Contacts
Matthews Real Estate Investment Services
Matthews Real Estate Investment Services
Matthews Real Estate Investment Services
Matthews Real Estate Investment Services
Matthews Real Estate Investment Services
Property Details
- Property Type Mixed Use
- Property Size 8,375 SF
- Units 8
- Lot Size 2,500 Acre
- Zoning R6B/C1-3
- Additional Rent Contact for pricing
- # of Floors 4
- Year Built 1931
- Date Updated Dec 12, 2023
Charismatic mixed-use building located on the corner of Hart Street and Knickerbocker Avenue.
125′ of wraparound frontage along Bushwick’s primary mixed-use corridor.
Located steps from Maria Hernandez Park and just two blocks from both L & M trains.
Meticulously maintained with major updates throughout apartments and commons areas.
Large residential units with bright corner exposure and ample light and air.
Occupied by two neighborhood staples, Heartbreakers Restaurant and Paradise Taco.
$340,000 Gross Income with a $250,000 NOI, offering a 6.5% Cap Rate at our Ask.
Income Mix: 43% Free Market, 43% Retail, and 14% Rent Stabilized.
Unit Mix: Two (2) retail units, four (4) free-market, and four (4) rent-regulated apartments.
Apartments: Three (3) 1BR, four (4) 2BR and one (1) 3BR.
Tax Class 2B limits tax increases to no more than 8% a year, or 30% over 5 years.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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97/100
Walk Score ®
-
100/100
Transit Score ®
-
96/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Bushwick
- Zip Code 11237
- Market Brooklyn
Points of Interest
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Dekalb Ave & Wycoff Ave - SE Corner
0.26 miles
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Dekalb Ave & Wycoff Ave - SW Corner
0.26 miles
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Dekalb Ave & Wycoff Ave - NW Corner
0.27 miles
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Dekalb Ave & Wycoff Ave - NE Corner
0.28 miles
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Stanhope St & Wycoff Ave - SW Corner
0.28 miles
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Knickerbocker Avenue
0.28 miles
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Stanhope St & Wycoff Ave - SE Corner
0.29 miles
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Stanhope St & Wycoff Ave - NW Corner
0.30 miles
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Stanhope St & Wycoff Ave - NE Corner
0.30 miles
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Myrtle–Wyckoff Avenues
0.60 miles
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BP
0.47 miles
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Exxon
0.60 miles
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Pure Energy
0.70 miles
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Sunoco
0.76 miles
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Shell
1.20 miles
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Revel
1.42 miles
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Tesla Supercharger
2.25 miles
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ChargePoint
2.45 miles
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Blink
3.77 miles
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plugNYC
3.91 miles
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MMP Parking LLC
0.25 miles
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Stop & Shop Parking
1.66 miles
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Havens Place Lot
2.00 miles
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School bus parking
2.34 miles
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Connoly's Parking Lot
2.46 miles
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FDNY Fleet Services
2.58 miles
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Cielo Garage
2.60 miles
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Private Parking Lot
2.65 miles
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Underhill Garage
2.80 miles
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MTP Park
2.94 miles
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Hotel Bogart Street, Brooklyn
0.55 miles
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New York Loft Hostel
0.60 miles
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Holiday Inn Express
0.70 miles
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Artel 535
0.71 miles
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New York Moore Hostel
0.80 miles
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Marina Hotel
0.98 miles
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Red Carpet Inn
1.03 miles
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casa reservada para vacaciones
1.50 miles
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42 Hotel
1.57 miles
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hull
1.72 miles
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Green Valley Gourmet Market
0.10 miles
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City Fresh Market
0.17 miles
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Key Food
0.24 miles
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Fine Fare
0.30 miles
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Hana Natural
0.32 miles
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Associated Marketplace
0.36 miles
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La Plasita Ecuatariana
0.36 miles
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Morelos Grocery
0.46 miles
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Sea Town
0.49 miles
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C-Town
0.49 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.
