735 Knickerbocker Ave Brooklyn, NY 11221
Bushwick NeighborhoodEstimated payment $9,955/month
Highlights
- Eat-In Kitchen
- 1 Car Garage
- 3-minute walk to Irving Square Park
About This Home
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.
Listing Agent
Welhome Realty Inc Brokerage Phone: 347-654-7599 License #10311209007 Listed on: 06/23/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,174
Year Built
- Built in 1909
Parking
- 1 Car Garage
Home Design
- Triplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 18 Bedrooms
- 7 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Schools
- Ps 151 Lyndon B Johnson Elementary School
- Evergreen Ms-Urban Exploration Middle School
- Academy Of Urban Planning And Engineering High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Radiant Heating System
- Natural Gas Connected
Additional Features
- Eat-In Kitchen
- 2,200 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 03399-0010
Community Details
Overview
- 7 Units
Building Details
- 8 Separate Electric Meters
- 7 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $18,353 | $585,000 | $9,000 | $576,000 |
| 2025 | $17,384 | $487,350 | $9,000 | $478,350 |
| 2024 | $17,384 | $609,300 | $9,000 | $600,300 |
| 2023 | $15,794 | $658,800 | $9,000 | $649,800 |
| 2022 | $14,586 | $549,000 | $9,000 | $540,000 |
| 2021 | $14,625 | $506,250 | $9,000 | $497,250 |
| 2020 | $6,811 | $555,750 | $9,000 | $546,750 |
| 2019 | $13,490 | $528,120 | $9,000 | $519,120 |
| 2018 | $12,597 | $99,041 | $2,025 | $97,016 |
| 2017 | $11,664 | $91,707 | $2,042 | $89,665 |
| 2016 | $11,823 | $91,707 | $2,316 | $89,391 |
| 2015 | $7,107 | $86,880 | $2,633 | $84,247 |
| 2014 | $7,107 | $82,277 | $2,992 | $79,285 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/23/2026 06/23/26 | For Sale | $1,495,000 | -- | $218 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $438,000 | -- | |
| Deed | -- | -- | |
| Bargain Sale Deed | $75,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $495,000 | Unknown | |
| Closed | $200,000 | Commercial | |
| Previous Owner | $273,750 | Commercial | |
| Previous Owner | $165,750 | Commercial |
Source: OneKey® MLS
MLS Number: 1017261
APN: 03399-0010
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Ask me questions while you tour the home.