Price Reduced 5.00%
Listing courtesy of Compass
Price History
$6,000,000
10/10/2025
$5,700,000
1/7/2026
433 Dekalb Avenue, New York, (Bedford-Stuyvesant), NY, 11205
24 rooms
1905
Welcome to 433 DeKalb Avenue, a boutique four-story, eight-unit free-market rental building ideally located on the border of Clinton Hill and Bedford-Stuyvesant. Perfect for a 1031 exchange or long-term hold, this asset offers investors stable income with upside potential. The building is fully occupied, generating consistent cash flow from day one, with additional room for rent growth as leases turn over. There is an assumable Freddie Mac loan in place at a 4% interest rate (17 years remaining) for $3.5M- sweetening the investment opportunity. There is also an additional 3780 sqft of FAR. Units feature efficient layouts, hardwood floors, modern kitchens and baths, and oversized windows—ensuring strong tenant demand and retention. With utilities separately metered and low operating expenses, the property delivers reliable net operating income and an attractive 6% cap rate based on projected 2026 rents at the current asking price. Situated in one of Brooklyn’s most dynamic rental markets, 433 DeKalb Avenue benefits from excellent transit access, local dining, shopping, and cultural amenities, making it a prime income-producing asset and a rare 1031 exchange opportunity.
Status:
Active
Town:
New York
Type:
Condo/Coop
Laundry Remarks:
SeeRemarks
Cooling:
Unknown Type
OLR #:
RLS20054406
Community Info
School Info
Walk Score
Mass Transit
Yelp
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