879 Knickerbocker Avenue Brooklyn, NY 11207

Single Family Attached MLS #: 899523 Courtesy Of JERRY FINK REAL ESTATE

Property InformationDescription

Prime corner 8,100 sq. ft. mixed-use property in one of Brooklyn s hottest markets. All 10 residential apartments are rent-stabilized: 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: $158,000/year Cap Rate: 4.5%

-Surrounded by new multi-family projects, hot retail openings, and rising rents

-Corner location = unmatched visibility + premium tenant demand

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Building Units: 11
  • Cooling System: Multi Units
  • Exterior Type: Brick
  • MLSID: 899523
  • Rooms: Basement

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879 Knickerbocker Avenue, Brooklyn, NY 11207
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