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879 knickerbocker ave, broolyn, NY 11207

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For Sale

$3,500,000

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

Explore this Property

Prime corner 8,100 sq. ft. mixed-use property in one of Brooklyn's hottest markets. All 10 residential apartments are rent-stabilized: 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: $230,000/year -NOI: $158,000/year - Cap Rate: 4.5% -Surrounded by new multi-family projects, hot retail openings, and rising rents -Corner location = unmatched visibility + premium tenant demand
MLS# 11552228

Courtesy Of Jerry Fink Real Estate INC

(718) 766-9175

Property Features

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Map and Directions

Directions to 879 knickerbocker ave, broolyn, NY 11207

Home seller CENTURY 21 Achievers

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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