Knickerbocker Avenue, Brooklyn, NY 11237

Home/Investment Sales/Off Market Investment Sales/Knickerbocker Avenue, Brooklyn, NY 11237

Knickerbocker Avenue, Brooklyn, NY 11237

$6,000,000.00

  • Brand new corner building consisting of 8 residential units, 3 commercial units, office space, and 2 roof decks in the heart of the Bushwick neighborhood of Brooklyn.
  • All units are free market.
  • The building is elevatored — all separately metered for gas, electric, and hot water.
  • Retail will be delivered occupied at closing and with final CO in place.
  • The property has a 15-year ICAP Abatement.
  • Each unit has a washer & dryer.
  • The property is located near Knickerbocker Avenue [M] Train Station.
  • Asking Price ~ $6,000,000
  • Cap Rate ~ 5.6%
  • GRM ~ 13.64

Details

  • Brand new corner building consisting of 8 residential units, 3 commercial units, office space, and 2 roof decks in the heart of the Bushwick neighborhood of Brooklyn.
  • All units are free market.
  • The building is elevatored — all separately metered for gas, electric, and hot water.
  • Retail will be delivered occupied at closing and with final CO in place.
  • The property has a 15-year ICAP Abatement.
  • Each unit has a washer & dryer.
  • The property is located near Knickerbocker Avenue [M] Train Station.
  • Asking Price ~ $6,000,000
  • Cap Rate ~ 5.6%
  • GRM ~ 13.64

Additional Information

Asset Type

Mixed-Use

City

Brooklyn

Neighborhood

Bushwick

Broker

Yuriy Ustoyev

Price

$6,000,000

Map

 

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    Contact Info

    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com