Brooklyn, NY 11207,879 Knickerbocker AVE
Brooklyn, NY 11207,879 Knickerbocker AVE
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$ 3,500,000
Est. payment | /mo

3,001 Sqft Lot


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$ 3,500,000
Est. payment | /mo
Save

3,001 Sqft Lot

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

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

GET MORE INFORMATION

agent

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

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879 Knickerbocker AVE