Brooklyn, NY 11204,7420 20th AVE
Brooklyn, NY 11204,7420 20th AVE
Brooklyn, NY 11204,7420 20th AVE
Brooklyn, NY 11204,7420 20th AVE
Brooklyn, NY 11204,7420 20th AVE
Brooklyn, NY 11204,7420 20th AVE
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2026
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$ 1,299,000
Est. payment | /mo

2,400 SqFt


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$ 1,299,000
Est. payment | /mo
Save

2,400 SqFt

Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $541

MLS Listing ID 493734

Year Built 1931

Annual Tax Amount $9,230

Lot Dimensions 20x80

Property Sub-Type Mixed Use

Property Description

PRIME MIXED-USE GEM IN THE HEART OF THE BEDSONHURST! FULLY RENOVATED WITH IMMEDIATE RENTAL INCOME!
Welcome to this fully updated mixed-use property—an exceptional investment opportunity featuring a ground-level commercial storefront and an upper-level residential unit, both generating immediate rental income. EACH TENANT IS RESPONSIBLE FOR THEIR OWN UTILITIES, ENSURING LOW OPERATING COSTS FOR THE OWNER.The first floor measures 20' x 75', with the second floor at 20' x 45', on a 20' x 80' lot. Annual property taxes are impressively low at just $9,230.60.
The first floor is occupied by a well-established nail salon that has successfully operated for over 15 years.
The second-floor residential unit features a spacious three-bedroom layout, complete with a granite tiled bathroom, a formal dining room, and a bright, comfortable living room. Modern upgrades include radiant floor heating and central A/C, ensuring year-round comfort.
A fully finished basement with high ceilings offers additional functional space—ideal for storage, recreation, or flexible use. Tenants pay their own utilities, and the property has been meticulously renovated from top to bottom. It's truly move-in ready and already generating reliable rental income.
Additionally, under the new “City of Yes” zoning initiative, there may be potential for vertical expansion or horizontal expansion to second floor. Buyers are encouraged to consult with an architect for further details and possibilities.
Don't miss this rare opportunity to own a income-generating property. Schedule your private showing today!

Location

State NY

County Kings (brooklyn)

Area Bensonhurst

Zoning R5

Rooms

Basement Finished, Full

Interior

Interior Features Restrooms - Staff, Other

Hot Water Gas

Heating Electric, Gas

Flooring Hardwood, Tile

Heat Source Electric, Gas

Exterior

Exterior Feature Brick, Brick Face

Roof Type Flat

Building

Story 2

Foundation Poured Concrete

Others

Energy Description Electric,Gas

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by RE/MAX Edge

GET MORE INFORMATION

Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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7420 20th AVE