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120 Avenue T
Brooklyn NY 11223 US

$1,950,000

Active Listing ID 491033
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Lot: 0.04 Acres
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Mixed Use

$1,950,000

Active Listing ID 491033
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120 Avenue T 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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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Other
  • Property Sub-type: Mixed Use
  • Features
  • Floor Covering: Laminate
  • Roof Type: Flat
  • Heating Fuels: Natural Gas, Other (Heating), Steam

Property

  • propertytype: Other
  • propertysubtype: Mixed Use
  • listprice: 1950000
  • unparsedaddress: 120 Avenue T
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11223
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0367309458218549
  • lotsizeunits: Acres
  • lotsizearea: 0.036731
  • livingarea: 3200
  • livingareaunits: Square Feet
  • latitude: 40.598208
  • longitude: -73.980882
  • listagentfullname: Diana Melerud
  • listagentemail: diana.melerud@gmail.com
  • listagentkey: 3yd-BMLSNY-melna1282
  • listagentmlsid: melna1282
  • listagentpreferredphone: 3475548282
  • listagentofficephone: 3475548282
  • listofficekey: 3yd-BMLSNY-115490
  • listofficemlsid: 115490
  • disclaimer: Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BMLSNY
  • yearbuilt: 1931
  • listagenturl: http://superiorrealtyofbrooklyn.com
  • countyorparish: Kings (Brooklyn)
  • constructionmaterials: Brick
  • flooring: Laminate
  • heating: Natural Gas, Other (Heating), Steam
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.98088, 40.59821
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Superior Realty Service", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"diana.melerud@gmail.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Superior Realty Service", "ListBrokeragePhone":"(347) 554-8282", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2008 Avenue Y", "ListBrokerageWebsiteUrl":"http://superiorrealtyofbrooklyn.com", "ListOfficeAddress1":"139 Oxford Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"US", "ListOfficeEmail":"diana.melerud@gmail.com", "ListOfficePostalCode":"11235", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - Brooklyn, NY", "ListingURL":"https://listings.listhub.net/pages/BMLSNY/491033/?channel=rexren", "MLSModificationTimestamp":"2025-12-23T14:21:23Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Mixed Use", "RawPropertyType":"Mixed Use", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":23940, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/12/2026 4:31:40 PM GMT
Source Updated Date: 1/15/2026 12:51:21 PM GMT

Courtesy of: Diana Melerud, Superior Realty Service, diana.melerud@gmail.com

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.