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Status: Active

20 AVE T, #BLDG

Bensonhurst East

$1,695,000
 |  2 Beds  |  2.5 Baths  |  2,318SF

Description

6.5% Projected 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, ...
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Property Details

  • Condo

Amenities

  • Private Outdoor Space Over60 Sqft
  • Cooling: Ductless
  • Patio
  • View: Other
  • Pets: Building No, No

The Neighborhood

Bensonhurst
East
Bensonhurst East

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For information on 20 AVE T, #BLDG contact:

realtor top real estate agent

Carlo Fortunato

Licensed RE Salesperson

718-757-8420

Licensed RE Salesperson
Sales@brickandmortar.com
718-757-8420

Listing courtesy of Corcoran Group
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