7420 20th Avenue Brooklyn, NY $ 1,299,000
7420 20th Avenue
$ 1,299,000
Share Save

7420 20th Avenue

Brooklyn, NY, 11204
$ 1,299,000
Bedrooms-- Baths-- Sq 2,400

Monthly Estimate*

$ 8,104

7420 20th Avenue, Brooklyn, NY 11204 - Image 1
7420 20th Avenue, Brooklyn, NY 11204 - Image 2
7420 20th Avenue, Brooklyn, NY 11204 - Image 3
7420 20th Avenue, Brooklyn, NY 11204 - Image 4
7420 20th Avenue, Brooklyn, NY 11204 - Image 5
7420 20th Avenue, Brooklyn, NY 11204 - Image 6
7420 20th Avenue, Brooklyn, NY 11204 - Image 7
7420 20th Avenue, Brooklyn, NY 11204 - Image 8
7420 20th Avenue, Brooklyn, NY 11204 - Image 9
7420 20th Avenue, Brooklyn, NY 11204 - Image 10
7420 20th Avenue, Brooklyn, NY 11204 - Image 11
7420 20th Avenue, Brooklyn, NY 11204 - Image 12
7420 20th Avenue, Brooklyn, NY 11204 - Image 13
7420 20th Avenue, Brooklyn, NY 11204 - Image 14
7420 20th Avenue, Brooklyn, NY 11204 - Image 15
7420 20th Avenue, Brooklyn, NY 11204 - Image 16
7420 20th Avenue, Brooklyn, NY 11204 - Image 17
7420 20th Avenue, Brooklyn, NY 11204 - Image 18
7420 20th Avenue, Brooklyn, NY 11204 - Image 19

Commercial Property for sale in Brooklyn, NY

for $1,299,000. This 2,400 square foot building was built in 1931 on a lot size of 0.036731.

PRIME MIXED-USE GEM IN THE HEART OF THE BEDSONHURST! FULLY RENOVATED WITH IMMEDIATE RENTAL INCOME! Welcome to this fully updated mixed-use property—an exceptional investment opportunity featuring a ground-level commercial storefront and an upper-level residential unit, both generating immediate rental income. EACH TENANT IS RESPONSIBLE FOR THEIR OWN UTILITIES, ENSURING LOW OPERATING COSTS FOR THE OWNER.The first floor measures 20' x 75', with the second floor at 20' x 45', on a 20' x 80' lot. Annual property taxes are impressively low at just $9,230.60. The first floor is occupied by a well-established nail salon that has successfully operated for over 15 years. The second-floor residential unit features a spacious three-bedroom layout, complete with a granite tiled bathroom, a formal dining room, and a bright, comfortable living room. Modern upgrades include radiant floor heating and central A/C, ensuring year-round comfort. A fully finished basement with high ceilings offers additional functional space—ideal for storage, recreation, or flexible use. Tenants pay their own utilities, and the property has been meticulously renovated from top to bottom. It’s truly move-in ready and already generating reliable rental income. Additionally, under the new “City of Yes” zoning initiative, there may be potential for vertical expansion or horizontal expansion to second floor. Buyers are encouraged to consult with an architect for further details and possibilities. Don’t miss this rare opportunity to own a income-generating property. Schedule your private showing today!

See more

Commercial Pending

Price

$ 1,299,000

Property Type

Commercial

Taxes

$ 9,230

Style

Mixed Use

Lot Size

0.036731

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

493734

Features
Interior
Heating Fuel Electric Gas
Walls Masonry Sheet Rock
Flooring Hardwood Tile
Hot Water Gas
See more
General
Ceiling Height 8-10 Foot
Roof Flat
Zoning R5
Electric 220 V
Stories Count 2
Property Type Mixed Use
Yearly Taxes 9230.60
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Pending
Construction Materials Brick
Cumulative Days on Market 1083
MLS Area Bensonhurst
Sub Type Mixed Use
Year Built 1931
City Brooklyn
DOM 120
# Families 1
Public Remarks PRIME MIXED-USE GEM IN THE HEART OF THE BEDSONHURST! FULLY RENOVATED WITH IMMEDIATE RENTAL INCOME! Welcome to this fully updated mixed-use property—an exceptional investment opportunity featuring a
See more
Exterior
Exterior Brick Brick Face
Lot Dimensions 20x80
Foundation Poured Concrete
Parking Attrib None
See more
Internal Only
Originating MLS Brooklyn New York MLS
See more
* Excluded Features
List By
Re/Max Edge

Broker

(929) 291-9897

Phone

Affordability Calculator

$8,873
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,104
Monthly Property Taxes
$769
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2025$1,299,000 Listed Price

Map


See all

7420 20th Avenue, Brooklyn, NY, 11204 is a Commercial Property for sale at $1,299,000 with 2,400 sqft and a lot size of 0.036731. 7420 20th Avenue was built in 1931. The property's zip code is 11204 which is in Brooklyn, NY