- For Sale $2,000,000
- Property Type Multi-Family
- Property Size 6,500 SF
- Units 8
- Lot Size 2,435 SF
- Taxes / YR $24,656.00
- Zoning R6
- # of Floors 4
- Parking Spaces Avail. 3
- Parking Ratio 0.46 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1931
- Date Updated Aug 12, 2025
- Construction Type Brick
OPEN HOUSE: 8/17 (Sun) 12 – 1 PM
Rare Corner Brick 8 Family with Garage in Prime Bushwick!
This unique brick 4-story property is located on the corner of Knickerbocker Ave and Putnam Ave in Prime Bushwick. It is 0.5 miles to Halsey St L train station, Irving Square Park and only 1 block to B60 bus stop. It is surrounded by stores, supermarkets, coffee shops, restaurants, and much more.
This pristine corner 4-story brick building offers a unique setup and is an ideal opportunity for an owner-user or savvy investor. It features:
- All units are Rent Stabilized, except Unit 4L (Formerly Rent Controlled)
- Two vacant apartments
- Unit 1R (Rent Stabilized, Vacant): Ideal for owner occupancy. Located adjacent to the garage — potential to combine, expand, or create a duplex with roof deck access. Unlock private outdoor space or build your dream home studio.
- Unit 4L (Formerly Rent Controlled, Vacant): Can be legally renovated for ~$65K–$75K and rented at market rate (~$3,200/mo). Adds $38,400/year to NOI, pushing total income to ~$141K.
- Attached garage with curb cut – use as parking, private studio, or expand your live/work space. Use the curb cut for private parking or delivery access. The garage is leased until May 2027.
- Projected break-even occupancy – with approx. $800K down, your monthly mortgage + taxes are offset by the rental income.
Live for free while your tenants cover your mortgage. This kind of flexible, mixed-use residential setup is increasingly rare in Brooklyn — especially with vacancy, upside, and control already in place.
Lot: 25 x 97.42 ft
Bld: 25 x 65 ft
Zoning: R6
FAR: 2.67; Max FAR: 2.43
Taxes: $24,656/Yr
Don’t Miss this Opportunity!
Call TODAY for a Full Set Up!
Theo Eastwind 718-536-7787
Capri Jet Realty 718-388-2188
*Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
Reach out to the broker for more info on lease terms and amenities
Attachments
Highlights
- Located on the corner of Knickerbocker Ave and Putnam Ave in Prime Bushwick
- It is 0.5 miles to Halsey St L train station, Irving Square Park and only 1 block to B60 bus stop
- It is surrounded by stores, supermarkets, coffee shops, restaurants, and much more.
- Rare Corner Brick 8 Family with Garage in Prime Bushwick!
- Two vacant apartments
- Attached garage with curb cut
- OPEN HOUSE: 8/17 (Sun) 12 – 1 PM
False
Contacts
Location
Getting Around
-
Walk Score ®
85/100
Very Walkable
-
Transit Score ®
100/100
Rider's Paradise
-
Bike Score ®
89/100
Very Bikeable
- City Brooklyn, NY
- Neighborhood Bushwick
- Zip Code 11221
- Market Brooklyn
Points of Interest
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Myrtle–Wyckoff Avenues
0.29 miles
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Halsey Street
0.41 miles
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Knickerbocker Avenue
0.44 miles
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Stanhope St & Wycoff Ave - SE Corner
0.63 miles
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Stanhope St & Wycoff Ave - NE Corner
0.64 miles
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Stanhope St & Wycoff Ave - SW Corner
0.64 miles
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Stanhope St & Wycoff Ave - NW Corner
0.65 miles
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Gates Avenue
0.68 miles
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Dekalb Ave & Wycoff Ave - SE Corner
0.72 miles
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Dekalb Ave & Wycoff Ave - NE Corner
0.73 miles
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BP
0.31 miles
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Hess
0.78 miles
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Pure Energy
1.03 miles
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Exxon
1.11 miles
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Sunoco
1.22 miles
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Shell
1.25 miles
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Revel
2.01 miles
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Tesla Supercharger
2.50 miles
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ChargePoint
3.13 miles
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plugNYC
4.18 miles
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MMP Parking LLC
0.71 miles
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Stop & Shop Parking
1.17 miles
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Havens Place Lot
1.36 miles
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School bus parking
1.68 miles
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Connoly's Parking Lot
2.50 miles
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Cielo Garage
2.97 miles
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Underhill Garage
3.08 miles
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Kings County Parking Garage
3.09 miles
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Private Parking Lot
3.11 miles
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FDNY Fleet Services
3.20 miles
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Red Carpet Inn
0.37 miles
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Marina Hotel
0.64 miles
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Holiday Inn Express
0.84 miles
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Artel 535
0.86 miles
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casa reservada para vacaciones
0.94 miles
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hull
1.09 miles
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Hotel Bogart Street, Brooklyn
1.25 miles
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New York Loft Hostel
1.31 miles
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East New York Inn
1.40 miles
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Imperial Hotel
1.44 miles
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Good Chinese
0.02 miles
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Chimi Mundo
0.03 miles
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Alex Luncheonette
0.05 miles
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Aris Pollos A La Brasa
0.07 miles
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Fazio's
0.10 miles
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Chen Yuan
0.10 miles
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Bushwick Burger
0.12 miles
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New Chang Hong
0.13 miles
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Bombay Kitchen
0.15 miles
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Chef Toribio Restaurante
0.16 miles
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High School of Urban Planning
0.09 miles
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Bushwick High School for Social Justice
0.10 miles
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New York Harbor School
0.11 miles
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Bushwick High School
0.12 miles
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Saint Martins School
0.13 miles
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All Leadership Secondary School
0.18 miles
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Public School 106
0.19 miles
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Public School 151
0.23 miles
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P.S. 116
0.32 miles
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Saint Brigids School
0.40 miles
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Audrey Johnson Day Care Center
0.56 miles
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People's Daycare
0.64 miles
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Little Einstein's Daycare
1.01 miles
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Tender Tots
1.51 miles
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Premier Stepping Stones Child Care
1.79 miles
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Precious Moments
1.90 miles
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Simcha Tots
1.99 miles
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Brooklyn Kids Academy
2.05 miles
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Our Children The Leaders of Tomorrow
2.10 miles
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Little Sun People
2.12 miles
Frequently Asked Questions
The space currently listed for sale at 657 Knickerbocker Ave asks for $2,000,000.
657 Knickerbocker Ave totals 6,500 square feet.
657 Knickerbocker Ave was built in 1931.
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