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Mixed-Use

313 Knickerbocker Avenue

313 Knickerbocker Ave, Brooklyn, NY 11237

Listing Price: $4,450,000

Cap Rate
5.48%
Number of Units
10
Occupancy
100.0%
Price/Unit
$445,000
Price/Gross SF
$494.44
Gross SF
9,000

Investment Overview

Marcus & Millichap is pleased to offer 313 Knickerbocker Avenue, located on the corner of Hart Street in the Bushwick section of Brooklyn, New York. The subject property, 313 Knickerbocker Avenue, is a four-story corner mixed-use building that consists of two retail units, 3 one-bedroom, 4 two-bedroom, and 1 three-bedroom apartments. The property is built 25 feet by 100 feet on the first floor, 25 feet by 90 feet on the second through fourth floors and sits on a 25 foot by 100 foot lot with approximately 9,250 gross square feet. The property is zoned R6, C1-3 (Block: 3236, Lot: 8) This property offers investors the rare opportunity to purchase a corner mixed-use building with renovated apartments, many building wide upgrades and retail frontage on Kinckerbocker Avenue retail corridor in the heart of Bushwick Brooklyn, New York.

Investment Highlights

  • Corner Knickerbocker Avenue Mixed-Use Building in the Heart of Bushwick
  • Only 25 Minutes into Manhattan | Two Blocks to L and Two Blocks To The M Subway Line
  • Corner Retail Frontage on Knickerbocker Avenue
  • Four Free Market Apartments | Four Rent Regulated Apartments

Exclusively Listed By

Mixed-Use

313 Knickerbocker Avenue

Listing Price: $4,450,000

Cap Rate
5.48%
Number of Units
10
Occupancy
100.0%
Price/Unit
$445,000
Price/Gross SF
$494.44
Gross SF
9,000

Investment Highlights

  • Corner Knickerbocker Avenue Mixed-Use Building in the Heart of Bushwick
  • Only 25 Minutes into Manhattan | Two Blocks to L and Two Blocks To The M Subway Line
  • Corner Retail Frontage on Knickerbocker Avenue
  • Four Free Market Apartments | Four Rent Regulated Apartments

Investment Overview

Marcus & Millichap is pleased to offer 313 Knickerbocker Avenue, located on the corner of Hart Street in the Bushwick section of Brooklyn, New York. The subject property, 313 Knickerbocker Avenue, is a four-story corner mixed-use building that consists of two retail units, 3 one-bedroom, 4 two-bedroom, and 1 three-bedroom apartments. The property is built 25 feet by 100 feet on the first floor, 25 feet by 90 feet on the second through fourth floors and sits on a 25 foot by 100 foot lot with approximately 9,250 gross square feet. The property is zoned R6, C1-3 (Block: 3236, Lot: 8) This property offers investors the rare opportunity to purchase a corner mixed-use building with renovated apartments, many building wide upgrades and retail frontage on Kinckerbocker Avenue retail corridor in the heart of Bushwick Brooklyn, New York.

Exclusively Listed By

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