59 Avenue U 8,500 SF 100% Leased Retail Building Brooklyn, NY 11223 $6,070,185 CAD ($714.14 CAD/SF)

Located in the heart of Brooklyn’s Gravesend neighborhood, 59 Avenue U offers a rare opportunity to acquire a commercial property along one of South Brooklyn’s most active retail corridors. This stretch of Avenue U is known for its dense foot traffic, strong local demographics, and proximity to major transit lines, making it an ideal setting for retail, mixed-use redevelopment, or owner-user occupancy. The property sits just off McDonald Avenue and is surrounded by a vibrant mix of national retailers, local businesses, and residential buildings, contributing to a steady stream of daily activity.
The site benefits from excellent transit access, with the Avenue U subway station (serving the F line) just steps away, connecting to Downtown Brooklyn and Manhattan in under 30 minutes. The surrounding area is home to a diverse population with strong household incomes and a high percentage of renter-occupied units, supporting both retail and multifamily demand. Whether repositioned for retail, medical, or multifamily use, this address offers long-term upside in a neighborhood undergoing steady revitalization.
With its strategic location, transit connectivity, and flexible zoning potential, 59 Avenue U is well-positioned for investors or developers seeking a foothold in one of Brooklyn’s most resilient submarkets.