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About This Home
This 0-bedroom, 0-bathroom single family at 120 Avenue T in Brooklyn, NY is listed for $1,799,999 ($562 per sqft). Built in 1931, the home offers 3,200 sqft of living space on a 0.04 acres lot.
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 enhancin
g 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 r
enovation 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
Key Features
- Built in 1931
- 0.04 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$9,627/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
120 Avenue T
Brooklyn, NY 11223
Property Details
Flooring
Construction
Parking
Questions & Answers
This 0-bedroom, 0-bathroom single family at 120 Avenue T is listed at $1,799,999 ($562/sqft). The estimated monthly payment is $7,800 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 0.04 acre lot, 2 stories.
This property is listed by Diana Melerud and can be reached at (347) 554-8282 or diana.melerud@gmail.com.
