Commercial > Mixed Use
Active
3 weeks ago
List Price
$2,399,000$412/ft²
8729 20th Ave
Brooklyn, NY 11214
- -Bed
- -Bath
- 5,824ft²Living Area
- 6,767ft²Lot Size
- -Pool
- 6Car
- 1910Year Built
- 3DOM
- 6Permits
8729 20th Ave, Brooklyn, NY 11214 is a 5,824 ft² commercial mixed use property property built in 1910 on a 0.155 acre lot with 6 construction permits. This commercial mixed use property is currently on the market for $2,399,000.
MLS Description
The listing agent's description. Original Listing
Welcome to a rare gem, presenting an exceptional opportunity for those seeking ample space and development potential. Boasting a generous lot size of 70' X 96.67' (Lot Area 6,767) and building dimensions of 56’ x 78’ (Approx. 5,824 sq ft), this property stands as a canvas for your visionary projects.
Currently, the property is utilized as a meeting and banquet room on the first floor, offering versatile possibilities for event hosting or commercial endeavors, while the second floor features a cozy 2-bedroom, 1-bathroom apartment. Additionally, an unfinished cellar and attic provide further potential for expansion or customization to suit your needs.
Situated in the vibrant neighborhood of Bustling Bath Beach, this location offers the best of Brooklyn living. Enjoy the convenience of nearby amenities along 86th Street, easy access to transportation with the 20th Avenue D train and buses, and the serene ambiance of the Gravesend Bay waterfront promenade.
Zoned for low-density residential use, this property allows for exploration of various development options, with a maximum residential floor area ratio (FAR) of 1.25 and a maximum residential square footage of 8,459. Whether you're a seasoned developer or a homeowner with a vision, this property provides endless possibilities for transformation and growth.
Delivered vacant upon closing, seize the opportunity to unlock the full potential of this property. Please note that this sale may be subject to obtaining Attorney General and Supreme Court approval of sale, if required, pursuant to the Not-for-Profit Corporation Law.
Don't miss out on this chance to own a piece of Brooklyn's evolving landscape. Schedule your viewing today and envision the possibilities awaiting!
Block/ Lot: 6409/ 15
Lot Footprint: 6,767 SQ FT.
Zoning: R5 (1.25 MAX FAR)
Max Buildable: 8,459 SQ FT.
2023 Property Tax: $12,669/yr.
Listing Agents
The listing agent for 8729 20th Ave is Lawrence Wong.
LW
Lawrence Wong
MadisonEstates Sothebys Realty
Phone: (718) 232-1004
Permits
8729 20th Ave has 6 permit records.
Permit History
6
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$12,529.22From latest Total Assessed Value6.48%Total Assessed Value$193,500=Land+
Assessed Value$23,640Additions
Assessed Value$169,860
In 2023, taxes billed for 8729 20th Ave were $12,529.22, which is 6.48% from latest Total Assessed Value of $193,500.
Property History
8729 20th Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 8729 20th Ave
Hazard Risks
Wind223Carb Mono131Hurricane119Earthquake110Ozone110Air Pollution108Nat'l Avg100Particulates93Lead92Weather85Hail54Tornado26
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 8729 20th Ave.
Walkability Index
16 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
8729 20th Ave has a walkability score of 16 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
28°F
High
41°F
Summer
Average
Low
66°F
High
82°F
In the winter at 8729 20th Ave, temperatures range from 27.65°F to 41.04°F with an average of 34.35°F. In the summer, the temperature ranges from 65.78°F to 82.05°F with and average of 73.92°F.
School Information
Public/private schools serving 8729 20th Ave
Public Schools
P.S. 200 Benson School
Grades: KG-5
0.09 mi
B
I.S. 281 Joseph B. Cavallaro
Grades: 6-8
0.62 mi
A
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 8729 20th Ave have ratings undefined, and undefined.
Neighborhood
This property is located in New Utrecht, Brooklyn, NY 11214.
Seasonal Housing units 11214
17%of housing is for seasonal rent.
Daytime Population for 11214
-19%of people during work hours.
Boundary map of New Utrecht.
Crime Index for 11214
94
94
The crime index in 11214 is 94, which is 0.9 times lower than national average.
Market Trends
Historical market data near 8729 20th Ave over selected time period.
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