See Home Value
$2,173,355*
Multifamily - Off Market

551 Knickerbocker Avenue

Brooklyn, NY 11237
bedrooms
6 Beds
bathrooms
5 Baths
square feet
3300 Sqft
$1,440,000 - $1,760,000
Reference Base Price*
35.83%
Since Oct 1, 2020
NY-New York
Primary Model

About This Property

Fantastic Opportunity in the Heart of Bushwick - Perfect Income Producing Investor Deal: 100% Turnkey Renovated Units BUILDING INFORMATION > 3 stories-COMMERCIAL STORE on Ground Floor & 2 renovated residential units on 2nd and 3rd Floors.   > 3,300 SF: building measures 20' x 55'   > 1600 SF lot; measures 20' x 80   > ANNUAL INCOME POTENTIAL $132,000 Store $50,400 + 2 Apt $81,600   > Mint condition, high cap rate & Rate of Return UNIT INFORMATION   > 1100 SqFt Store on Ground Floor + Full Finished Basement   > All apartments 100% GUT RENOVATED featuring top of the line kitchens with stainless steel appliances including microwaves/dishwashers/Washer Dryer   > Apt 1: 3 bedroom 2 bathroom, microwaves/dishwashers/Washer Dryer, SPLIT AIR CONDITIONER & Water Heater   > Apt 2: 3 bedroom 2 bathroom, microwaves/dishwashers/Washer Dryer, SPLIT AIR CONDITIONER & Water Heater BUILDING LOCATION:   > 2 minute walk from the M & L trains (Myrtle-Wyckoff Ave station) Anthony Domathoti, Broker- Owner, Exit Realty Premium

The manager has listed the unit size as 3300 square feet.
Unit Size
3,300Ft²
Days on Market
-
Land Size
-
Price per sqft
$485
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1931

Price History

Date / Event Date Event Price
Sep 2, 2020 No longer available -
No longer available
Aug 27, 2020 Price Decreased $1,600,000
↓ $50K (3%)
Price Decreased
Jun 18, 2020 Price Decreased $1,650,000
↓ $138K (7.7%)
Price Decreased
May 9, 2020 Listed $1,788,000
Listed
Jun 20, 2019 Sold to 153 Property Llc $1,040,000
Sold to 153 Property Llc
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
6 Beds
4.5 Baths
3,300 ft²
$561/ft²
$1,850,000 Jun 21, 2022
$1,850,000 Sep 7, 2022
-
Condo
6 Beds
4 Baths
3,390 ft²
$383/ft²
$1,300,000 Oct 19, 2016
$1,300,000 Jun 8, 2017
$566/mo
Townhouse
6 Beds
3 Baths
2,880 ft²
$535/ft²
$1,541,213 Sep 6, 2022
$1,541,213 Jan 1, 1900
-
Townhouse
6 Beds
3 Baths
2,850 ft²
$473/ft²
$1,349,000 Apr 19, 2022
$1,349,000 Jul 22, 2022
-
Multifamily
6 Beds
6 Baths
4,130 ft²
$303/ft²
$1,250,000 Apr 22, 2016
$1,250,000 Sep 21, 2016
$450/mo
Multifamily
6 Beds
3 Baths
2,565 ft²
$526/ft²
$1,350,000 Jul 27, 2016
$1,350,000 Oct 14, 2016
$107/mo
Townhouse
6 Beds
4 Baths
3,311 ft²
$420/ft²
$1,390,000 Oct 18, 2022
-
-
Townhouse
6 Beds
3.5 Baths
3,159 ft²
$473/ft²
$1,495,000 Aug 16, 2022
-
-
Townhouse
6 Beds
6 Baths
4,125 ft²
$338/ft²
$1,395,000 Feb 7, 2022
-
-
Townhouse
5 Beds
3.5 Baths
3,000 ft²
$598/ft²
$1,795,000 Jun 21, 2022
-
-
Townhouse
5 Beds
4 Baths
2,760 ft²
$580/ft²
$1,600,000 Jun 12, 2022
-
-
Townhouse
7 Beds
4 Baths
2,750 ft²
$509/ft²
$1,400,000 Nov 2, 2022
-
$757/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200509
05/09/2020
6 Bed
5 Bath
3300 ft²
$1,788,000
bedrooms
6 Bed
bathrooms
5 Bath
square feet
3300 ft²
-
-
-
Anthony DOMATHOTI
Exit Realty Premium

Building Info

551 Knickerbocker Avenue 551 Knickerbocker Avenue, Brooklyn, NY 11237
  • 5 Units
More about this Building
551 Knickerbocker Avenue
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About Northern Brooklyn


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