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Single Family House for Sale in Brooklyn, New York, Brooklyn, NY 11221 | Web ID: 1017261 | $1,495,000

735 Knickerbocker Avenue , Brooklyn , NY 11221

 
Single Family in New York - Knickerbocker Avenue  Brooklyn, NY 11221Single Family Knickerbocker Avenue  Brooklyn, NY 11221, MLS-1017261-2Single Family Knickerbocker Avenue  Brooklyn, NY 11221, MLS-1017261-3Single Family Knickerbocker Avenue  Brooklyn, NY 11221, MLS-1017261-4Single Family Knickerbocker Avenue  Brooklyn, NY 11221, MLS-1017261-5Single Family Knickerbocker Avenue  Brooklyn, NY 11221, MLS-1017261-6
 

Property Description

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.

Property Information

Location/Town New York
Area/County Brooklyn
Post Office/Postal City Brooklyn
Prop. Type Single Family House for Sale
Tax $18,174.00
Bedrooms 18
Total Baths 7
Full Baths 7
Year Built 1909
Basement Full, Storage Space
Construction Brick
Total Units 7
Lot SqFt 2,200
Cooling None
Heat Source Natural Gas, Radiant
Util Incl Electricity Connected, Natural Gas Connected
Days On Market 1
Parking Features Garage
Tax Assessed Value 487350
Units 7
School District Brooklyn 32
Middle School Evergreen Ms-Urban Exploration
Elementary School Ps 151 Lyndon B Johnson
High School Academy Of Urban Planning And
Features Eat-in kitchen
Listing information courtesy of: Welhome Realty Inc

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Fax: 718-896-7020

 

 

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