735 Knickerbocker Avenue, Brooklyn, NY 11221
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
735 Knickerbocker Avenue,Brooklyn, NY 11221
$1,495,000
- 18 Beds
- 7 Baths
- 6,864 sq. ft.
- Multi-family
- Active
Listed by: min xiao
Office: welhome realty inc
MLS#:1017261
Source:OneKey MLS
Price summary
- Price:$1,495,000
- Price per sq. ft.:$217.8
About this home
Prime Mixed-Use Investment Opportunity
Presenting a rare opportunity to acquire a well-maintained corner mixed-use building in the heart of vibrant Bushwick, Brooklyn. Located at the highly visible intersection of Knickerbocker Avenue, this income-producing asset features 6 residential units and 1 ground-floor commercial space plus 1 Garage with full basement , offering stable cash flow with long-term upside.
It features:
- All residential units are rent Stabilized (3 bedrooms with 1 bath per unit)
- One apartment and garage are VACANT.
- Cap rate approx 5%.
The property consists of 6 rent-stabilized units above a thriving street-level retail tenant, creating a diversified income stream in one of Brooklyn’s most dynamic neighborhoods.
Positioned on a prominent corner lot, the building benefits from exceptional visibility, strong pedestrian traffic, and convenient access to public transportation, local shops, restaurants, and neighborhood amenities.
This is an ideal opportunity for investors seeking a stable, income-producing asset in one of New York City’s most sought-after submarkets. Sold as is.
Financial information, rent roll, lease details, and operating expenses are available upon request. All information is deemed reliable but should be independently verified by prospective purchasers....
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Home facts
- Year built:1909
- Listing ID #:1017261
- Added:51 day(s) ago
- Updated:August 14, 2026 at 11:19 AM
Rooms and interior
- Bedrooms:18
- Total bathrooms:7
- Full bathrooms:7
- Dining Description:Eat-In Kitchen
- Kitchen Description:Eat-in Kitchen
- Basement:Yes
- Basement Description:Full
- Living area:6,864 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiant
Structure and exterior
- Year built:1909
- Building area:6,864 sq. ft.
- Lot area:0.05 Acres
- Construction Materials:Brick
Schools
- High school:Academy Of Urban Planning And Engineering (The)
- Middle school:Evergreen Ms-Urban Exploration
- Elementary school:Ps 151 Lyndon B Johnson
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,495,000
- Price per sq. ft.:$217.8
- Tax amount:$18,174 (2025)
Parking
- Total parking spaces:1
- Parking description:Garage
- Garage:Yes
- Garage spaces:1
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