For Sale · Listing by Corcoran Group
20 AVE T #BLDG
Gravesend, Brooklyn
$1,450,000
20 AVE T #BLDG
MLS® #RLS20123286
Listing by Corcoran Group
- 2
- Bedrooms
- 2.5
- Baths
- 2,318
- Sq. Ft.
- 1931
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Outdoor Space: Patio
- Style: WalkUp architecture
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 29, 2026 | $1,450,000 | - |
| Currently | Oct 30, 2026 | $1,450,000 | - |
Recent Sales in This Building
What other apartments here closed for in the last three years, as reported to the REBNY Listing Service (RLS).
| Closed | Unit | Beds | Sold For | Per Sq Ft |
|---|---|---|---|---|
| Oct 27, 2026 | Unit 21A | Studio | $420,000 | $913 |
| Oct 6, 2026 | Unit 9R | 1 BR | $775,000 | - |
| Sep 17, 2026 | Unit 32M | 1 BR | $1,222,000 | $2,037 |
Description
7.4% Cap Rate - Free Market & Delivered Vacant Turn-key and meticulously maintained, 20 Avenue T is a fully renovated mixed-use property delivered vacant, offering immediate flexibility for investors or end users alike. The property features a ground-floor commercial space with direct access to a private backyard and full basement with 7'2" ceiling height. Above, two fully renovated, free-market one-bedroom apartments provide strong rental appeal and efficient layouts. With low operating expenses and high rental potential, the property projects to a cap rate over 7.35% upon stabilization. Updated building systems. All units direct metered. Positioned at the crossroads of Gravesend and Bensonhurst, the building sits on a quiet residential block just moments from the vibrant 86th Street commercial corridor. Transportation is exceptional: the D train at 25th Avenue/86th Street is just a half block away, the N train at Avenue T & West 9th Street is approximately a 6-minute walk, and the B1, B3, and B4 buses are all within a half block. Neighborhood highlights include nearby shopping, restaurants, and local favorites such as L&B Spumoni Gardens just two blocks away. A rare opportunity to acquire a fully vacant, income-producing asset in one of South Brooklyn's most established and transit-accessible neighborhoods.
Features & Amenities
Interior Features
Exterior Features
Building Information
About Gravesend
View All Gravesend ListingsGravesend offers a broad housing mix including semi-detached single-family homes, postwar co-op towers, and newly constructed boutique condominiums spread across a grid of low-traffic residential streets in southern Brooklyn. The D, F, and N subway lines serve the neighborhood at multiple stations along Kings Highway and Avenue U, connecting to Midtown Manhattan in about 45 minutes. Calvert Vaux Park provides 73 acres of green space and waterfront access along Coney Island Creek.
Gravesend Live Market Data
View NeighborhoodActive Listings
10
Median Asking Price
$1.15M
Median $/Sqft
$610
Avg Days on Market
N/A
New This Week
2
Price Reduced
20%
Sold (30 Days)
1
Median Sale Price
$440K
Live data from RLS at REBNY • Updated 10/30/26, 1:40 AM EST
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Location
20 AVE T #BLDG, Gravesend, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.
This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.
The listed interior living area is 2,318 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1931, making it approximately 95 years old.
This listing is RentalBuilding
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $1,450,000 for 2,318 sq ft, the asking price per square foot is approximately $626. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Corcoran Group - Christopher DelCore
Listing Contact: (212) 721-4600
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/30/2026 at 5:40 AM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 20 AVE T #BLDG
At $1,450,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
Your info is secure and never shared.
You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
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Quick Facts
Monthly Costs Estimate
$290,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$14,500
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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