350 Knickerbocker Avenue, Bushwick, NY 11237

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$2,000,000 List Price
Off Market
 
Listing ID 10925868
Property Type Commercial Building
County Kings
Township Brooklyn
Neighborhood Bushwick
Total Tax $40,693
Tax ID 3246 / 31
FEMA Flood Map fema.gov/portal
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Cushman & Wakefield has been exclusively retained to arrange for the sale of 350 Knickerbocker Avenue in Bushwick, Brooklyn. 350 Knickerbocker Avenue is a three-story mixed-use building situated along one of Bushwick's most active retail corridors. The property features two vacant full-floor free-market residential units and a retail unit that is fully-leased through May 2021.This provides the opportunity to begin renovations on the residential units while generating enough income from the retail tenant to cover the carrying costs.
Property Details
  • 4973 SF
  • 2550 SF Lot
  • 3 Stories
Unit Information
Unit #1 – Gross Area: 1500, Occupied
Gross Area: 3500
Exterior Features
  • Near Bus
  • Near Train
Commercial Info
  • Class: Mixed-Use
  • Uses: Ground Floor Retail, Residential Above
Income/Expenses
  • Gross Income $225,600
  • Net Income $156,991
  • Total Exp $6,860,884
Taxes and Fees
  • $40,693 Total Tax
Previously Listed By
Stephen Preuss
CUSHMAN & WAKEFIELD REALTY OF QUEENS LLC
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