7201 20th Avenue
Bensonhurst | 72nd St & 73rd St
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
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.
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.
Listing Courtesy of Tiger Realty
Care to take a look at this property?
Apartment Features
Exposed Bricks
Hardwood Floors
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]
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: 502056