$1,075,000
Updated 7 years ago
Sold

603 Knickerbocker Ave

Bushwick, Brooklyn | Palmetto Street & Woodbine Street

13 Rooms7 Beds3 Baths3,248 Square FeetMulti-Family

$1,075,000
floors / apts3 / 2
Lot Size20'x68'
Built Size20'x41'
ZoneR6
Building TypeTownhouse
RE Taxes$6,996
Price Per SF
$331

This property was sold for $1,075,000 on 01/17/20.

Outdoor space and views

  • Backyard

Property Description for 603 Knickerbocker Ave

JUST LISTED! Investor Opportunity in the heart of Bushwick!

603 Knickerbocker is a unique south facing three story, two family building in Bushwick, Brooklyn. With over 3,200sqft of living space, this two family is comprised of two generously laid out duplexes. Each unit comes equipped with brand new appliances including a General Electric Washer & Dryer, Whirlpool Stove/Oven, and a Frigidaire Refrigerator, Dishwasher, and Microwave.

The owner's duplex is a sprawling Five Bedroom (5BR), Two Bathroom (2BA) with a huge Master Bedroom large enough to accommodate a king-sized bed and space for the mobile workforce. Each bedroom comes equipped with ample closet space and an abundance of natural light and air.

The first floor unit is a Two Bedroom (2BR), One Bathroom (1BA) garden duplex with an 800sqft+ finished cellar that has a separate room for a home office or walk-in closet. The garden has been redone and provides a beautiful space for optimized outdoor living.

The property yields a 6% cap rate approximately and is ideal for investors or an end user with rental income.

603 Knickerbocker is surrounded by a wide variety of eclectic, trendy dining options, cocktail joints, coffee shops and parks. Local favorites include: Brooklyn Barista, Familiars Vegan, Father Knows Best, The Factory, The Starliner, Fazio's, Ltauha, Industry 1332, Talon, Paloma's, The Caffeine Underground, Cup of Brooklyn, A win Xin Kitchen, and Akuru Sushi.

Transportation: The L & M trains at Myrtle-Wyckoff Ave are a short distance away.

Listing History for 603 Knickerbocker Ave

Now
01/17/2020
$1,075,000
Sold and Closed by Allison Dubuisson
Douglas Elliman
2020

Building Details for 603 Knickerbocker Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePost-War
AccessWalk-up
Year Built2008
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Wyckoff Avs
0.23 miles
Knickerbocker Av
0.36 miles
Halsey St
0.5 miles

Citi Bike

Putnam Ave & Knickerbocker Ave
0.11 miles
Linden St & Knickerbocker Ave
0.13 miles

Contact Agents

Contact Agents

Allison Dubuisson
Douglas Elliman
Justin McMahon
Douglas Elliman
Jessica Peters
Douglas Elliman

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 74360TH