313 Knickerbocker Ave
10 Unit Apartment Building $3,495,000 ($349,500/Unit) Brooklyn, NY 11237
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INVESTMENT HIGHLIGHTS
- Charismatic Presence: 25’ x 100’ corner mixed-use building located on Hart Street and Knickerbocker Avenue.
- Meticulously Maintained: Recent major updates throughout apartments and commons areas.
- Excellent Light and Air: Large residential units with bright corner exposure.
- 125’ of Wraparound Frontage: on Bushwick’s primary retail / mixed-use corridor.
- Well Located: Steps from Maria Hernandez Park and just two blocks from both L & M trains.
- Owner-User Opportunity: Retail units will be delivered vacant.
EXECUTIVE SUMMARY
Broker of Record
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
Price | $3,495,000 |
Price Per Unit | $349,500 |
Sale Type | Investment |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.06 AC |
Building Size | 8,375 SF |
Average Occupancy | 100% |
No. Stories | 4 |
Year Built | 1931 |
Opportunity Zone |
Yes |
1 of 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
Parcel Number | 03236-0008 | Improvements Assessment | $757,350 |
Land Assessment | $8,550 | Total Assessment | $765,900 |
ZONING
Zoning Code | R6, C1-3 (Qualified Opportunity Zone) |