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Key Details
Sold Price $2,500,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 6,590 sqft
Price per Sqft $379
MLS Listing ID RLS10764281
Sold Date 04/06/22
Bedrooms 8
Full Baths 4
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
Introducing 383 Knickerbocker Ave, Premium Flagship Corner Mixed-Use building in heart of Bushwick in its Busiest Retail & Residential Corridors. Extraordinary opportunity for new ownership to use as a primary to do live/work, re-position the existing building to maximize income, add to existing FAR or develop a full mixed-use project with commercial & community facility possibilities.
Existing Building & Property Features: Current Zoning is C4-3, set on a 25.5' X 100' lot, the existing 3-story masonry building approx. 4,590SF was recently renovated in the last few years with upgrades including 3 complete apartment renovations, new roof, HVAC and more. It currently consists of five income-producing units: The ground floor retail space has tremendous corner frontage from Knickerbocker Ave and Stanhope St and a full basement. The 2nd & 3rd floor apartments are each configured as a 2BD/1BA layout, featuring triple-exposures allowing for abundant natural light in all units and high ceilings.
A bustling location right on Knickerbocker Ave with ever expanding restaurants, bars, coffee shops, galleries, grocery stores, shopping, supermarkets. Walk to the M subway line on Knickerbocker Ave & L subway line on Dekalb Ave or take a stroll at multiple parks including Maria Hernandez Park. Easy access to the Brooklyn-Queens expressway. Some of your neighbors include Wyckoff Medical, CityMD, Walgreens, Bank of America, Citibank, McDonalds, Footlocker, TMobile/AT&T, and so much more!
Location
State NY
County Kings
Building Detail https://bhre.com/nyc/buildings/383-knickerbocker-ave&sold-listing=true
Interior
Fireplace No
Appliance Washer Dryer Allowed
Exterior
Private Pool No
Building
Story 3
Others
Pets Allowed Building No, No
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RLS Data display by Brooklyn Heights Real Estate