See Home Value
$2,099,999
House - Off Market

274 Knickerbocker Avenue

Bushwick, NY 11237
bedrooms
3 Beds
bathrooms
8 Baths, 5 Half Baths
$10,879
Est. Monthly
1.85%
Cap Rate

About This Property

This 3-story mixed-use building in a prime Brooklyn neighborhood presents an exciting investment opportunity. The property currently features 2 commercial units and 1 residential unit, all of which require comprehensive renovation.  The building sits on a prime lot, offering excellent visibility and accessibility. With its vintage charm and potential for transformation, 274 Knickerbocker Ave is an ideal candidate for an investor or developer looking to reposition a property and unlock its full value.  Key details: - Total building size:6250 sq ft - 2 commercial units (2500 sq ft each) - 1 residential unit (1250 sq ft) - Well-located on a busy blocK -r6 -5500 buildable sqft - Zoned for mixed commercial/residential use - In need of complete interior and exterior renovation - Excellent potential to modernize and upgrade - Opportunity to add additional residential units (subject to permits)  This is an exciting chance to acquire a multifaceted property in a highly desirable Brooklyn neighborhood. With the right vision and skillful renovations, 274 Knickerbocker Ave can be transformed into a thriving mixed-use asset.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
1931

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Cap Rate Calculator

Last updated: 4 months ago (OneKey MLS #ONE3545792)

Price History

Date / Event Date Event Price
Nov 12, 2024 Temporarily off market -
Temporarily off market
May 1, 2024 Listed by Concrete Jungle NYC Realty $2,099,999
Listed by Concrete Jungle NYC Realty

Property Highlights

Parking Available
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Half Bathrooms: 5
Full Bathrooms: 3
Rooms: 10
Basement: Full, Partial
Exterior Details
Architectual Style: Tri-Level
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1931
Building Area Units: Square Feet
Construction Methods: Frame
Lot Size Acres: 0.06
Lot Size Square Feet: 2500
Lot Size Dimensions: 25x100
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $6,800
Utilities Details
Cooling: Yes
Cooling: Window Unit(s)
Heating: Natural Gas, Hot Water
Sewer : Public Sewer
Location Details
County or Parish: Brooklyn
Other Details
On Market Date: 2024-05-01


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
2,325 ft²
$938/ft²
$2,180,000 Mar 2, 2022
$2,180,000 Jun 15, 2022
$542/mo
House
3 Beds
4 Baths
1,200 ft²
$1,458/ft²
$1,750,000 Jan 11, 2022
$1,750,000 May 16, 2022
-
House
3 Beds
1 Bath
-
$1,500,000 Dec 18, 2017
$1,500,000 Nov 26, 2019
$891/mo
House
4 Beds
4 Baths
-
$1,900,000 Sep 23, 2021
$1,900,000 Mar 3, 2022
-
Condo
3 Beds
3 Baths
1,669 ft²
$1,147/ft²
$1,915,000 May 15, 2023
$1,915,000 Feb 20, 2024
$1,123/mo
Condo
3 Beds
3 Baths
2,053 ft²
$901/ft²
$1,850,000 May 15, 2023
$1,850,000 Feb 23, 2024
$1,477/mo
Condo
3 Beds
3 Baths
1,996 ft²
$927/ft²
$1,850,000 May 15, 2023
-
$1,661/mo
Condo
3 Beds
3 Baths
1,348 ft²
$1,332/ft²
$1,795,000 May 15, 2023
-
$994/mo
In Contract
Townhouse
4 Beds
5 Baths
3,508 ft²
$556/ft²
$1,950,000 May 9, 2024
-
$357/mo
Multifamily
12 Beds
6 Baths
-
$1,999,999 Feb 5, 2024
-
$673/mo
Multifamily
24 Beds
12 Baths
-
$2,300,000 Feb 21, 2024
-
$1,677/mo
Multifamily
8 Beds
6 Baths
-
$1,999,999 Aug 1, 2024
-
$711/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

274 Knickerbocker Avenue 274 Knickerbocker Avenue, Brooklyn, NY 11237
  • 3 Units
  • 1 Unit for Sale
More about this Building
274 Knickerbocker Avenue
Want to find out who owns 274 Knickerbocker Avenue, Brooklyn, NY 11237? Get detailed property transactions here .

About Northern Brooklyn


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