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$1,495,000
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Property Description
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. The property consists of 7 rent-stabilized units above a thriving street-level retail tenant, creating a diversified income stream in one of Brooklyn's most dynamic neighborhoods. Cap rate approx 5%. 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.
Full Property Details
Full Property Details for 735 Knickerbocker Ave
General
- Price: $1,495,000
- Taxes: $18,174
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1016826
- Updated: 6/22/2026
- Added to Site: 99 day(s) ago
Parking
- Total Spaces: 1
- Parking Features: Garage
Location
- County: Kings (Brooklyn)
School Information
- High School District: Brooklyn 32
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement, Storage Space
- Building Size: 6864
- Square Feet: 6,864
- Year Built: 1909
Lot Features
- Lot Size (Acres): 0.0505
- Lot Size (Sq. Ft.): 2,200
- Zoning: R6
Financial Considerations
- Tax Amount: $18,174.28
Disclosures and Reports
- Special Conditions: None
- Property ID: 03399-0010
Listed by Welhome Realty Inc
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Schools
Schools serving 735 Knickerbocker Ave
School District:New York City Geographic School District 32
| Name | Grades | Distance |
|---|---|---|
Ps 151 Lyndon B Johnson 763 Knickerbocker Ave, Brooklyn, NY 11237 | PK-5 | 0.1 mi |
Evergreen Middle School-Urban Exploration 125 Covert Street, Brooklyn, NY 11207 | 6-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 735 Knickerbocker Ave
Date
Details
Price
Change
Source
6/22/2026
Listed
$1,495,000
241.32%
MLS
9/29/2003
Sold
$438,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 735 Knickerbocker Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,353
—
$585,000
298%
2025
$18,353
6%
$146,827
-76%
2024
$17,384
8%
$609,300
-8%
2023
$16,097
10%
$658,800
20%
2022
$14,625
—
$549,000
8%
2021
$14,625
4%
$506,250
-9%
2020
$14,088
6%
$555,750
5%
2019
$13,341
14%
$528,120
433%
2017
$11,664
—
$99,041
8%
2017
$11,664
-1%
$91,707
—
2016
$11,823
6%
$91,707
6%
2015
$11,193
12%
$86,880
6%
2014
$10,015
6%
$82,277
8%
2013
$9,476
—
$76,186
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 735 Knickerbocker Ave
735 Knickerbocker Avenue, Brooklyn, NY 11221 (MLS# 1016826) is a Commercial property. 735 Knickerbocker Avenue is currently listed for $1,495,000 and was received on June 22, 2026. Want to learn more about 735 Knickerbocker Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

