$1,495,000

735 Knickerbocker Avenue, Brooklyn, NY 11221

  • 18 beds |
  • 7 baths |
  • 6,864 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon2,200sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $218/sqft
  • Property List Date Icon Listed 2 days ago

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.

Listing Status:
Active
Data Last Updated:
June 25, 2026 at 1:20PM
Listing Office:
Welhome Realty Inc : 347-654-7599
MLS ID:
1017261
  • General: Eat-in Kitchen
  • Basement: FullStorage Space
  • A/C: None
  • Heating: Natural GasRadiant
  • Parking: GarageParking spaces: 1
  • Originating MLS: onekey2
  • School District: Brooklyn 32
  • County: Kings (Brooklyn)
  • Zoning: 03399-0010
  • Utilities: Electricity ConnectedNatural Gas Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Welhome Realty Inc

Monthly Payment

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

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