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657 Knickerbocker Avenue
Brooklyn NY 11221 US

$1,875,000

Active Listing ID 897399
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Lot: 0.06 Acres
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Other

$1,875,000

Active Listing ID 897399
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657 Knickerbocker Avenue Rare Corner Brick 8 Family with Garage in Prime Bushwick! This unique brick 4-story property is located on the corner of Knickerbocker Ave and Putnam Ave in Prime Bushwick. It is 0.5 miles to Halsey St L train station, Irving Square Park and only 1 block to B60 bus stop. It is surrounded by stores, supermarkets, coffee shops, restaurants, and much more. This pristine corner 4-story brick building offers a unique setup and is an ideal opportunity for an owner-user or savvy investor. It features: - All units are Rent Stabilized, except Unit 4L (Formerly Rent Controlled) - Two vacant apartments - Unit 1R (Rent Stabilized, Vacant): Ideal for owner occupancy. Located adjacent to the garage - potential to combine, expand, or create a duplex with roof deck access. Unlock private outdoor space or build your dream home studio. - Unit 4L (Formerly Rent Controlled, Vacant): Can be legally renovated for ~$65K-$75K and rented at market rate (~$3, 200/mo). Adds $38, 400/year to NOI, pushing total income to ~$141K. - Attached garage with curb cut - use as parking, private studio, or expand your live/work space. Use the curb cut for private parking or delivery access. The garage is leased until May 2027. - Projected break-even occupancy - with approx. $800K down, your monthly mortgage + taxes are offset by the rental income. Live for free while your tenants cover your mortgage. This kind of flexible, mixed-use residential setup is increasingly rare in Brooklyn - especially with vacancy, upside, and control already in place. Lot: 25 x 97.42 ft Bld: 25 x 65 ft Zoning: R6 FAR: 2.67; Max FAR: 2.43 Taxes: $24, 656/Yr *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.

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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Floor Covering: Hardwood
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement

School Information

  • School
  • Ps 106 Edward Everett Hale(Elementary)
  • Jhs 291 Roland Hayes(MiddleSchool)
  • Academy Of Urban Planning And Engineering (The)(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1875000
  • unparsedaddress: 657 Knickerbocker Avenue
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11221
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0559
  • lotsizeunits: Acres
  • lotsizearea: 0.0559
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Theo F. Eastwind
  • listagentemail: theo@caprijetrealty.com
  • listagentkey: 3yd-MLSLINY-194471
  • listagentmlsid: 194471
  • listagentpreferredphone: 7183882188
  • listofficekey: 3yd-MLSLINY-CPRI01
  • listofficemlsid: CPRI01
  • disclaimer: Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1931
  • listingcontractdate: 2025-08-04
  • listagentfax: 7183882050
  • listagenturl: https://caprijetrealty.com/
  • countyorparish: Kings (Brooklyn)
  • parcelnumber: 03365-0100
  • elementaryschool: Ps 106 Edward Everett Hale
  • highschool: Academy Of Urban Planning And Engineering (The)
  • elementaryschooldistrict: Brooklyn 32
  • middleorjuniorschooldistrict: Brooklyn 32
  • highschooldistrict: Brooklyn 32
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Brick
  • flooring: Hardwood
  • heating: Natural Gas
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 4
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Basement
  • utilities: Water Available
  • basement: Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-MLSLINY-897399", "OpenHouseEndTime": "2026-02-15 13:00:00", "OpenHouseId": "1183312", "OpenHouseRemarks": null, "OpenHouseStartTime": "2026-02-15 12:00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Capri Jet Realty Corp.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"theo@caprijetrealty.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":"robert@caprijetrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Capri Jet Realty Corp.", "ListBrokeragePhone":"(347) 450-3577", "ListBrokeragePostalCode":"11211", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Capri Jet Realty", "ListBrokerageUnparsedAddress":"533 Metropolitan Ave", "ListBrokerageWebsiteUrl":"https://caprijetrealty.com/", "ListOfficeAddress1":"533 Metropolitan Ave ", "ListOfficeAddress2":"Capri Jet Realty", "ListOfficeBrokerMlsId":"CPRI01", "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"USA", "ListOfficeEmail":"robert@caprijetrealty.com", "ListOfficePostalCode":"11211", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Brooklyn, NY", "ListingURL":null, "MLSModificationTimestamp":"2026-02-09 18:07:36", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":22833, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/9/2026 8:02:49 PM GMT
Source Updated Date: 2/14/2026 6:53:47 PM GMT

Courtesy of: Theo F. Eastwind, Capri Jet Realty Corp, theo@caprijetrealty.com

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.