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, 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.
Address
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Address: 20 AVE T
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City: New York City
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State/county: NY
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Zip/Postal Code: 11223
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Area: Gravesend
Details
Updated on May 13, 2026 at 4:04 pm-
Property ID RLS20090841
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Price $1,695,000
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Bedrooms 2
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Rooms 6
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Bathrooms 3
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Garage Size x x
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Year Built 1931
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Type Apartment, Residential
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Property Status Active, For Sale
Additional details
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Association Fee 1.0
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Cooling Ductless
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County Kings
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Property Type Residential
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Architectural Style Walk-Up
Features
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