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433 Dekalb Avenue, Brooklyn, NY 11205

Brooklyn
Local realty services provided by:CENTURY 21 Awaye Realty
433 Dekalb Avenue,Brooklyn, NY 11205
$5,700,000
  • 18 Beds
  • 6 Baths
  • 7,020 sq. ft.
  • Multi-family
  • Active
Listed by: christine a blackburn, lior barak, mathew gundell, stephen filipponi
Office: compass
MLS#:RLS20054406
Source:NY_REBNY

Price summary

  • Price:$5,700,000
  • Price per sq. ft.:$811.97

About this home

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...

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Home facts

  • Year built:1905
  • Listing ID #:RLS20054406
  • Added:238 day(s) ago
  • Updated:June 10, 2026 at 10:23 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:24
  • Living area:7,020 sq. ft.

Structure and exterior

  • Year built:1905
  • Building area:7,020 sq. ft.

Finances and disclosures

  • Price:$5,700,000
  • Price per sq. ft.:$811.97
MLS LogoThis information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. NY_REBNY Member Broker: Arlene Waye

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