--- title: "20 Avenue T #BLDG, New York City, NY 11223" description: "20 Avenue T #BLDG, New York City, NY 11223 — Gravesend, New York City, NY. Listing Price $1,450,000. 2 bed, 3 bath, 2,318 sqft Illustrative Buyer Commission Share of $21,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11223/20-avenue-t-bldg-ny-11223" source: "Real Estate Rebate Team" dateModified: "2026-10-29T15:22:54.410Z" status: "Active" --- # 20 Avenue T #BLDG, New York City, NY 11223 Gravesend, New York City, NY Courtesy of Corcoran Group Last updated: October 29, 2026, 11:22 AM ## At a Glance - **Listing Price**: $1,450,000 - **Beds**: 2 - **Total Baths**: 3 - **Sqft**: 2,318 - **Price per Sqft**: $626 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares up to 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,450,000 - **Illustrative Buyer Commission Share**: -$21,750* - **Illustrative Net Cost**: $1,428,250 *Illustrative Buyer Savings of $21,750 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![20 Avenue T #BLDG, New York City, NY 11223 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2810f97f-927b-4f12-8db6-292a98bae076.jpg) ![20 Avenue T #BLDG, New York City, NY 11223 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d356d677-ebb9-4d31-8195-7b04e74081ad.jpg) ![20 Avenue T #BLDG, New York City, NY 11223 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8e50a619-e7bb-454b-aa5c-0ce39bc792d4.jpg) ![20 Avenue T #BLDG, New York City, NY 11223 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e4bf4df4-a02e-4c4d-979a-1def4c6cc669.jpg) ![20 Avenue T #BLDG, New York City, NY 11223 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1797293e-19e0-472a-ab7d-6ce204101c70.jpg) ![20 Avenue T #BLDG, New York City, NY 11223 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5a5c81e6-5152-47cf-a479-df3f4a00f48e.jpg) ![20 Avenue T #BLDG, New York City, NY 11223 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7dbe767c-e939-4950-9db9-35d750e12d0a.jpg) ![20 Avenue T #BLDG, New York City, NY 11223 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dc95b194-a6f9-49a2-806f-ed1a368a848e.jpg) ![20 Avenue T #BLDG, New York City, NY 11223 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aa115ea6-28f5-4688-8dc8-7b32a043454d.jpg) ![20 Avenue T #BLDG, New York City, NY 11223 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0cb5a9be-1f1a-40ef-bf4e-9afe448ed802.jpg) ## Property Overview 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. ## Property Details - **Property Type**: Apartment - **Beds**: 2 - **Total Baths**: 3 - **Rooms**: 6 - **Sqft**: 2,318 sqft - **Stories**: 2 - **Year Built**: 1931 - **Price per Sqft**: $626 - **Listed On**: Oct 29, 2026 - **Days on Market**: 1 Days ### Residence Features - Ductless - Building Other - Private Outdoor Space Over 60 Sqft ## Estimated Monthly Payment **$7,332 / month**, assuming a 20% down payment ($290,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $7,332 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Property Tax History Taxes at 20 Avenue T #BLDG were $5,050 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $85,740 | $9,480 | $76,260 | $25,142 | $5,050 | 20.085% (estimated) | | 2025 (FY 2025/26) | $76,620 | $9,480 | $67,140 | $25,142 | $5,050 | 20.085% (estimated) | | 2024 (FY 2024/25) | $73,320 | $9,480 | $63,840 | $24,952 | $5,012 | 20.085% | | 2023 (FY 2023/24) | $72,780 | $9,480 | $63,300 | $23,540 | $4,728 | 20.085% | | 2022 (FY 2022/23) | $57,120 | $9,480 | $47,640 | $22,208 | $4,510 | 20.309% | | 2021 (FY 2021/22) | $48,900 | $9,480 | $39,420 | $20,952 | $4,183 | 19.963% | | 2020 (FY 2020/21) | $30,960 | $9,480 | $21,480 | $20,952 | $4,409 | 21.045% | | 2019 (FY 2019/20) | $26,940 | $9,480 | $17,460 | $20,794 | $4,401 | 21.167% | | 2018 (FY 2018/19) | $19,617 | — | — | $19,617 | $4,104 | 20.919% | | 2017 (FY 2017/18) | $18,507 | — | — | $18,507 | $3,773 | 20.385% | | 2016 (FY 2016/17) | $17,460 | — | — | $17,460 | $3,490 | 19.991% | | 2015 (FY 2015/16) | $17,460 | — | — | $17,460 | $3,414 | 19.554% | | 2014 (FY 2014/15) | $17,460 | — | — | $17,460 | $3,345 | 19.157% | | 2013 (FY 2013/14) | $17,460 | — | — | $17,460 | $3,351 | 19.191% | | 2012 (FY 2012/13) | $20,280 | — | — | $20,280 | $3,766 | 18.569% | | 2011 (FY 2011/12) | $20,340 | — | — | $20,340 | $3,703 | 18.205% | | 2010 (FY 2010/11) | $19,353 | — | — | $19,353 | $3,360 | 17.364% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3070920009. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 20 Avenue T 20 Avenue T, Brooklyn, NY 11223 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1931 - **Active Units**: 1 - **Floors**: 2 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/20-avenue-t) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [BLDG](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11223/20-avenue-t-bldg-ny-11223) | 2 | 3 | 2,318 sqft | $626 | $1,450,000 | Corcoran Group | Oct 29, 2026 | 1 days | ## Gravesend Overview of Gravesend [Explore Gravesend](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gravesend) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Gravesend - [Brighton Beach real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brighton-beach) - [Coney Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/coney-island) - [Bensonhurst real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bensonhurst) - [Bath Beach real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bath-beach) - [Sheepshead Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/sheepshead-bay) - [Sea Gate real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/sea-gate) ## Related Links - [20 Avenue T — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/20-avenue-t) - [Gravesend neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gravesend) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.