Contacts
TerraCRG
TerraCRG
Property Details
- 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
Getting around
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98/100
Walk Score ®
-
100/100
Transit Score ®
-
92/100
Bike Score ®
Location
- 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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Morelos Grocery
0.11 miles
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Sea Town
0.13 miles
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Armandos Grocery & Bakery
0.25 miles
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Food Story II
0.26 miles
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ABC Super Stores
0.28 miles
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C-Town
0.28 miles
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La Plasita Ecuatariana
0.33 miles
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Extreme Department Store
0.33 miles
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Food Bazaar Supermarket
0.34 miles
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Meat Market
0.35 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
