$3,500,000

879 Knickerbocker Avenue, Brooklyn, NY 11207

  • 8,100 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1904
  • Property Lot Size Icon3,001sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $432/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Prime corner 8,100 sq. ft. mixed-use property in one of Brooklyn’s hottest markets. All 10 residential apartments are rent-stabilized: consistent occupancy, dependable rent roll, and minimal turnover. Property Highlights: -10 residential units (mix of 1- and 2-bedrooms) + high-visibility corner storefront, private driveway -Just 0.3 miles from the Halsey Street L train — direct Manhattan access -Gross Income: $230,000/year -NOI: $158,000/year — Cap Rate: 4.5% -Surrounded by new multi-family projects, hot retail openings, and rising rents -Corner location = unmatched visibility + premium tenant demand

Listing Status:
Active
Listing Office:
Jerry Fink Real Estate Inc : 718-766-9175
MLS ID:
899523
  • Basement: See Remarks
  • A/C: Multi Units
  • Heating: See Remarks

This listing courtesy of Jerry Fink Real Estate Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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