About 879 Knickerbocker Avenue
Prime corner 8,100 sq. ft. mixed-use property in one of Brooklyn’s hottest markets. Fully occupied income-producing Bushwick multifamily: 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: $160,000/year — Cap Rate: 4.5% -Surrounded by new multi-family projects, hot retail openings, and rising rents -Corner location = unmatched visibility + premium tenant demand
Features of 879 Knickerbocker Avenue
| MLS® # | 899523 |
|---|---|
| Price | $3,500,000 |
| Bathrooms | 0.00 |
| Square Footage | 8,100 |
| Acres | 0.07 |
| Year Built | 1904 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 879 Knickerbocker Avenue |
|---|---|
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | NY |
| Zip Code | 11207 |
Additional Information
Listing Details
| Office | Jerry Fink Real Estate Inc |
|---|---|
| Office Contact | 718-766-9175 |