365 Knickerbocker Ave - Storefront Retail/Office FOR SALE


Brooklyn, NY 11237- Bushwick
$3,390,000 USD
718-663-2639
365 Knickerbocker Ave, Brooklyn, NY for Sale
$3,390,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | 6% Cap Rate

365 Knickerbocker Ave
Brooklyn, NY 11237
Bushwick


HIGHLIGHTS

  • Positioned on Knickerbocker Avenue — a high-visibility, high-foot-traffic corridor in the heart of Bushwick
  • Just blocks from the L and M subway lines, providing quick access to Manhattan and other parts of Brooklyn
  • Stabilized investment featuring ground floor retail with residential units above. All units are fully occupied, generating reliable cash flow
  • Located in one of Brooklyn's fastest evolving neighborhoods, fueled by a growing population of young professionals
  • Zoning permits a mix of commercial and residential uses, offering flexibility for future repositioning or redevelopment subject to zoning allowances
  • State law caps the increase in assessed value to a maximum of 8% per year or 30% over any five-year period

OVERVIEW

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 365 KNICKERBOCKER AVENUE, Bushwick, NY 11237 – (the “Property”) – a three-story free market mixed-use building. 365 Knickerbocker Avenue is a mixed-use building featuring ground-floor retail and residential units above. The retail component is currently occupied by One Stop Family Market, while the residential units are fully leased. Situated on Knickerbocker Avenue, 365 Knickerbocker is located in the heart of one of Bushwick’s most active and well-established mixed-use corridors. The property benefits from steady pedestrian foot traffic, strong retail visibility, and close access to both the L and M subway lines—offering direct connectivity to Manhattan and greater Brooklyn. Surrounding tenants include national and regional retailers such as Blink Fitness, Chase Bank, CityMD, and Rainbow Shops, alongside a variety of local restaurants, boutiques, and service providers. The dense residential context and continued neighborhood growth make this a highly desirable location for both commercial and residential uses. For more information, please contact the exclusive brokers directly.

FOR SALE DETAILS

PRICE

$3,390,000 USD

PRICE/SF

$592 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C4-3

APN/PARCEL ID

03258-0007,03258-0008

ASK ABOUT THIS PROPERTY

Stephen PreussRipco Real EstateMore Info
718-663-2639

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Stephen PreussRipco Real EstateMore Info
718-663-2639

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.