20 AVE T BLDG
Brooklyn, NY, 11223 $ 1,695,000
Bedrooms2 Baths2.1 Sq 2,318 Monthly Estimate*
$ 10,436
for $1,695,000 with 2 bedrooms and 2 full baths, 1 half bath. This 2,318 square foot apartment was built in 1931.
6.5% Projеctеd Caр Ratе ‐ Frеe Market & Delіvеrеd Vаcаnt
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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List ByChristopher DelCoreListing Agent
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- Monthly Principal & Interest
- $10,436
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Default based on a 30-year fixed rate of 6.25% 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 NearbyAbout Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
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0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/13/2026 | $1,695,000 | | Listed Price |