Property summary
This exceptional Brooklyn commercial property, located at 20th Ave in the 11204 zip code, offers a unique investment opportunity. The building, completely gut-renovated in 2000, boasts approximately 4,000 to 5,000 square feet of space on the main level, plus an additional 4,000 to 5,000 square feet of finished basement space. Features include a high-end Italian restaurant setup (established in 2001), a valid liquor license, all fixtures and equipment (freezer, gas line, vent hood, grease trap, brick oven, gas oven, commercial grill), and a walk-in freezer. The property also includes a corner outdoor space and a loading area in the rear with one parking space. The building is zoned R5 C1-2, is ADA ready, and benefits from a prime corner location with high visibility and signage opportunities. Its proximity to a train station further enhances its appeal. The substantial building offers versatile options, including conversion to a supermarket, bar, KTV, retail space, 24-hour fruit market, medical office, or multiple storefronts. The seller is highly motivated. Showings are by appointment only.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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