7201 20th Avenue, Brooklyn, New York 11204

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List Price
$2,750,000
Status
ACTIVE
MLS#
502056
Sq. Ft
5,400
Year Built
1927

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.

Additional Information

Stories
3
Lot Size
2,000
Flooring
Hardwood, Tile
Basement
Full
Heating
Gas

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Calculator source: Real Geeks

Listing courtesy of Tiger Realty.