20 AVE T, New York City, NY 11223
  • $1,695,000

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: 20 AVE T
  • City: New York City
  • State/county: NY
  • Zip/Postal Code: 11223
  • Area: Gravesend

Details

Updated on May 13, 2026 at 4:04 pm
  • Property ID RLS20090841
  • Price $1,695,000
  • Bedrooms 2
  • Rooms 6
  • Bathrooms 3
  • Garage Size x x
  • Year Built 1931
  • Type Apartment, Residential
  • Property Status Active, For Sale

Additional details

  • Association Fee 1.0
  • Cooling Ductless
  • County Kings
  • Property Type Residential
  • Architectural Style Walk-Up

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Contact Information

Digs Realty Group

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