Mixed-Use Building with
6121 20th Avenue, Brooklyn, NY 11204
For Sale
$2,050,000
A brick property combines commercial space with a second-floor residence and finished basement.
Property Size1,800 SF
Lot Size0.05 Acres
Price / SF$1,138
Days on Market73
Property Features for 6121 20th Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Mixed-Use Components
Amenities
5+
Ceramic,Hardwood,Tile,Other
Gas
2
1800
Finished,Full,Separate Entrance
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 2:30PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1931, this 1,800-square-foot brick mixed-use property has a 20-by-80-foot building footprint on a 20-by-100-foot lot. The second floor contains a three-bedroom, one-bathroom apartment. A finished basement with a separate entrance adds to the building’s interior configuration.
Building systems include split HVAC units for heating and cooling, a rubber roof, high-capacity electrical service, and a newly installed sewer line. The property is zoned R5 and is located at 6121 20th Avenue in Brooklyn.
Building systems include split HVAC units for heating and cooling, a rubber roof, high-capacity electrical service, and a newly installed sewer line. The property is zoned R5 and is located at 6121 20th Avenue in Brooklyn.
Key Highlights
- 1,800‑square‑foot brick mixed‑use building on a 20‑by‑100‑foot lot
- Second‑floor apartment with 3 bedrooms and 1 full bathroom
- Finished basement with separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,318
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,726,360
$1.7M
Cap Rate 7%
$1,233,114
$1.2M
Cap Rate 9%
$959,089
$959.1K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$140.0K $77.76/SF
− Vacancy
−$16.7K −$9.25/SF
EGI
$123.3K $68.51/SF
− OpEx
−$37.0K −$20.55/SF
NOI
$86.3K $47.95/SF
Area
Brooklyn, NY
Vacancy
11.90%
Lease Rate
$77.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,726,360
Cap Rate 7%
$1,233,114
Cap Rate 9%
$959,089
Alternative Uses
Best Use
Retail
$1.23M
$1.08M – $1.44M
NOI $86,318 @ 7.0% cap · market cap 4.21%
Second Best
Mixed Use
$933.4K
$816.8K – $1.09M
NOI $65,340 @ 7.0% cap · market cap 3.19%
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,916
Businesses Nearby
170k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 33%
Electronics 8%
Groceries 6%
McDonald's
Dining
24,219 visits/mo
0.4 miles
Starbucks
Dining
21,059 visits/mo
0.4 miles
Dollar Tree
Shops & Services
20,655 visits/mo
0.3 miles
Mobil
Shops & Services
16,817 visits/mo
0.5 miles
Chase Bank
Shops & Services
13,520 visits/mo
0.4 miles
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
$1,097,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A brick property combines commercial space with a second-floor residence and finished basement.
Where is this mixed-use property located?
The property is located at 6121 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: 1,800‑square‑foot brick mixed‑use building on a 20‑by‑100‑foot lot; Second‑floor apartment with 3 bedrooms and 1 full bathroom; Finished basement with separate entrance
