Brick Mixed-Use
6117 20th Avenue, Brooklyn, NY 11204
For Sale
$2,050,000
A second-floor apartment and finished basement complement the building’s commercial space.
Property Size1,800 SF
Lot Size0.05 Acres
Price / SF$1,138
Days on Market73
Property Features for 6117 20th Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Utilities to Site
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Amenities
finished basement
split HVAC systems
newly installed sewer line
rubber roof
high-capacity electrical service
5+
Hardwood,Marble,Parquet,Other
Gas
2
1800
Electric
Finished,Full
Back
Brick
2000
Poured Concrete
20.00
20
80.00
100
Yes
Building Details
Year Built
Buildings
Stories
Construction
Listing Agency:
Tiger Realty
Listed By:
Emily Hui Chen-Liang · License NY HTL8672
(917) 708-9966
Source:
Suitsre
Added: Aug 31
Changed: Nov 10
Last Checked: Nov 10 at 2:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tiger Realty
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Investment Insights
Based on property information with market context.
This brick mixed-use property has a finished basement and a second-floor apartment with three bedrooms and one full bath. Split HVAC systems provide heating and cooling, and the building also has a rubber roof, high-capacity electrical service, and a recently installed sewer line. The building measures 20' × 80' on a 20' × 100' lot and is zoned R5. The property may be acquired individually or included in a package with 6115, 6117, and 6121 20th Ave.
Key Highlights
- Second‑floor apartment with 3 bedrooms and 1 full bath
- 20' × 80' building on a 20' × 100' lot
- Finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,340
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,306,800
$1.3M
Cap Rate 7%
$933,429
$933.4K
Cap Rate 9%
$726,000
$726.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$118.8K $66.00/SF
− Vacancy
−$14.3K −$7.92/SF
EGI
$104.5K $58.08/SF
− OpEx
−$39.2K −$21.78/SF
NOI
$65.3K $36.30/SF
Area
Brooklyn, NY
Vacancy
12.00%
Lease Rate
$66.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,306,800
Cap Rate 7%
$933,429
Cap Rate 9%
$726,000
Alternative Uses
Best Use
Mixed Use
$933.4K
$816.8K – $1.09M
NOI $65,340 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.49M
$1.30M – $1.74M
NOI $104,328 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,916
Businesses Nearby
Explore this area
Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Frequently Asked Questions
What type of property is this?
Mixed-use property - A second-floor apartment and finished basement complement the building’s commercial space.
Where is this mixed-use property located?
The property is located at 6117 20th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Second‑floor apartment with 3 bedrooms and 1 full bath; 20' × 80' building on a 20' × 100' lot; Finished basement
