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5914 20th Ave

Bensonhurst, Brooklyn, NY
Total Size
5,000 sqft
Lot Size
0 acres
Zoning
R5

About 5914 20th Ave

Situated close to Bay Parkway in a prime Boro Park/Bensonhurst location, 5914 20th Avenue in New York comprises of a 5,000 square feet of storefront previously used as a supermarket. The present owner has approved plans to develop an additional 5,000 square feet on the second floor. Investors and owner-occupiers keen to buy rather than looking to rent office space or a retail opportunity will want to view this property without delay!

The retail unit at 5914 20th Avenue in New York could be rented to new tenants for $35 per square foot after renovation.

Insurance costs for 5914 20th Avenue in New York amount to $5,000. Fuel costs $3,000 and W/S costs $1,500. Property tax amounts to $3,749 per annum.

Located between 59th and 60th Streets, this property enjoys good access to public transit and is close to 21 restaurants, 6 banks, 1 gas station and 8 grocery stores, among them Apple Bank, TD Bank, Florence Food Center & Bakery, 66 Fruit Market, C-Town Grocery and Fay Wong Cafe & Bakery.

Boasting a brown brick facade with an all-glass storefront with excellent signage opportunity, 5914 20th Avenue in New York is a great retail opportunity.

Internet Providers for 5914 20th Ave

Provider Technology Max Download Speed Max Upload Speed
Cablevision/Optimum Cable
1 Gb/s
25 Mb/s
MegaPath DSL
25 Mb/s
1.5 Mb/s
Verizon New York DSL
6 Mb/s
1.5 Mb/s

The Market: New York City

On average, listings lease in the $60's per square foot per year. The New York City region is experiencing a a rise in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 1% increase in rent.

Median Rate Median Size
$66
/sqft/yr
3,380
sqft

Median Rate over Time in New York City