Movoto Real Estate

735 Knickerbocker Ave, New York, NY 11221

  • $1,495,000

  • 18

    bed

  • 7

    bath

  • 6,864

    Sqft ($218/Sqft)

Multi-family for sale 41 days
Movoto is helping 39 homebuyers near you

About 735 Knickerbocker Ave

Property type Multi-family
Year built 1909
HOA fee $0/month
Lot size 2,200 Sqft
Parking 1 garage spaces
Property description
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.
Listed by
Listing Agent - Min Xiao
Listing Office - Welhome Realty Inc
Source: OneKey MLS mls logo
MLS#1017261 • last updated 1 month ago
Movoto checked OneKey MLS for data 6 minutes ago
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Overview
Cooling/AC None
Heating Natural Gas, Radiant
MLS # 1017261
SubType Triplex
Status Active
Type Residential Income
Lot Size (SqFt) 2200
Lot Size (Acres) 0.0505
Property Tax 18174.28
Tax Assessed Value 487350
Year Built 1909
Interior
Total # of Bathrooms 7
# of Full Baths 7
Total # of Bedrooms 18
Basement Full, Storage Space
Interior Features Eat-in Kitchen
Exterior
Construction Brick
Parking Garage
# Parking Spaces 1
# Garage Spaces 1
Amenities / Utilities
Utilities Electricity Connected, Natural Gas Connected
Water Source Public
Location
County Kings (Brooklyn)
Elementary School Ps 151 Lyndon B Johnson
Middle School Evergreen Ms-Urban Exploration
Elementary School District Brooklyn 32
Middle School District Brooklyn 32
High School District Brooklyn 32
High School Academy Of Urban Planning And Engineering (The)
APN 03399-0010
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