7.4% 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 7% 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.
Active
$1,450,000
20 Avenue, Brooklyn, NY 11223
2beds
--sqft
Mixed Use
Built in 1931
-- sqft lot
$1,464,800 Zestimate®
$--/sqft
$-- HOA
What's special
Ground-floor commercial spaceQuiet residential blockEfficient layouts
- 4 days
- 44
- 2
Zillow last checked:
Listing updated:
Listed by:
Corcoran 516-459-1012,
Chris Delcore,
Ryan Kaplan
Source: StreetEasy,MLS#: S1855252
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Appliances
- Included: Dishwasher
Features
- Flooring: Hardwood
- Has fireplace: No
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Gravesend
Location
- Region: Brooklyn
Financial & listing details
- Date on market: 10/29/2026
Estimated market value
$1,464,800
$1.39M - $1.54M
$4,032/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $1,450,000-14.5% |
Source: StreetEasy #S1855252 Report a problem | ||
| 6/24/2026 | Listing removed | $1,695,000 |
Source: StreetEasy #S1812720 Report a problem | ||
| 2/26/2026 | Listed for sale | $1,695,000+78.4% |
Source: StreetEasy #S1812720 Report a problem | ||
| 12/28/2017 | Sold | $950,000 |
Source: StreetEasy #S1257820 Report a problem | ||
Public tax history
Tax history is unavailable.





