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7201 20th Avenue, Brooklyn, New York, 11204

$2,750,000

0

Beds

Bathrooms

5,400

Building Sqft

0.05

Acres

2,000

Lot Sqft

About 7201 20th Avenue

Presenting a rare opportunity to acquire a fully free-market, income-producing mixed-use property in the heart of Bensonhurst. This well-maintained building features five spacious residential units, each configured as 2-bedroom apartments, along with one ground-floor retail space, offering strong and diversified income potential.

Each residential unit is generously sized, providing comfortable layouts that appeal to long-term tenants. All apartments are free market, allowing for continued rental growth and flexibility. Tenants are responsible for their own heat, electricity, and cooking gas, significantly reducing owner expenses and increasing net operating income.

The property has been thoughtfully updated with brand new boilers and individual hot water heaters for each unit, ensuring efficiency, reliability, and reduced maintenance concerns for years to come.

With a gross cap rate of 6.3% and a net cap rate of 4.3%, this asset presents a solid return in one of Brooklyn’s most established and high-demand neighborhoods.

Located on a busy corridor along 20th Avenue, the property benefits from excellent foot traffic, strong retail visibility, and convenient access to transportation, shopping, and dining—making it highly attractive for both residential and commercial tenants.

This property offers a compelling combination of stable income, upside potential, and prime Brooklyn location.

Features of 7201 20th Avenue

MLS® #
500312
Acres
0.05
Type
Mixed Use
Price
$2,750,000
Square Footage
5,400
Year Built
1927
Sub-Type
Mixed Use

Community Information

Address
7201 20th Avenue
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11204

Listing Information

Agent Name
Mina Abusafe
Agent Office
Real Broker NY LLC

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