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879 Knickerbocker Avenue Brooklyn, NY 11207
$3,500,000
  • Commercial
  • Year Built 1904
  • Multi Family
  • ML# 899523

Property Details

Overview

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

Key Facts

  • Lot Size: 0.0689
  • Lot Sq Ft: 3000
  • Taxes: $31,786
  • Sale or Rent: Sale
  • Block: 3437
  • Lot: 9

Additional Features

  • Construction Materials: Brick, Other

Interior & Utilities

  • Heat: See Remarks
  • A/C: Multi Units
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $31,786
Listing Information provided courtesy of Jerry Fink Real Estate Inc  718-766-9175
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