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For sale
    • Price increase: $20K (5/4)
    $1,799,999

    120 Avenue T, Brooklyn, NY 11223

    --beds
    3,200sqft
    Loading
    Mixed Use
    Built in 1931
    1,600 Square Feet Lot
    $-- Zestimate®
    $562/sqft
    $-- HOA

    What's special

    Contemporary appliancesRoof replacementSemi-attached brick constructionTwo ground-floor retail spacesModern led lighting installationNew windows and doors
    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
    454 days
    |
    109
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Superior Realty Service 347-554-8282,

    Diana Melerud 917-992-7239

    Source: BNYMLS,MLS#: 491033MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 4
      • 1/2 bathrooms: 4
      Heating
      • Natural Gas, Steam/Radiator
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Ceramic Tile, Laminate
      • Doors: Doors - 10 ft and under
      • Basement: Partially Finished
      Interior area
      • Total structure area: 3,200
      • Total interior livable area: 3,200 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Other, 1 Space, Built-In Garage
      • Has attached garage: Yes
      Accessibility
      • Accessibility features: Handicap Access
      Features
      • Stories: 2
      Lot
      • Size: 1,600 Square Feet
      • Dimensions: 20x80
      Details
      • Foundation area: 1600
      • Parcel number: 070960010
      • Zoning: R5B
      • Special conditions: Arm's Length

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Sheet Rock, Brick
      • Foundation: Concrete Perimeter
      • Roof: Flat
      Condition
      • Year built: 1931

      Utilities & green energy

      • Electric: 110 V, 220 Volts

      Community & HOA

      Community
      • Subdivision: Brooklyn
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $562/sqft
      • Tax assessed value: $674,000
      • Annual tax amount: $23,940
      • Date on market: 4/22/2025
      • Cumulative days on market: 455 days
      • Total actual rent: 150000

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,688/mo

        Price history

        DateEventPrice
        5/4/2026Price change$1,799,999+1.1%$562/sqft
        Source: BNYMLS #491033 Report a problem
        4/21/2026Price change$1,780,000-1.1%$556/sqft
        Source: BNYMLS #491033 Report a problem
        3/27/2026Price change$1,800,000-4.7%$563/sqft
        Source: BNYMLS #491033 Report a problem
        2/22/2026Price change$1,888,888-5.6%$590/sqft
        Source: BNYMLS #491033 Report a problem
        1/24/2026Price change$2,000,000+5.9%$625/sqft
        Source: BNYMLS #491033 Report a problem
        1/22/2026Price change$1,888,888-3.1%$590/sqft
        Source: BNYMLS #491033 Report a problem
        12/23/2025Listed for rent$3,500$1/sqft
        Source: Zillow Rentals Report a problem
        12/22/2025Price change$1,950,000-1.3%$609/sqft
        Source: BNYMLS #491033 Report a problem
        12/12/2025Price change$1,975,000-1.3%$617/sqft
        Source: BNYMLS #491033 Report a problem
        4/22/2025Listed for sale$2,000,000-11.1%$625/sqft
        Source: BNYMLS #491033 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        12/27/2019Listing removed$2,250,000$703/sqft
        Source: Owner Report a problem
        9/25/2019Price change$2,250,000+12.5%$703/sqft
        Source: Owner Report a problem
        8/1/2019Listed for sale$2,000,000+3900%$625/sqft
        Source: Superior Realty Service Report a problem
        3/21/2018Listing removed$50,000$16/sqft
        Source: RE/MAX REAL ESTATE PROFESSIONALS #416463 Report a problem
        2/22/2018Listed for sale$50,000-96.9%$16/sqft
        Source: RE/MAX REAL ESTATE PROFESSIONALS #416463 Report a problem
        3/19/2017Listing removed$1,600,000$500/sqft
        Source: Ambassador Realty of Bay Ridge Report a problem
        12/27/2016Price change$1,600,000-10.5%$500/sqft
        Source: Ambassador Realty of Bay Ridge Report a problem
        11/30/2016Listed for sale$1,788,000+587.7%$559/sqft
        Source: Ambassador Realty of Bay Ridge Report a problem
        11/24/1997Sold$260,000$81/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$25,729 +7.5%$303,300 +0.1%
        2024$23,944 $302,940 +20%
        2023-- $252,450 -19.7%
        2022-- $314,550 -2.5%
        2021-- $322,605 +23.7%
        2020$19,846 +8%$260,820
        2019$18,376 $260,820 +91.2%
        2018-- $136,412 +8%
        2017$16,065 -1.3%$126,310
        2016$16,273 $126,310 +3.2%
        2015$16,273 +66.2%$122,392 +8%
        2014$9,789 $113,327
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Gravesend

        Getting around

        95 / 100
        Walker's Paradise
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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