- For Sale Contact for pricing
- Property Type Mixed Use
- Property Size 9,000 SF
- Units 8
- Lot Size 3,000 SF
- # of Floors 4
- Year Built 1905
- Date Updated Jun 4, 2025
TerraCRG has been exclusively retained to represent ownership in the sale of 523 Knickerbocker Avenue located in Bushwick Brooklyn. The oversized building is 30 ft wide and 75 ft deep totaling 9,000 SF.
The building contains 7 rent stabilized units and 1 rent controlled unit and has a gross rent roll of ~$127K/year. At asking price, the property is offered at $122/SF, $137K/unit and ~7% Cap Rate. The property is also Tax Class protected and has extremely low taxes for a property of this size.
The building is located within close proximity to both the L Train (Myrtle/Wyckoff) and the M train (Knickerbocker Ave). It is also located within just a few blocks of the prime Knickerbocker retail corridor.
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
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Walk Score ®
98/100
Walker's Paradise
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Transit Score ®
100/100
Rider's Paradise
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Bike Score ®
92/100
Biker's Paradise
- City Brooklyn, NY
- Neighborhood Bushwick
- Zip Code 11221
- Market Brooklyn
Points of Interest
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Knickerbocker Avenue
0.17 miles
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Myrtle–Wyckoff Avenues
0.25 miles
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Stanhope St & Wycoff Ave - SE Corner
0.39 miles
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Stanhope St & Wycoff Ave - SW Corner
0.40 miles
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Stanhope St & Wycoff Ave - NE Corner
0.41 miles
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Stanhope St & Wycoff Ave - NW Corner
0.41 miles
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Dekalb Ave & Wycoff Ave - SE Corner
0.48 miles
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Dekalb Ave & Wycoff Ave - NE Corner
0.49 miles
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Dekalb Ave & Wycoff Ave - SW Corner
0.49 miles
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Dekalb Ave & Wycoff Ave - NW Corner
0.49 miles
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BP
0.14 miles
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Pure Energy
0.85 miles
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Exxon
0.88 miles
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Sunoco
1.01 miles
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Hess
1.03 miles
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Shell
1.18 miles
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Revel
1.77 miles
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Tesla Supercharger
2.66 miles
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ChargePoint
2.87 miles
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plugNYC
4.07 miles
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MMP Parking LLC
0.46 miles
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Stop & Shop Parking
1.33 miles
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Havens Place Lot
1.60 miles
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School bus parking
1.92 miles
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Connoly's Parking Lot
2.46 miles
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Cielo Garage
2.81 miles
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Private Parking Lot
2.92 miles
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Underhill Garage
2.96 miles
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FDNY Fleet Services
2.96 miles
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Kings County Parking Garage
3.14 miles
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Red Carpet Inn
0.60 miles
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Marina Hotel
0.70 miles
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Holiday Inn Express
0.71 miles
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Artel 535
0.72 miles
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Hotel Bogart Street, Brooklyn
0.98 miles
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New York Loft Hostel
1.04 miles
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casa reservada para vacaciones
1.13 miles
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New York Moore Hostel
1.23 miles
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hull
1.32 miles
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East New York Inn
1.64 miles
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Yugen Sushi
0.09 miles
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Omar's Place BK
0.09 miles
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Sushi King
0.09 miles
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New Apollo
0.10 miles
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Subway
0.10 miles
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Taqueria Izucar
0.11 miles
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Popeyes
0.11 miles
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Empire Slice Pizza
0.11 miles
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Taqueria Acatlan
0.11 miles
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La Mesita
0.11 miles
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P.S. 116
0.04 miles
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All Leadership Secondary School
0.10 miles
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High School of Urban Planning
0.21 miles
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New York Harbor School
0.21 miles
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Bushwick High School for Social Justice
0.23 miles
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Bushwick High School
0.23 miles
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Public School 86
0.23 miles
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Saint Brigids School
0.29 miles
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St. Brigid Catholic Academy
0.33 miles
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Saint Martins School
0.40 miles
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People's Daycare
0.73 miles
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Audrey Johnson Day Care Center
0.84 miles
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Little Einstein's Daycare
1.04 miles
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Tender Tots
1.26 miles
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Simcha Tots
1.78 miles
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Precious Moments
1.81 miles
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Premier Stepping Stones Child Care
1.86 miles
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Our Children The Leaders of Tomorrow
1.89 miles
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Little Sun People
2.03 miles
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Nuestros Niños Child Development Center
2.04 miles
Frequently Asked Questions
The sale price for 9,000 SF Building offered at 7% Cap in Prime Bushwick is available upon request. Contact the listing broker for more information.
9,000 SF Building offered at 7% Cap in Prime Bushwick totals 9,000 square feet.
9,000 SF Building offered at 7% Cap in Prime Bushwick was built in 1905.
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