Muni Islam
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735 Knickerbocker Avenue , Brooklyn, NY 11221

$1,495,000
  • 735 Knickerbocker Avenue , Brooklyn, NY 11221 Main Photo

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Muni Islam
Call: (516) 653-1116
Text: (516) 653-1116

New to the Market
MLS#1017261
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLBrooklyn 32

Property Description

Prime Mixed-Use Investment OpportunityPresenting 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 units are rent Stabilized.- All residential units are 3 bedrooms with 1 bath.- One apartment currently and garage are VACANT.- Cap rate approx 5%.The property consists of 7 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.

735 Knickerbocker Avenue | MLS# 1017261

This multi-family property located at 735 Knickerbocker Avenue , Brooklyn, NY 11221 is currently listed for sale with an asking price of $1,495,000. Knickerbocker Avenue is located within the Brooklyn 32 school district. Search Brooklyn real estate on munirulislam.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Storage Space
Basement: Yes
Cooling: None
Garage: 1
Heating: Natural Gas, Radiant
Lot Size: 0.05 Acres
Taxes: $18,174
Year Built: 1909

Amenities

Eat-in Kitchen

Feature Descriptions

Building Area Total: 6864
Exterior: Brick
GarageY/N: Yes
On Market Date: 2026-06-23
Parcel Number: 03399-0010
Parking Features: Garage
Parking Total: 1
Rental Term: Monthly
Separate Electric Meters: 8
Separate Gas Meters: 7
Sewer: Public Sewer
Units: 7
Utilities: Electricity Connected, Natural Gas Connected
Water: Public

Local Schools

High School: Academy Of Urban Planning And Engineering (The)
Middle School: Evergreen Ms-Urban Exploration
Elementary School: Ps 151 Lyndon B Johnson
School District: Brooklyn 32

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Estimated Payment

$ 5,277.76 per month $3,327.22 Principal & Interest $1,514.50 Property Tax $436.04 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Welhome Realty Inc
Agency Contact: 347-654-7599

Shown By

Agent Name: Muni Islam
Agent Phone: (516) 653-1116
Agency Title: Laffey Real Estate

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