313 Knickerbocker Ave

313 Knickerbocker Ave, Brooklyn, NY 11237

  • For Sale $3,850,000
  • Property Type Mixed Use
  • Property Size 8,375 SF
  • Units 8
  • Lot Size 2,500 Acre
  • Zoning R6B/C1-3
  • # of Floors 4
  • Year Built 1931
  • Date Updated Dec 12, 2023

Charismatic mixed-use building located on the corner of Hart Street and Knickerbocker Avenue.

125′ of wraparound frontage along Bushwick’s primary mixed-use corridor.

Located steps from Maria Hernandez Park and just two blocks from both L & M trains.

Meticulously maintained with major updates throughout apartments and commons areas.

Large residential units with bright corner exposure and ample light and air.

Occupied by two neighborhood staples, Heartbreakers Restaurant and Paradise Taco.

$340,000 Gross Income with a $250,000 NOI, offering a 6.5% Cap Rate at our Ask.

Income Mix: 43% Free Market, 43% Retail, and 14% Rent Stabilized.

Unit Mix: Two (2) retail units, four (4) free-market, and four (4) rent-regulated apartments.

Apartments: Three (3) 1BR, four (4) 2BR and one (1) 3BR.

Tax Class 2B limits tax increases to no more than 8% a year, or 30% over 5 years.

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Attachments

Contacts

broker

DJ Johnson

Matthews Real Estate Investment Services

(718) 701-5367

broker

Jermaine Pugh

Matthews Real Estate Investment Services

(718) 701-5129

broker

Bobby Lawrence

Matthews Real Estate Investment Services

(718) 554-0337

broker

Bryan Kirk

Matthews Real Estate Investment Services

(646) 868-0045

broker

Henry Hill

Matthews Real Estate Investment Services

(718) 874-8539

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    96/100 Biker's Paradise
Powered by Walk Score ®
  • City Brooklyn, NY
  • Neighborhood Bushwick
  • Zip Code 11237
  • Market Brooklyn

Points of Interest

  • Dekalb Ave & Wycoff Ave - SE Corner

    0.26 miles

  • Dekalb Ave & Wycoff Ave - SW Corner

    0.26 miles

  • Dekalb Ave & Wycoff Ave - NW Corner

    0.27 miles

  • DeKalb Avenue

    0.27 miles

  • Dekalb Ave & Wycoff Ave - NE Corner

    0.28 miles

  • Stanhope St & Wycoff Ave - SW Corner

    0.28 miles

  • Knickerbocker Avenue

    0.28 miles

  • Stanhope St & Wycoff Ave - SE Corner

    0.29 miles

  • Stanhope St & Wycoff Ave - NW Corner

    0.30 miles

  • Stanhope St & Wycoff Ave - NE Corner

    0.30 miles

  • BP

    0.47 miles

  • Exxon

    0.60 miles

  • BP

    0.61 miles

  • Pure Energy

    0.70 miles

  • BP

    0.76 miles

  • Sunoco

    0.76 miles

  • BP

    0.88 miles

  • Sunoco

    0.93 miles

  • BP

    1.03 miles

  • Shell

    1.20 miles

  • MMP Parking LLC

    0.25 miles

  • Stop & Shop Parking

    1.66 miles

  • Havens Place Lot

    2.00 miles

  • Connoly's Parking Lot

    2.46 miles

  • FDNY Fleet Services

    2.58 miles

  • Cielo Garage

    2.60 miles

  • Private Parking Lot

    2.65 miles

  • Underhill Garage

    2.80 miles

  • Central Parking System of New York, Inc.

    2.97 miles

  • NYPD Brooklyn Tow Pound

    2.98 miles

  • Hotel Bogart Street, Brooklyn

    0.55 miles

  • New York Loft Hostel

    0.60 miles

  • New York Moore Hostel

    0.80 miles

  • Broadway Hotel

    0.82 miles

  • Neptune Hotel

    0.98 miles

  • Red Carpet Inn

    1.03 miles

  • casa reservada para vacaciones

    1.50 miles

  • hull

    1.72 miles

  • Hotel Indigo

    1.76 miles

  • Lexington Inn - Brooklyn NY

    2.04 miles

  • Hartbreakers

    0.00 miles

  • Mi Bella Dama

    0.05 miles

  • Amanda's Kitchen

    0.05 miles

  • Dahlia Mexican Restaurant

    0.08 miles

  • BK JANI

    0.08 miles

  • Amaranto

    0.11 miles

  • The Wheelhouse

    0.13 miles

  • Shen Zhou

    0.14 miles

  • El Sol De Cholula

    0.14 miles

  • Millie’s Cuban Café

    0.14 miles

  • Intermediate School 347

    0.24 miles

  • Public School 86

    0.25 miles

  • Intermediate School 349

    0.26 miles

  • J.H.S. 162 The Willoughby

    0.39 miles

  • P.S. 116

    0.41 miles

  • Saint Brigids School

    0.54 miles

  • P.S. 305

    0.54 miles

  • All Leadership Secondary School

    0.55 miles

  • Public School 305 Learners and Leaders

    0.55 miles

  • St. Brigid Catholic Academy

    0.56 miles

  • Little Einstein's Daycare

    1.23 miles

  • Audrey Johnson Day Care Center

    1.28 miles

  • Simcha Tots

    1.48 miles

  • Our Children The Leaders of Tomorrow

    1.59 miles

  • Precious Moments

    1.74 miles

  • Friends of Crown Heights Educational Center

    1.81 miles

  • Mi Casita

    1.92 miles

  • Little Lola & Tots

    1.93 miles

  • Little Sun People

    1.96 miles

  • Bambi Day Care Center

    1.97 miles

Frequently Asked Questions

What is the lease rate for 313 Knickerbocker Ave?

Rental asking rate at 313 Knickerbocker Ave is $1,925,000.00/YR.

What is the total square footage of 313 Knickerbocker Ave?

313 Knickerbocker Ave totals 8,375 square feet.

When was this property built?

313 Knickerbocker Ave was built in 1931.

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