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  2. 7201 20th Avenue
  • 7201 20th Avenue
  • $ 2,750,000
7201 20th Avenue Bensonhurst Brooklyn NY 11204
7201 20th Avenue Bensonhurst Brooklyn NY 11204

7201 20th Avenue

Bensonhurst   |   72nd St & 73rd St

Building For Sale
$ 2,750,000
Ownership Mixed Use
Lot Size 20'x100'
Status Active
Real Estate Taxes [Per Annum] $ 36,349
Building Size 20'x85'
Year Built 1927
ASF/ASM 5,400/502
 
7201 20th Avenue Bensonhurst Brooklyn NY 11204

Property Description

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.
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.

Listing Courtesy of Real Broker NY LLC

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

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Apartment Features

Exposed Bricks
Hardwood Floors
7201 20th Avenue Bensonhurst Brooklyn NY 11204

Building Details [7201 20th Avenue]

Ownership Mixed Use
Block/Lot 6196/10
Building Size 20'x85'
Zoning R5
Year Built 1927
Floors 3
Lot Size 20'x100'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 500312