$925,000
Updated 11 years ago
Sold

211 Knickerbocker Ave

Bushwick, Brooklyn | Jefferson Street & Troutman Street

4,500 Square FeetMixed Use

$925,000
floors / apts3 / 4
Lot Size25'x100'
Built Size25'x60'
ZoneR6
Building TypeTownhouse
Price Per SF
$206

Building Amenities

  • Voice Intercom

Property Description for 211 Knickerbocker Ave

211 Knickerbocker Avenue is a well positioned mixed-use building with one retail store and four residential units. The retail unit is occupied by a national tenant providing strong consistent income ($2,600, 9 yrs. remaining, 4.5% annual increases) while the residential units introduce great upside with below market month to month rents ($1,300 each). The property is conveniently located on the boarder of Williamsburg on Bushwick's prime retail corridor providing access to restaurants, art galleries, grocery stores and night life. The L train just two blocks away at Jefferson Street and Wyckoff Avenue provides city bound access in fifteen minutes. Take advantage of credit worthy tenants priced out of Williamsburg while benefiting from North Bushwick's rising property values.

Listing History for 211 Knickerbocker Ave

Now
07/31/2012
$925,000
Sold and Closed by Michael Amirkhanian
Cushman & Wakefield
07/31/2012
POM by Michael Amirkhanian
Cushman & Wakefield

Building Details for 211 Knickerbocker Ave

OwnershipMixed Use
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/4
Learn More About the Building

Transit and Citi Bike

Subway

Jefferson St
0.28 miles
Central Av
0.39 miles
Morgan Av
0.4 miles
DeKalb Av
0.41 miles
Knickerbocker Av
0.48 miles

Citi Bike

Knickerbocker Ave & George St
0.13 miles
Wilson Ave & Troutman St
0.14 miles

Contact Agents

Contact Agents

Michael Amirkhanian
Cushman & Wakefield
Robert Moore
Cushman & Wakefield

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: 42620TH