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    Mixed-Use 5-Family with Retail Store Title is generated by Realmo AI

    7201 20th ave, Brooklyn, NY 11204

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    Claim this Listing
    For Sale
    $2,750,000

    COMMERCIAL - brooklyn, NY

    Added:
    Jan 21, 2026
    Days on Market:
    165
    Last Refresh:
    Jul 5 at 12:06 pm

    Property Features for 7201 20th ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Flooring type
    Hardwood

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    Roberto Salimeni

    Listing agent Roberto Salimeni

    Listing office COZY CORNER REALTY LLC 6813 NEW UTRECHT AVE, BROOKLYN, NY

    Listing date Jan 21, 2026

    MLS# 11635299 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 5‑family + 1‑store property with all residential units configured as 2BR/1BA
    • Strong annual rent roll of $192,000 with free market rent
    • All units recently renovated with hardwood flooring and newer appliances
    • New heating system including new boilers and hot water heaters for each apartment unit
    • Tenants pay their own heat, electric, and cooking gas
    • Reported 6.3% gross cap rate and 4.3% net cap rate

    Overview

    This mixed-use property includes a five-family residential building and one retail store. The residential units are each configured as two bedrooms and one bathroom, with living rooms featuring open-style kitchens. Appliances have been newly installed, and the property has undergone recent renovations throughout the units. From a building-systems standpoint, the seller reports a new heating system, along with new boilers and hot water heaters for each apartment unit.

    The asset is offered for sale at 7201 20th Ave in Brooklyn, NY 11204. The property’s current financials are presented as a strong annual rent roll of $192,000, with tenants paying their own heat, electric, and cooking gas.

    For buyers or operators seeking a turn-key residential income component alongside a ground-floor retail presence, this offering provides fully renovated apartment units and updated mechanicals. The listing also provides income-rate metrics, citing a 6.3% gross cap rate and a 4.3% net cap rate as part of the underwriting narrative.
    Property Profile Location Intelligence

    Current Use by Public Records

    Optima Discount Grocery & Convenience Store 7201 20th Ave Building

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Bar & Pub Gym & Fitness Center Nursing Home Nursing Home Bed & Breakfast Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.989821
    Latitude
    40.612339

    FAQs

    What type of property is this?
    Apartment building - Five newly renovated residential units plus a retail store, with updated heating systems and tenant-paid utilities.
    Where is this apartment building located?
    The property is located at 7201 20th ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: 5‑family + 1‑store property with all residential units configured as 2BR/1BA; Strong annual rent roll of $192,000 with free market rent; All units recently renovated with hardwood flooring and newer appliances
    More about this property
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