$2,750,000

Estimated payment $17,970/month

Total Views 2,889
-- Bed
-- Bath
5,400 Sq Ft
$509 Price per Sq Ft

Highlights

  • Wood Flooring
  • P.S. 186 Dr. Irving A. Gladstone Elementary School Rated 9+
  • Hot Water Heating System

About This Home

Great Investment Opportunity - 7201 20th Ave, Bensonhurst. Prime mixed-use investment property featuring a 20x85 building on a 20x100 lot. The property consists of 5 free-market 2-bedroom apartments and 1 ground-floor retail space, providing strong and diversified income. Tenants pay their own heat, electric, and gas. Recent upgrades include new boilers and individual hot water heaters. Offering a 6.1% gross cap rate and 4.3% net cap rate, this is a turnkey asset with solid cash flow and future upside. Excellent Bensonhurst location on busy 20th Avenue with strong foot traffic, transportation, shopping, and dining nearby. Perfect for investors seeking stable income and long-term growth.

Listing Agent

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 06/10/2026

RE/MAX Real Estate Professionals

Co-Listing Agent

Franklin Shan

Tiger Realty

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
  • Poured Concrete

Interior Spaces

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

Flooring

  • Wood
  • Tile

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6196

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $6,500
  • Utility Expense $600
  • Gross Income $169,200
  • Net Operating Income $120,951

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
  • Borough: Brooklyn
  • Building Length: 85.00
  • Building Width: 20.00
  • Co List Office Mls Id: 120260
  • Co List Office Phone: (917) 708-9966
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 72nd St
  • Cross Street Name2: 73rd St
  • Heat Delivery: Hot Water
  • 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: None
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 10
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

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

Multi Family

  • Annual Gross Expense: 48249.00
  • Annual Gross Income: 169200
  • Insurance Expense: 6500.00
  • Property Net Operating Income: 120951.00
  • Unit Count: 6
  • Annual Utility Expenses: 600.00

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2026 06/10/26 For Sale $2,750,000 -- $509 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $650,000 Unknown
Closed $73,178 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 502056

Brooklyn Board of REALTORS®

APN: 06196-0010

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