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$1,695,000
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Property Description
6.5% Projected Cap Rate - Free Market & Delivered Vacant Turn-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 6% upon stabilization. Positioned at the crossroads of Gravesend and Bensonhurst, the building sits on a quiet residential block just moments from the vibrant 86th Street commercial corridor. Transportation is exceptional: the D train at 25th Avenue/86th Street is just a half block away, the N train at Avenue T & West 9th Street is approximately a 6-minute walk, and the B1, B3, and B4 buses are all within a half block. Neighborhood highlights include nearby shopping, restaurants, and local favorites such as L&B Spumoni Gardens just two blocks away. A rare opportunity to acquire a fully vacant, income-producing asset in one of South Brooklyn's most established and transit-accessible neighborhoods. Please reach out directly for financial information, questions, or to schedule a tour.
Full Property Details
Full Property Details for 20 Avenue T #BLDG
General
- Price: $1,695,000
- HOA FEE: $1/month
- Status: Active
- Type: Apartment
- Source: REBNY
- MLS ID: RLS20090841
- Updated: 5/13/2026
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Building None
Exterior
- Exterior Features: Private Outdoor Space Over 60 Sqft
- Porch/Patio/Deck: Patio
Location
- County: Kings
- Subdivision: Gravesend
Heating & Cooling
- Cooling Type: Ductless
Structural Information
- Architectural Style: Walk-Up
- Basement Desc.: Other
- Stories/Levels: 2
- Square Feet: 2,318
- Living Area: 2,318 Sq. Ft.
- Current Bldg. Use: Investment
- Year Built: 1931
Lot Features
- Property View: Other
Financial Considerations
- Association Fee: $1
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Block: 7092
- Lot Number: 9
Listing Courtesy of Corcoran Group
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Schools
Schools serving 20 Avenue T #BLDG
School District:New York City Geographic School District 21
| Name | Grades | Distance |
|---|---|---|
Ps 95 The Gravesend 345 Van Sicklen Street, Brooklyn, NY 11223 | K-8 | 0.5 mi |
Is 228 David A Boody 228 Avenue S, Brooklyn, NY 11223 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 Avenue T #BLDG
Date
Details
Price
Change
Source
2/26/2026
Listed
$1,695,000
78.42%
MLS
12/28/2017
Sold
$950,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20 Avenue T #BLDG
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,050
—
$85,740
241%
2025
$5,050
1%
$25,142
-66%
2024
$5,012
6%
$73,320
1%
2023
$4,728
5%
$72,780
27%
2022
$4,510
-49%
$57,120
17%
2021
$8,819
99%
$48,900
58%
2020
$4,435
1%
$30,960
15%
2019
$4,401
32%
$26,940
37%
2017
$3,334
—
$19,617
6%
2017
$3,334
117%
$18,507
6%
2016
$1,535
3%
$17,460
—
2015
$1,493
266%
$17,460
—
2014
$408
-77%
$17,460
—
2013
$1,791
—
$17,460
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20 Avenue T #BLDG
20 Ave T #BLDG, Brooklyn, NY 11223 (MLS# RLS20090841) is a Apartment property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 20 Ave T #BLDG is currently listed for $1,695,000 and was received on February 26, 2026. Want to learn more about 20 Ave T #BLDG? Do you have questions about finding other Apartment real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

