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$1,495,000

735 Knickerbocker Ave

Brooklyn, NY
Active
18
Bedrooms
7
Bathrooms
6,864
Square Feet
0.05
Lot Size (acres)
1909
Year Built
117
Days On Market

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 residential units are rent Stabilized (3 bedrooms with 1 bath per unit) - One apartment and garage are VACANT. - Cap rate approx 5%. The property consists of 6 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.

Listing Information

Listing Updated
06/24/2026
Listed By
Min Xiao · Welhome Realty Inc, 6465351268
MLS#
1017261
Source
OneKey MLS
Status
Active

Facts & Features

Location

Community Information

Address
735 Knickerbocker Ave, Brooklyn, NY 11221
City
Brooklyn
County
Kings (Brooklyn)
Zip Code
11221

Architecture

Bedrooms
18
Bathrooms
7
Year Built
1909
Construction Materials
Brick
Building Area
6,864 sq. ft.
Garage
Yes
Garage Spaces
1
Parking Features
Garage

Features & Amenities

Interior Features
Eat-in Kitchen
Cooling
None
Heating
Natural Gas, Radiant

Property Features

Lot Size
0.05 Acres
Water
Public
Sewer
Public Sewer
Utilities
Natural Gas Available, Natural Gas Connected, Electricity Connected

Square Footage

Total
6,864 sq. ft.

Tax & Financial Information

List Price
$1,495,000
Annual Taxes
$18,174

Schools

53/100
Ps 151 Lyndon B Johnson
Elementary · Grades PK–05 · 0.1 mi
Assigned school for this home
City
Brooklyn
Students
306
Student body
85% Hispanic / Latino · 11% Black · 2% White
Free/reduced lunch
87%
Phone
(718) 326-6360
52/100
Academy Of Urban Planning And Engineering (The)
High · Grades 09–12 · 0.2 mi
Assigned school for this home
City
Brooklyn
Students
189
Student body
78% Hispanic / Latino · 18% Black · 2% White
Free/reduced lunch
97%
Phone
(718) 381-7100
100/100
Ps/Is 384 Frances E Carter
Elementary · Grades PK–08 · 0.4 mi
City
Brooklyn
Students
639
Student body
85% Hispanic / Latino · 13% Black · 2% Asian
Free/reduced lunch
77%
Phone
(718) 642-4890
99/100
Academy For Excellence In Leadership
High · Grades 09–12 · 0.2 mi
City
Brooklyn
Students
355
Parent reviews
5.0★ avg · 2 reviews
Student body
71% Hispanic / Latino · 22% Black · 4% White
Free/reduced lunch
55%
Phone
(718) 381-7100
98/100
Ps 106 Edward Everett Hale
Elementary · Grades PK–05 · 0.2 mi
City
Brooklyn
Students
517
Student body
86% Hispanic / Latino · 11% Black · 2% Asian
Free/reduced lunch
95%
Phone
(718) 574-0261
94/100
Bushwick Community High School
High · Grades 09–12 · 0.3 mi
City
Brooklyn
Students
152
Parent reviews
5.0★ avg · 2 reviews
Student body
67% Hispanic / Latino · 32% Black · 1% White
Free/reduced lunch
82%
Phone
(718) 443-3083
75/100
Brooklyn School For Math And Research (The)
High · Grades 09–12 · 0.2 mi
City
Brooklyn
Students
272
Parent reviews
5.0★ avg · 2 reviews
Student body
47% Black · 40% Hispanic / Latino · 5% Asian
Free/reduced lunch
90%
Phone
(718) 381-7100
75/100
All City Leadership Secondary School
High · Grades 06–12 · 0.3 mi
City
Brooklyn
Students
432
Parent reviews
5.0★ avg · 2 reviews
Student body
75% Hispanic / Latino · 9% White · 9% Black
Free/reduced lunch
81%
Phone
(718) 246-6500

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
06/23/2026Listed for sale$1,495,000

Listed by Min Xiao · Welhome Realty Inc · 6465351268

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: June 24, 2026 at 8:13 PM | Source: OneKey MLS | MLS#: 1017261

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