2
See all 2 photos
$3,500,000
Est. payment /mo
3,001 Sqft Lot
New
879 Knickerbocker AVE Brooklyn, NY 11207
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 899523
Rental Info No
Year Built 1904
Annual Tax Amount $31,786
Lot Size 3,001 Sqft
Acres 0.0689
Property Sub-Type Multi Family
Source onekey2
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
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
Location
State NY
County Kings (brooklyn)
Rooms
Basement See Remarks
Interior
Heating See Remarks
Cooling Multi Units
Fireplace No
Exterior
Utilities Available See Remarks
Building
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Brick,Other
Others
Special Listing Condition None
Listed by Jerry Fink Real Estate Inc