Ps 370

Distance: 0.7 miles

Type Public

Grades: KG-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Brooklyn, NY 11223

Tour the area

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Brooklyn, NY 11223

This community’s employment is highest in the personal care and education industries. The area’s overall household expenses are below the national average.

84° July
Hottest Average Month
26° January
Coldest Average Month
28,222 Total Households in Area
-7.6% Increase in population since the year 2010
35.3%
of households
have children
43 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Brooklyn, NY 11223

Brooklyn, NY 11223 has a population of 80,209 people in 28,222 households with a median age of 39.9 years old.

-7.6%
Decrease in population
since the year 2010
Population is Trending down
30,035
Total households as of 2010
1.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.9 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 50%
Asian 30%
Hispanic 14%
Other 9%
Black 4%
Native American <1%
The most prevalent ethnicity is White at 50%, followed by Asian at 30%, Hispanic at 14%, and Other at 9%.

Economics
for Brooklyn, NY 11223

38,370 /sq mi
Population Density
$65,460 /yr
Median Household Income
$1,250,000
Median Sales Price
43 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 14% of the households.

Transportation to Work

  • Public Transit 46%
  • Drive 33%
  • Walk or Bike 11%
  • Work from Home 10%

Occupancy by Type

Rented 16,852 56%
Owned 11,370 38%
Vacant 1,884 6%

White vs Blue Collar Jobs







White Collar 80%
Blue Collar 20%

Family & Education Facts
for Brooklyn, NY 11223

39.9 Median Age

Average Household Size

2.8
persons per
household

53.3%

Married Households

Community Population By Education

High School Graduate 27%
Bachelors Degree 22%
Some High School 20%
Graduate Degree 14%
Some College 11%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 27.09% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
35.3% of households have children

Weather
for Brooklyn, NY 11223

The weather for this area ranges from a high of 84° F in July to a low of 26° F in January

84° July
Hottest Average Month
26° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
39°
Feb
27°
41°
Mar
34°
49°
Apr
43°
60°
May
53°
70°
Jun
62°
79°
Jul
68°
84°
Aug
67°
83°
Sep
60°
76°
Oct
49°
65°
Nov
40°
54°
Dec
30°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Brooklyn, NY 11223!
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Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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