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Bensonhurst

7514 20th Ave, Brooklyn, NY 11214

This vacant commercial building in Bensonhurst represents a prime investment opportunity in one of Brooklyn's most sought-after neighborhoods. The property features a spacious first-floor retail space, previously leased for $5,200 per month, with generous dimensions of 20x90 feet, offering ample room for various business ventures. The first floor boasts a separate entrance, high ceilings, two half-baths, and an enclosed backyard, along with convenient access to the basement for additional storage needs. The second floor consists of a versatile office space, measuring 20x60 feet, which can command rental rates of $2,500 to $3,000 per month. This area is in excellent condition and features its own separate entrance, a full bathroom, and a sauna room, making it ideal for rehabilitation, physical therapy, or spa services. Additionally, tenants can enjoy a large rooftop balcony, providing outdoor space and a pleasant environment. The property's zoning classification is R5, and the owner is only responsible for building insurance and water, making it an attractive proposition for potential investors. With projected income and manageable expenses, this building offers an expected CAP rate of approximately 6%.

Total Units: 1

For Sale: 0

For Rent: 0

Building type: Attached

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Bensonhurst

7514 20th Ave, Brooklyn, NY 11214

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