735 Knickerbocker Avenue, Brooklyn, NY 11221

$1,495,000
18
BD
7
BA

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List Price
$1,495,000
MLS#
1017261
Status
ACTIVE
Bedrooms
18
Bathrooms
7
Lot Size
2200

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.

Additional Information

Year Built
1909
School District
Brooklyn 32
Taxes Total
18174
Heating
Natural Gas, Radiant
Parking
Garage
Parking Spaces
1
Basement
Full, Storage Space
Water
Public
Sewer
Public Sewer
Taxes
$18,174

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Listing courtesy of Listing Agent: Min Xiao (sammix688@gmail.com) from Listing Office: Welhome Realty Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.