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$2,750,000
Est. payment /mo
5,400 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $509
MLS Listing ID 502056
Year Built 1927
Annual Tax Amount $36,349
Property Sub-Type Mixed Use
Property Description
Great Investment Opportunity - 7201 20th Ave, Bensonhurst.
Prime mixed-use investment property featuring a 20x85 building on a 20x100 lot. The property consists of 5 free-market 2-bedroom apartments and 1 ground-floor retail space, providing strong and diversified income.
Tenants pay their own heat, electric, and gas. Recent upgrades include new boilers and individual hot water heaters. Offering a 6.1% gross cap rate and 4.3% net cap rate, this is a turnkey asset with solid cash flow and future upside.
Excellent Bensonhurst location on busy 20th Avenue with strong foot traffic, transportation, shopping, and dining nearby. Perfect for investors seeking stable income and long-term growth.
Prime mixed-use investment property featuring a 20x85 building on a 20x100 lot. The property consists of 5 free-market 2-bedroom apartments and 1 ground-floor retail space, providing strong and diversified income.
Tenants pay their own heat, electric, and gas. Recent upgrades include new boilers and individual hot water heaters. Offering a 6.1% gross cap rate and 4.3% net cap rate, this is a turnkey asset with solid cash flow and future upside.
Excellent Bensonhurst location on busy 20th Avenue with strong foot traffic, transportation, shopping, and dining nearby. Perfect for investors seeking stable income and long-term growth.
Location
State NY
County Kings (brooklyn)
Area Bensonhurst
Zoning R5
Rooms
Basement Full
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Hardwood, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing Bank Mortgage,Cash
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Listed by Tiger Realty
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716