Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Industrial Manufacturer Production Facility
-
Atm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.