NY > Brooklyn
Brooklyn, NY 11223,120 Avenue T
Brooklyn, NY 11223,120 Avenue T
Brooklyn, NY 11223,120 Avenue T
Brooklyn, NY 11223,120 Avenue T
Brooklyn, NY 11223,120 Avenue T
Brooklyn, NY 11223,120 Avenue T
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
30
Dec
Wed
31
Dec
2026
1
Jan
Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603
$ 1,950,000
Est. payment | /mo

3,200 SqFt

Save
$ 1,950,000
Est. payment | /mo
Save

3,200 SqFt

Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $609

MLS Listing ID 491033

Year Built 1931

Annual Tax Amount $23,940

Property Sub-Type Mixed Use

Property Description

INVESTMENT OPPORTUNITY: Mixed-Use Property in Prime Brooklyn Location
This fully renovated mixed-use brick building presents an exceptional investment opportunity in the desirable Gravesend-Bensonhurst area of Brooklyn. The property features a strategic combination of residential and commercial spaces designed to maximize rental income potential.
PROPERTY SPECIFICATIONS:
• Building Type: Semi-attached brick construction
• Configuration: Mixed-use with residential and retail components
• Total Units: Four income-generating spaces
• Basement: Semi-finished with expansion potential
RESIDENTIAL COMPONENT:
• Two well-appointed 2-bedroom apartments on second floor
• Large balcony feature enhancing tenant appeal in one of the apartments
• Fully renovated living spaces with modern finishes
• Combined monthly rental income: $6,000 ($3,000 each)
COMMERCIAL COMPONENT:
• Two ground-floor retail spaces
• Store 1: $3,500 monthly rent
• Store 2: $3,500 monthly rent
• Street-level visibility in high-traffic corridor
RECENT IMPROVEMENTS:
• Complete renovation from foundation to roof
• Updated electrical and plumbing systems throughout
• Modern LED lighting installation
• New windows and doors
• Contemporary appliances
• Basement infrastructure upgrades including new boiler and water heater
• Roof replacement
FINANCIAL PERFORMANCE:
• Gross Monthly Income: $13,000
• Diversified revenue streams across residential and commercial tenants
• Established rental rates reflecting current market conditions
• Strong cash flow generation from fully occupied property

Location

State NY

County Kings (brooklyn)

Area Gravesend

Zoning R5B

Rooms

Basement Semi-Finished

Interior

Interior Features Lobby

Hot Water Gas

Heating Gas

Flooring Ceramic, Laminate

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Flat

Handicap Access Yes

Building

Story 2

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by Superior Realty Service

GET MORE INFORMATION

Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

Name

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Real Broker NY LLC Real Broker LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

S C H E DU L E Y O U R  F R E E  T O U R

120 Avenue T

Q U I C K   S E A R C H :
VIEW MORE