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879 Knickerbocker Avenue

Brooklyn, NY 11207
  • $3,000,000
  • STATUS: Active
  • ON SITE: 127 Days
  • MLS #: 899523
UPDATED: 76 min ago
$3,000,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1904
County:
Area:

School Ratings & Info

Description

Prime corner 8,100 sq. ft. mixed-use property in one of Brooklyn’s hottest markets. Fully occupied income-producing Bushwick multifamily: 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: $255,000/year -NOI: $185,000/year — Cap Rate: 6.2% -Surrounded by new multi-family projects, hot retail openings, and rising rents -Corner location = unmatched visibility + premium tenant demand

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-15T15:17:45.677.
www.selectyournexthome.com/homes/166768406
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879 Knickerbocker Avenue Brooklyn, NY 11207

  • Price: $3,000,000
  • Status: Active
  • On Site: 127 Days
  • Updated: 76 min ago
  • MLS #: 899523
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1904
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
Property Description
Prime corner 8,100 sq. ft. mixed-use property in one of Brooklyn’s hottest markets. Fully occupied income-producing Bushwick multifamily: 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: $255,000/year -NOI: $185,000/year — Cap Rate: 6.2% -Surrounded by new multi-family projects, hot retail openings, and rising rents -Corner location = unmatched visibility + premium tenant demand
Exterior Features

Construction Materials BrickOther Foundation Details Other Property Attached YN Yes Waterfront YN No

Interior Features

Basement Details See Remarks Basement YN Yes Cooling Multi Units

Property Features

Annual Rental Income 255000 Building Area Total 8100 Heating See Remarks Lot Size Area 3000 Net Operating Income 185000 Operating Expense 70000 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 31786.36 Tax Source Municipality Total Vacancies 0 Utilities See Remarks Water Source Public

Listing courtesy of Briana Santana of Jerry Fink Real Estate Inc: 718-766-9175
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-15T15:17:45.677.
 
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