Description

6.5% Proјected Cap Rate ‐ Free Market & Delivered Vacant

Turn-key and meticulously maintained, 20 Avenue T is a fully renovated mixed-use property delivered vacant, offering immediate flexibility for investors or end users alike.

The property features a ground-floor commercial space with direct access to a private backyard and full basement with 7'2" ceiling height. Above, two fully renovated, free-market one-bedroom apartments provide strong rental appeal and efficient layouts.

With low operating expenses and high rental potential, the property projects to a cap rate over 6% upon stabilization.

Positioned at the crossroads of Gravesend and Bensonhurst, the building sits on a quiet residential block just moments from the vibrant 86th Street commercial corridor. Transportation is exceptional: the D train at 25th Avenue/86th Street is just a half block away, the N train at Avenue T & West 9th Street is approximately a 6-minute walk, and the B1, B3, and B4 buses are all within a half block.

Neighborhood highlights include nearby shopping, restaurants, and local favorites such as L&B Spumoni Gardens just two blocks away.

A rare opportunity to acquire a fully vacant, income-producing asset in one of South Brooklyn's most established and transit-accessible neighborhoods.

Please reach out directly for financial information, questions, or to schedule a tour.

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Building Features 2 Floors1 Units

intercom

Unit Features

garden
Pet Policy: Building No, No

$1,695,000 / $731 per ft²

Listed on May 13, 2026

40 Days on Market

2 Beds / 2.5 Baths / 2,318 ft²

Total Monthly expenses: $415

Maintenance: $1 / R.E. Taxes $415

Other Details:

Mixed Use (1-6 Family)

Lot Size: 17.5' x 100.0' Built: 17.5' x 68.0'

Zoning: S1-5, S9

Exclusively listed with: Corcoran Group Source: RLS

Christopher DelCore

[email protected]

(212) 721-4600

Listing Courtesy of Corcoran Group View Listing

Unit listing history

Date Status Amount Listed by
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