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This property has been sold, rented, or removed from the market. The information below is kept for reference.
$1,450,000
Off Market
10 days on market
20 Ave T
📍 Gravesend, Brooklyn, NY 11223
2.0
Beds
2.5
Baths
2,318
Sqft
$626
Per sqft
1931
Year built
Condo/Co-op
Type
About this property
7.4% Cap Rate - Free Market & Delivered VacantTurn-key and meticulously maintained, 20 Avenue T is a fully renovated mixed-use property delivered vacant, offering immediate flexibility for investors or end users alike. The property features a ground-floor commercial space with direct access to a private backyard and full basement with 7'2" ceiling height. Above, two fully renovated, free-market one-bedroom apartments provide strong rental appeal and efficient layouts. With low operating expenses and high rental potential, the property projects to a cap rate over 7.35% upon stabilization. Updated building systems. All units direct metered. Positioned at the crossroads of Gravesend
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Amenities & features
Key facts
Private backyard
Full basement
Built 1931
Property details
Property typeCondo/Co-op
Listing statusOff Market
Year built1931
Days on market10 days
MLS #RLS20123286
Estimated monthly payment
Listing price$1,450,000
Down payment (20%)$290,000
Loan amount$1,160,000
Principal & interest (7%, 30yr)$7,717/mo
Property tax (est.)$1,410/mo
Home insurance (est.)$604/mo
Estimated total$9,731/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.
