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    2020 Avenue X Brooklyn, NY 11235

    For Sale
    $1,250,000

    Mixed-use property with retail space and residential units in Brooklyn.

    Lot size:
    0.05 Acres

    Property Features for 2020 Avenue X

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1925

    Source: RE/MAX Edge Agent Kelly Wu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Sheepshead Bay

    This mixed-use property is located in the Sheepshead Bay neighborhood. The building offers a combination of residential and commercial spaces. The ground-level commercial space is suitable for any retail business and has excellent visibility. The second floor features two residential units. The front unit includes 2 bedrooms and 1 bathroom, while the rear unit offers 1 bedroom and 1 bathroom. Additional features include a basement, ideal for storage, and a private backyard. The building size is 20x65 over a lot size of 20x100. The property is surrounded by businesses, including restaurants, supermarkets, and playgrounds. It is easily accessible via public transportation, including the B49 and BM3 buses and the Q train.
    Location Intelligence

    Current Use by Public Records

    Ukrainian Orthodox Church ... Christian Church Omnilife - Seytú DMI ... Health And Beauty Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.94943
    Latitude
    40.59257

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail space and residential units in Brooklyn.
    Where is this mixed-use property located?
    The property is located at 2020 Avenue X Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Mixed-use property with commercial space and two residential units; - Prime location in Sheepshead Bay, surrounded by businesses and amenities; - Excellent visibility for the ground-level commercial space
    (718) 612-3088
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    2020 Avenue X Brooklyn, NY 11235
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    Brooklyn, NY 11235
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2020 Avenue X Brooklyn, NY 11235
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