COMMERCIAL
Address: ‎120 Avenue T
Zip Code: 11223
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$2,000,000
ID # 491033
English
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Superior Realty Service Office: ‍347-554-8282

$2,000,000 - 120 Avenue T, Gravesend, New York 11223|ID # 491033

ID #‎ 491033
Construction Year1931
Taxes
(per year)
$23,940
Basement Semi-
Bus3 min: B3
4 min: B1, B4
10 min: B82
Subway2 min: N
6 min: D
8 min: F
LIRR5.8 miles: "Nostrand Avenue"
5.9 miles: "Atlantic Terminal"
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房屋英文概況 English 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

Courtesy of Superior Realty Service

公司: ‍347-554-8282




$2,000,000
COMMERCIAL
ID # 491033
‎120 Avenue T
Brooklyn, New York 11223


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