Mixed-Use Building in
6215 20th Avenue Brooklyn, NY 11204
6215 20th Avenue, Brooklyn, NY, 11204
$2,080,000
For Sale
$2,080,000
Mixed-use building listed for sale in Brooklyn, presented in excellent condition with no leases.
Property Size3,000 SF
Price / SF$693.33
Days on Market92
Property Features for 6215 20th Avenue
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1920
Listing agency
Tiger Realty
(917) 708-9966
Listed by
Yan Jin (Eva) Ye · License #yjy2488
(917) 708-9966
Source
Compass
Added: Apr 22 Updated: Jul 20 at 11:50PM Checked: Jul 22 at 8:58AM
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
Investment Insights
Based on property information with market context.
This mixed-use building is offered for sale and is reported to be in excellent condition. The property is described as having no leases in place, which may appeal to buyers seeking flexibility with future tenancy.
The asset is located at 6215 20th Avenue in Brooklyn, NY 11204. The seller highlights the building’s location in the heart of Benonshurst.
Based on the information provided, the property is a mixed-use commercial real estate building with a total size of 3,000 square feet.
The asset is located at 6215 20th Avenue in Brooklyn, NY 11204. The seller highlights the building’s location in the heart of Benonshurst.
Based on the information provided, the property is a mixed-use commercial real estate building with a total size of 3,000 square feet.
Key Highlights
- Mixed‑use building with 3 units
- Brick construction and poured concrete foundation
- Finished full basement
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $198.0k | $66.00 |
| − Vacancy | −$23.8k | −$7.92 |
| EGI | $174.2k | $58.08 |
| − OpEx | −$65.3k | −$21.78 |
| NOI | $108.9k | $36.30 |
3,000 SF · lease $66.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.56M
$1.36M – $1.82M
NOI $108,900 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Qi Xin Physical ...
Medical Clinic
Latin American Barber ...
Barber Shop
Yuan Si Inc
Physician
Namyoung Baek
Physician
Hun Kwon
Physician
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FAQs
What type of property is this?
Mixed-use property - Mixed-use building listed for sale in Brooklyn, presented in excellent condition with no leases.
Where is this mixed-use property located?
The property is located at 6215 20th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: Mixed‑use building with 3 units; Brick construction and poured concrete foundation; Finished full basement
