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    657 Knickerbocker Ave Brooklyn, NY 11221

    For Sale
    $2,000,000

    MULTI_FAMILY - Brooklyn, NY

    Lot size:
    0.06 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 657 Knickerbocker Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R6
    Rooms
    Basement
    APN
    03365-0100
    Parking features
    Garage
    Basement
    Full
    Lot size
    0.06 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1931
    Floors in Building
    4
    Number of units
    8
    Flooring type
    Hardwood
    Building materials
    Brick

    Capri Jet Realty Corp. (347) 450-3577 [email protected]

    Listing agent Theo F. Eastwind

    Listing date Nov 16, 2025

    Copyright © 2025 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.

    Overview

    Corner Brick Multifamily Building with Garage

    Located in Brooklyn, this four-story brick building is situated on the corner of Knickerbocker Avenue and Putnam Avenue. The property is 0.5 miles from the Halsey Street L train station and Irving Square Park, and one block from the B60 bus stop. The surrounding area includes stores, supermarkets, coffee shops, and restaurants. The building features rent-stabilized units, with the exception of one formerly rent-controlled unit. There are two vacant apartments: Unit 1R, which is rent-stabilized and located adjacent to the garage, and Unit 4L, which was formerly rent controlled. Unit 4L can be renovated and rented at market rate. The property includes an attached garage with a curb cut, suitable for parking or studio space; the garage is leased until May 2027. The lot size is 25 x 97.42 feet, and the building size is 25 x 65 feet. The zoning is R6, with a FAR of 2.67 and a maximum FAR of 2.43. Taxes are $24,656 per year. This property is suitable for an owner-user or investor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.911821
    Latitude
    40.695357

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    FAQs

    What type of property is this?
    Apartment building - Rare Brooklyn corner property with garage, ideal for owner-user.
    Where is this apartment building located?
    The property is located at 657 Knickerbocker Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Corner brick 8-family building with unique setup.; - Two vacant apartments offer immediate income potential and owner-occupancy options.; - Unit 4L, formerly rent controlled, can be renovated and rented at market rate, significantly increasing NOI.
    (718) 388-2188
    Request Owner's contact information
    657 Knickerbocker Ave Brooklyn, NY 11221
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    Brooklyn, NY 11221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    657 Knickerbocker Ave Brooklyn, NY 11221
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