$2,750,000

Estimated payment $17,710/month

Total Views 1,811
-- Bed
-- Bath
5,400 Sq Ft
$509 Price per Sq Ft

About This Home

Presenting a rare opportunity to acquire a fully free-market, income-producing mixed-use property in the heart of Bensonhurst. This well-maintained building features five spacious residential units, each configured as 2-bedroom apartments, along with one ground-floor retail space, offering strong and diversified income potential. Each residential unit is generously sized, providing comfortable layouts that appeal to long-term tenants. All apartments are free market, allowing for continued rental growth and flexibility. Tenants are responsible for their own heat, electricity, and cooking gas, significantly reducing owner expenses and increasing net operating income. The property has been thoughtfully updated with brand new boilers and individual hot water heaters for each unit, ensuring efficiency, reliability, and reduced maintenance concerns for years to come. With a gross cap rate of 6.3% and a net cap rate of 4.3%, this asset presents a solid return in one of Brooklyn’s most established and high-demand neighborhoods. Located on a busy corridor along 20th Avenue, the property benefits from excellent foot traffic, strong retail visibility, and convenient access to transportation, shopping, and dining—making it highly attractive for both residential and commercial tenants. This property offers a compelling combination of stable income, upside potential, and prime Brooklyn location.

Listing Agent

Mina Abusafe

Real Broker NY LLC Listed on: 04/08/2026

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $36,349

Year Built

  • Built in 1927

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Property is zoned R5

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 5,400 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6196

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $7,000
  • Utility Expense $1,000
  • Gross Income $198,000

Property Details

Property Type

Other

Est. Annual Taxes

$36,349

Year Built

Built in 1927

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Length: 85.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under, Guttering, Sign - Building, Storm Drains, Other
  • Commercial Features Interior: Fire - Smoke Alarm, Kitchen, Living Space Available
  • Confirmed By M L S Y N: Yes
  • Cross Street: 72nd St
  • Cross Street Name2: 73rd St
  • Heat Delivery: Baseboard, Other
  • Number Of Families: 5
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 5400
  • Building Stories: 3
  • Street Name I D X: 20th
  • Year Built: 1927
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Other, None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Slab Concrete, Other
  • Lot Number: 10
  • Roof: Asphalt/Tar, Flat, Other

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Gas, Other
  • Hot Water: Gas, Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Rental Info

  • Rent Income: 198000

Multi Family

  • Annual Gross Expense: 48000.00
  • Annual Gross Income: 198000
  • Insurance Expense: 7000.00
  • Unit Count: 6
  • Annual Utility Expenses: 1000.00

Tax Info

  • Flip Tax Amount: 36349.00

Map

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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
2026 $36,708 $597,150 $19,800 $577,350
2025 $34,140 $497,700 $19,800 $477,900
2024 $34,140 $414,720 $19,800 $394,920
2023 $31,020 $345,600 $19,800 $325,800
2022 $29,849 $432,000 $19,800 $412,200
2021 $27,710 $398,250 $19,800 $378,450
2019 $26,492 $440,550 $19,800 $420,750
2018 $24,741 $194,519 $9,660 $184,859
2017 $23,869 $187,664 $10,426 $177,238
2016 $22,402 $173,763 $10,648 $163,115
2015 $14,544 $173,763 $10,531 $163,232
2014 $14,544 $161,583 $11,751 $149,832
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2026 04/08/26 For Sale $2,750,000 -- $509 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 500312

Brooklyn Board of REALTORS®

APN: 06196-0010

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