735 Knickerbocker Avenue, Brooklyn, NY 11221

Brooklyn
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
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...

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Home facts

  • Year built:1909
  • Listing ID #:1017261
  • Added:6 day(s) ago
  • Updated:June 29, 2026 at 03:28 PM

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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