129 20Th St Brooklyn, NY 11232
- Retail properties
- 4,338 SF
Current Use by Public Records
- Keg Skins / Manufacturer
- LibertyX Bitcoin ATM / Atm
Property Details for 129 20Th St
- Property size
- 4,338 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional mixed-use property at 129 20th Street in Brooklyn, New York, presents a unique investment opportunity. The 4,338 square foot building, zoned M1-2D, is currently vacant and ready for immediate occupancy. It features three units, previously configured as renovated office space above a deli, offering flexibility for a variety of uses. The asking price is $1,950,000, translating to $450 per square foot. The seller is offering financing for 50% of the purchase price, making this an attractive proposition for qualified buyers. The building boasts excellent corner exposure, providing abundant natural light and air, and a significant signage opportunity with high visibility from 3rd Avenue and the Gowanus Expressway. The property enjoys a 78-foot frontage on 3rd Avenue and is conveniently located a short walk from the R train at Prospect Avenue station. The building will be delivered vacant with a Certificate of Occupancy (CofO). This is a rare chance to acquire a well-located, versatile property in a thriving Brooklyn neighborhood. The land value is also assessed at $450 per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9967
- Latitude
- 40.6644