735 Knickerbocker Ave
Listing Notes
Prime Mixed-Use Investment Opportunity Presenting 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 residential units are rent Stabilized (3 bedrooms with 1 bath per unit) - One apartment and garage are VACANT. - Cap rate approx 5%. The property consists of 6 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.
Price in context
Cheaper than 46% of the 24 homes listed nearby right now, which run $970,000 to $2,099,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 220 Schaefer St Unit 4 | $970,000 | 3 bd · 2 ba |
| 831 Knickerbocker Ave Unit 2F | $975,000 | 3 bd · 2 ba |
| $999,000 | 2 bd · 2 ba | |
| 831 Knickerbocker Ave Unit 3A | $999,000 | 3 bd · 2 ba |
| 831 Knickerbocker Ave Ph 4 | $999,000 | 2 bd · 2 ba |
| 1284 Putnam Ave | $1,150,000 | 5 bd · 2.5 ba |
| 601 Knickerbocker Ave | $1,150,000 | 4 bd · 2 ba |
| 260 Covert St | $1,299,000 | 6 bd · 3 ba |
| 276 Woodbine St | $1,300,000 | 6 bd · 3 ba |
| 255 Covert St Unit Twnhse | $1,325,000 | 9 bd · 3 ba |
| 341 Weirfield St | $1,350,000 | 7 bd · 4 ba |
| 236 Schaefer St | $1,350,000 | 9 bd · 3 ba |
| 219 Cornelia St | $1,399,999 | 5 bd · 3 ba |
| 1245 Madison St | $1,549,000 | 8 bd · 3 ba |
| 302 Weirfield St | $1,595,000 | 3 bd · 3 ba |
| 186 Covert St | $1,599,000 | 7 bd · 5 ba |
| 1205 Hancock St | $1,700,000 | 6 bd · 3 ba |
| 1324 Jefferson Ave Unit Twnh | $1,900,000 | 6 bd · 4 ba |
| 554 Central Ave | $1,900,000 | 9 bd · 2 ba |
| 554 Central Ave | $1,900,000 | 9 bd · 3 ba |
| 252 Woodbine St | $1,949,000 | 8 bd · 3 ba |
| 253 Cornelia St | $1,999,000 | 9 bd · 5 ba |
| 258 Woodbine St | $2,095,000 | 5 bd · 5 ba |
| 1250 Jefferson Ave | $2,099,000 | 9 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more