7319 20Th Ave Brooklyn, NY 11204
- Commercial real estate
- 2,816 SF
Current Use by Public Records
- Commercial real estate
Property Details for 7319 20Th Ave
- Year built
- 1931
- Property size
- 2,816 SF
- Property type
- Commercial real estate
Description
This exceptional multifamily property at 7319 20th Avenue in Brooklyn, New York, presents a compelling investment opportunity. Built in 1931, this 2,816 square foot building sits on a 3,000 square foot lot and is currently configured as a large two-family dwelling, complemented by a full finished basement. The upper floor boasts a spacious three-bedroom apartment, while the first floor features another large apartment. The finished basement offers additional living space and convenient access to both the driveway and the street, along with a backyard. The property benefits from a driveway providing off-street parking, a significant advantage in this desirable Brooklyn neighborhood. The building is zoned R5 and C1-2, offering potential for various uses and future development. The asking price is $1,845,000. This property is being offered for sale for the first time and can be delivered vacant, providing immediate occupancy or rental potential. Its location in the vibrant Kings County, zip code 11204, ensures strong rental demand and potential for appreciation. This is a rare opportunity to acquire a well-maintained multifamily property in a prime Brooklyn location.
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
- -73.9907661
- Latitude
- 40.6115028