Mixed-Use Building with
7017 20th Avenue Brooklyn, NY 11204
7017 20th Avenue, Brooklyn, NY, 11204
$1,468,000
Pending
For Sale
$1,468,000
Pending
Well-maintained building with one storefront and two residential units plus a full basement with front and rear access.
Property Size2,720 SF
Lot Size0.05 Acres
Days on Market49
Property Features for 7017 20th Avenue
General Information
- Standard status
- Pending
- Size
- 2,720 SF
- Lot size
- 0.05 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1931
Listing agency
ProBase Real Estate
(718) 210-2727
Listed by
Chun Hung (Leo) Tse · License #ct7740
(718) 210-2727
Source
Compass
Added: Jun 4 Updated: Jul 21 at 10:34AM Checked: Jul 22 at 11:15AM
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 ProBase Real Estate
Investment Insights
Based on property information with market context.
This mixed-use building includes one ground-floor retail storefront and two residential apartments on the second floor. The property also features a full basement with access from both the front and rear, supporting flexible building operations. Separate heating and hot water systems are provided for each unit, and each tenant is responsible for their own utilities.
The building sits on a 20' by 100' lot with a 20' by 68' building footprint and is positioned near public transportation, restaurants, supermarkets, and a variety of local businesses.
With a retail component paired with two apartment units, the layout provides a straightforward income-producing configuration within a single property.
The building sits on a 20' by 100' lot with a 20' by 68' building footprint and is positioned near public transportation, restaurants, supermarkets, and a variety of local businesses.
With a retail component paired with two apartment units, the layout provides a straightforward income-producing configuration within a single property.
Key Highlights
- Mixed‑use building with 1 commercial storefront and 2 residential units
- Two 2‑bedroom apartments on the second floor
- Full basement with both front and rear access
Local Financial Insights For Retail
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 | $211.5k | $77.76 |
| − Vacancy | −$25.2k | −$9.25 |
| EGI | $186.3k | $68.51 |
| − OpEx | −$55.9k | −$20.55 |
| NOI | $130.4k | $47.95 |
2,720 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.86M
$1.63M – $2.17M
NOI $130,436 @ 7.0% cap · market cap 8.89%
Second Best
Mixed Use
$1.41M
$1.23M – $1.65M
NOI $98,736 @ 7.0% cap · market cap 6.73%
Theoretical Best
Specialty Retail
$2.25M
$1.97M – $2.63M
NOI $157,651 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Фара
Restaurant
Led Lighting
Building Supply
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Well-maintained building with one storefront and two residential units plus a full basement with front and rear access.
Where is this mixed-use property located?
The property is located at 7017 20th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,468,000.
What are key features of this property?
This property features: Mixed‑use building with 1 commercial storefront and 2 residential units; Two 2‑bedroom apartments on the second floor; Full basement with both front and rear access
