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$3,000,000
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Property Description
Prime corner 8,100 sq. ft. mixed-use property in one of Brooklyn's hottest markets. Fully occupied income-producing Bushwick multifamily: 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: $255,000/year -NOI: $185,000/year - Cap Rate: 6.2% -Surrounded by new multi-family projects, hot retail openings, and rising rents -Corner location = unmatched visibility + premium tenant demand
Full Property Details
Full Property Details for 879 Knickerbocker Ave
General
- Price: $3,000,000
- Taxes: $31,786
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 899523
- Updated: 11/24/2025
- Added to Site: 165 day(s) ago
Location
- County: Kings (Brooklyn)
- Driving Directions: See Google Maps
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Attached
- Construction: Brick, Other
- Basement: Yes
- Basement Desc.: See Remarks
- Building Size: 8100
- Square Feet: 8,100
- Year Built: 1904
Lot Features
- Lot Size (Acres): 0.0689
- Lot Size (Sq. Ft.): 3,000
Financial Considerations
- Tax Amount: $31,786.36
Disclosures and Reports
- Special Conditions: None
- Property ID: 03437-0009
- Block: 3437
- Lot Number: 9
Listed by Jerry Fink Real Estate Inc
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Schools
Schools serving 879 Knickerbocker Ave
School District:New York City Geographic School District 32
| Name | Grades | Distance |
|---|---|---|
Ps Is 384 Frances E Carter 242 Cooper Street, Brooklyn, NY 11207 | K-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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 879 Knickerbocker Ave
Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$3,000,000
-14.29%
MLS
8/09/2025
Listed
$3,500,000
—
MLS
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 879 Knickerbocker Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$34,448
8%
$275,580
8%
2024
$31,786
-11%
$254,250
-14%
2023
$35,713
4%
$295,200
3%
2022
$34,346
-47%
$286,650
8%
2021
$64,917
103%
$264,600
-2%
2020
$31,993
9%
$271,350
—
2019
$29,456
12%
$271,350
2%
2017
$26,271
—
$266,850
7%
2017
$26,271
11%
$250,200
36%
2016
$23,670
-6%
$183,600
-12%
2015
$25,137
12%
$208,800
7%
2014
$22,442
10%
$195,750
1%
2013
$20,492
—
$194,400
—
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 879 Knickerbocker Ave
879 Knickerbocker Avenue, Brooklyn, NY 11207 (MLS# 899523) is a Commercial property. 879 Knickerbocker Avenue is currently listed for $3,000,000 and was received on August 09, 2025. Want to learn more about 879 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.

