879 Knickerbocker Avenue, Brooklyn, NY, 11207
$3,500,000
Multi Family
Commercial
Details
ML#: 899523
- # of Families: 11
- Sale or Rent:Sale
- Year Built: 1904
- Taxes: $31,786
- Status:Active
Description
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
More Property Details
Lot Size: 0.0689
Lot Sq Ft: 3000
Heat: See Remarks
A/C: Multi Units
Water: Public
Sewer: Public Sewer
Taxes: $31,786
Block: 3437
Lot: 9
Listing Information provided courtesy of
Jerry Fink Real Estate Inc
718-766-9175