New Listing - 06/23/2026
735 Knickerbocker Avenue, Brooklyn, NY, 11221
18 beds
7 Full baths
1909
Triplex
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 units are rent Stabilized. - All residential units are 3 bedrooms with 1 bath. - One apartment currently and garage are VACANT. - Cap rate approx 5%. The property consists of 7 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.
Status:
Active
Type:
Single-family residential
Units:
7
Garage:
1-car
Heating:
Natural Gas, Radiant
Cooling:
None
Basement:
Full, Storage Space
Parking:
1-car, Garage
Acreage:
0.05
Est. Taxes:
$18,174
Assessment
$487,350
Construction
Brick
Utilities
Electricity Connected, Natural Gas Connected
Elementary School:
Ps 151 Lyndon B Johnson
Middle School:
Evergreen Ms-Urban Exploration
High School:
Academy Of Urban Planning And Engineering (The)
School District:
Community District 32
Days on Market:
1
MLS #:
1017261
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Welhome Realty Inc 347-654-7599