856 Knickerbocker Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11207- Bushwick
$2,975,000 USD
718-360-8801
856 Knickerbocker Ave, Brooklyn, NY for Sale
$2,975,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 6.01% Cap Rate

856 Knickerbocker Ave
Brooklyn, NY 11207
Bushwick


OVERVIEW

856 Knickerbocker Avenue, a prime investment opportunity located on the corner of Knickerbocker Avenue and Schaefer Street in Bushwick, Brooklyn. This fully renovated corner property, completed in 2004, features four residential units and two retail spaces. The spacious 3-bedroom, 1-bathroom boxed apartments provide a steady income stream. The property spans approximately 5,750 square feet, built on a 25 ft x 70 ft structure, and sits on a 25 ft x 90 ft lot. Conveniently located within walking distance of the J, L, M, and Z subway lines, this property offers great accessibility in one of Brooklyn’s most dynamic neighborhoods.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$644 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,250 SF

ZONING

R6

APN/PARCEL ID

03430-0027

ASK ABOUT THIS PROPERTY

Derek BestreichInvestment Property Realty GroupMore Info
718-360-8801

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Derek BestreichInvestment Property Realty GroupMore Info
718-360-8801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.