$2,000,000

120 Avenue T Brooklyn, NY 11223

Gravesend Neighborhood

Estimated payment $12,808/month

Total Views 1,803
-- Bed
-- Bath
3,200 Sq Ft
$625 Price per Sq Ft

Highlights

  • 1 Car Attached Garage
  • 3-minute walk to Avenue U (N Line)
  • Ceramic Tile Flooring
  • P.S. 95 - The Gravesend Rated A-
  • Handicap Accessible
  • Ceiling height of 10 feet or more

About This Home

Mixed use brick building for sale. Two 2 bedroom apartments on the 2nd floor and 2 stores on the 1st floor, semi-finished basement.
The house is brick, semi-attached fully renovated top to bottom with high rents, large balcony off the bedroom on the 2nd floor. The roof is updated. The plumbing, electric, walls, floors, high hat lights are fully updated. There are updated appliances, updated windows and doors, the basement has updated boiler and water heater. The building has very good income of over $12,500K per month. One of the stores $3000 mth, another $4500 mth, the apartments give over 5K mth. Don't miss!

Listing Agent

Diana Melerud

Listed on: 04/22/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $23,940

Year Built

  • Built in 1931

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Property is zoned R5B

Parking

  • 1 Car Attached Garage

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling height of 10 feet or more
  • Partially Finished Basement

Flooring

  • Laminate
  • Ceramic Tile

Accessible Home Design

  • Handicap Accessible

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7096

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $5,000
  • Utility Expense $300
  • Gross Income $150,000

Property Details

Property Type

Other

Est. Annual Taxes

$23,940

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1600
  • Building Length: 80.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: Lobby
  • Confirmed By M L S Y N: Yes
  • Cross Street: W 9 St
  • Cross Street Name2: W 10 St
  • Handicap Access Y N U: Yes
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 2
  • Parking Attributes: 1 Space, Built-In Garage
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3200
  • Building Stories: 2
  • Street Name I D X: Avenue T
  • Street Number I D X: 120
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Ceiling: 11-15 Foot
  • Flooring: Ceramic, Laminate
  • Lot Sq Ft: 1600
  • Walls: Sheet Rock

Exterior Features

  • Yard: None
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 10
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20
  • Zoning: R5B

Rental Info

  • Rent Income: 150000

Multi Family

  • Annual Gross Expense: 31250.00
  • Annual Gross Income: 150000
  • Unit Count: 2
  • Annual Utility Expenses: 300.00

Tax Info

  • Flip Tax Amount: 23940.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,944 $303,300 $92,700 $210,600
2024 $23,944 $302,940 $92,700 $210,240
2023 $21,754 $252,450 $92,700 $159,750
2022 $20,090 $314,550 $92,700 $221,850
2021 $20,143 $322,605 $92,700 $229,905
2020 $15,107 $260,820 $92,700 $168,120
2019 $18,581 $260,820 $92,700 $168,120
2018 $17,350 $136,412 $58,180 $78,232
2017 $16,065 $126,310 $56,442 $69,868
2016 $16,284 $126,310 $62,248 $64,062
2015 $9,789 $122,392 $66,175 $56,217
2014 $9,789 $113,327 $70,958 $42,369
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 For Sale $2,000,000 -- $625 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $260,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,000 Commercial
Open $420,000 Commercial
Closed $172,500 Commercial
Closed $225,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 491033

Brooklyn Board of REALTORS®

APN: 07096-0010

New York Kings County Brooklyn 11223 Gravesend

120 Avenue T, Brooklyn, NY

This home is located at 120 Avenue T, Brooklyn, NY 11223 and is currently priced at $2,000,000, approximately $625 per square foot. This property was built in 1931. 120 Avenue T is a home located in Kings County with nearby schools including P.S. 95 - The Gravesend, Is 228 David A Boody, and Success Academy Charter School - Bensonhurst.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Listing Agent
Diana Melerud