735 Knickerbocker Ave, Brooklyn, NY 11221

Beds
18
Baths
7
Sqft
6,864
Garage
Yes

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Listed byWelhome Realty Inc
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
18
Number of bathrooms
7
Square feet
6,864
Lot size (acres)
0.05
Year built
1909

Interior features

Basement
Yes

Exterior features

Horse amenities
Stable

Garage and parking

Garage parking spaces
1

Utilities

Heating
Natural Gas, Radiant
Cooling
None
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$18,174.28

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Onekey MLS MLS®#: 1017261 Last checked:

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