8729 20th Avenue

Bath Beach

$2,399,000
Price
Beds
5,824 Sq. Ft.
$412 / Sq. Ft.
5,824
Sq. Ft.
$412
per Sq. Ft.

Description

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...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.
  1. Listed by Lawrence Wong • MadisonEstates Sothebys Realty • 6+ Spaces

Amenities

  • Attic
  • Private Outdoor Space
  • Parking Included
  • Lowrise
LISTING UPDATED: 10/18/2024 03:31 PM

Property Details for 8729 20th Avenue

StatusActive
MLS ID480871
Days on Market216
Taxes$12,669 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1910
Lot Size6,767 SF / 70' x 97'
CountyKings County

Building

8729 20th Ave

2 Units2 StoriesBuilt in 1910

Virtual Tour

Building Information for 8729 20th Avenue

Stories2Residences2Year Built1910Lot Size6,767 SF / 70' x 97'Building Age-Building Type-

Property Information for 8729 20th Avenue

Summary
Location and General Information
  • Block: 6409
  • Number Of Stories: 1
  • Cross Street Name: Benson Ave
  • Cross Street Name: Bath Ave
  • Zoning: R5
  • Roof: Pitched, Shingle
  • Water Front Present YN: No
Parking
  • Parking Attributes: 6+ Spaces
  • Parking Feature Single: Private Drive
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 12669.0
Virtual Tour
Property
Lot Information
  • Sq Ft Total: 5824
  • Yard: Back, Front
  • Lot Number: 15
  • Lot Size Irregular YN: No
  • Lot Size Length: 96
  • Lot Size Width: 70
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Hot Air
  • Heating Fuel: Gas
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Cellar, Separate Entrance, Unfinished
  • Commercial Features Interior: None
  • Foundation Details: Poured Concrete
  • Flooring: Tile, Other
  • Unit Count: 1
  • Lavatories: 2
  • Construction Materials: Wood Frame
  • Electric: Circuit Breakers
Exterior Features
  • Exterior: Aluminum Siding, Brick
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 4368.0
  • Building Length: 78.0
  • Building Type: Detached
  • Building Width: 56.0
Unit 1
  • Unit Baths Full: 2
  • Unit Category: Store
  • Unit Room Description: Meeting/ Banquet space
  • Unit Floor: 1
  • Unit Status: Vacant
  • Unit Unit Type: Other
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: Yes

Property History for 8729 20th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8729 20th Avenue

Taxable ValueLand$23,640Additions$160,200Total$183,840
Home Facts
Total Finished SqFt5,824 SqFtLot Size6,767 SqFtYear Built1910ZoningR5APN3064090015

Schools near 8729 20th Avenue

This home is within Nyc Geog District #20 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - K to 8
Rating
School
Distance
P.S. 200 Benson School
PublicPK to 5

Is 281 Joseph B Cavallaro
Public6 to 8

Brooklyn School Of Inquiry
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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8729 20th Avenue is a mixed use property for sale in Bath Beach. This property was listed for sale on March 29, 2024 by MadisonEstates Sothebys Realty, it's currently listed at $2,399,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include P.S. 200 Benson School, Is 281 Joseph B Cavallaro and Urban Assembly School for Leadership and Empowerment. 8729 20th Avenue is a 0-bed, 0-bath, 5,824 sqft mixed use property built in 1910.

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Listing Courtesy of MadisonEstates Sothebys Realty

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