- For Sale $2,000,000
- Property Type Other
- Property Size 1,600 SF
- Lot Size 0.04 Acre
- Rental Income / YR $150,000.00
- Taxes / YR $23,940.00
- Property Tenancy Owner Occupied
- Year Built 1931
- Date Updated Nov 3, 2026
Description
INVESTMENT OPPORTUNITY: Mixed-Use Property in Prime Brooklyn Location This fully renovated mixed-use brick building presents an exceptional investment opportunity in the desirable Gravesend-Bensonhurst area of Brooklyn. The property features a strategic combination of residential and commercial spaces designed to maximize rental income potential. PROPERTY SPECIFICATIONS: Building Type: Semi-attached brick construction Configuration: Mixed-use with residential and retail components Total Units: Four income-generating spaces Basement: Semi-finished with expansion potential RESIDENTIAL COMPONENT: Two well-appointed 2-bedroom apartments on second floor Large balcony feature enhancing tenant appeal in one of the apartments Fully renovated living spaces with modern finishes Combined monthly rental income: $6,000 ($3,000 each) COMMERCIAL COMPONENT: Two ground-floor retail spaces Store 1: $3,500 monthly rent Store 2: $3,500 monthly rent Street-level visibility in high-traffic corridor RECENT IMPROVEMENTS: Complete renovation from foundation to roof Updated electrical and plumbing systems throughout Modern LED lighting installation New windows and doors Contemporary appliances Basement infrastructure upgrades including new boiler and water heater Roof replacement FINANCIAL PERFORMANCE: Gross Monthly Income: $13,000 Diversified revenue streams across residential and commercial tenants Established rental rates reflecting current market conditions Strong cash flow generation from fully occupied property
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Contacts
Diana Melerud
Superior Realty Service
Location
Located at 120 Avenue T, Brooklyn, NY 11223, this property is part of the Gravesend neighborhood and Brooklyn market.
Contact Listing Broker
Diana Melerud
Superior Realty Service