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Sold for $954,200
  • $954,200

    7420 20th Ave, Brooklyn, NY 11204

    --beds
    2,400sqft
    Mixed Use
    Built in 1931
    1,600 Square Feet Lot
    $1,229,400 Zestimate®
    $398/sqft
    $4,307 Estimated rent

    Home value

    $1,229,400

    $1.17M - $1.29M

    $4,307/mo

    Zestimate® history
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    What's special

    PRIME MIXED-USE GEM IN THE HEART OF THE BEDSONHURST! FULLY RENOVATED WITH IMMEDIATE RENTAL INCOME! Welcome to this fully updated mixed-use property—an exceptional investment opportunity featuring a ground-level commercial storefront and an upper-level residential unit, both generating immediate rental income. EACH TENANT IS RESPONSIBLE FOR THEIR OWN UTILITIES, ENSURING LOW OPERATING COSTS FOR THE OWNER.The first floor measures 20' x 75', with the second floor at 20' x 45', on a 20' x 80' lot. Annual property taxes are impressively low at just $9,230.60. The first floor is occupied by a well-established nail salon that has successfully operated for over 15 years. The second-floor residential unit features a spacious three-bedroom layout, complete with a granite tiled bathroom, a formal dining room, and a bright, comfortable living room. Modern upgrades include radiant floor heating and central A/C, ensuring year-round comfort. A fully finished basement with high ceilings offers additional functional space—ideal for storage, recreation, or flexible use. Tenants pay their own utilities, and the property has been meticulously renovated from top to bottom. It’s truly move-in ready and already generating reliable rental income. Additionally, under the new “City of Yes” zoning initiative, there may be potential for vertical expansion or horizontal expansion to second floor. Buyers are encouraged to consult with an architect for further details and possibilities. Don’t miss this rare opportunity to own a income-generating property. Schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Renzhang Danny Dong 929-291-9897,

    RE/MAX Edge,

    Ping Chen 917-536-3632,

    RE/MAX Edge

    Source: BNYMLS,MLS#: 493734MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Electric, Natural Gas, Forced Air, Steam/Radiator
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Hardwood, Tile
    • Basement: Finished,Full
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Parking features: Street, None
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 1,600 Square Feet
    • Dimensions: 20x80
    Details
    • Foundation area: 1500
    • Parcel number: 062170043
    • Zoning: R5
    • Special conditions: Arm's Length

    Construction

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

    Utilities & green energy

    • Electric: 220 Volts

    Community & HOA

    Community
    • Subdivision: Brooklyn
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $398/sqft
    • Tax assessed value: $191,000
    • Annual tax amount: $9,230
    • Date on market: 6/25/2025
    • Cumulative days on market: 1083 days

    Price history

    DateEventPrice
    3/4/2026Sold$954,200-26.5%$398/sqft
    Source: BNYMLS #493734 Report a problem
    10/23/2025Pending sale$1,299,000$541/sqft
    Source: BNYMLS #493734 Report a problem
    6/25/2025Listed for sale$1,299,000+4.1%$541/sqft
    Source: BNYMLS #493734 Report a problem
    9/14/2023Listing removed--
    Source: BNYMLS #468906 Report a problem
    11/4/2022Listed for sale$1,248,000+389.4%$520/sqft
    Source: BNYMLS #468906 Report a problem
    6/12/2000Sold$255,000+6.3%$106/sqft
    Source: Public Record Report a problem
    1/30/1995Sold$240,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,304 +1.9%$85,950 +3.8%
    2024$9,128 $82,800 -5.2%
    2023-- $87,300 -3.5%
    2022-- $90,450 +9.8%
    2021-- $82,350 -14.1%
    2020$9,744 +5.2%$95,850 +1.9%
    2019$9,260 +6.2%$94,050 -3.7%
    2018$8,720 +6.9%$97,650 -3.1%
    2017$8,157 +9.7%$100,800 +27.3%
    2016$7,433 $79,200 +8.6%
    2015$7,433 +58.3%$72,900 +5.2%
    2014$4,694 $69,300
    Find assessor info on the county website

    Neighborhood: Bensonhurst

    Nearby schools

    GreatSchools rating