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    1 Knickerbocker Ave Brooklyn, NY 11237

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    For Sale
    Contact for pricing

    6,900 SF commercial building with high ceilings and loft.

    Property size:
    6,900 SF
    Lot size:
    0.06 Acres

    Property Features for 1 Knickerbocker Ave

    General Information

    Size
    6,900 SF
    Lot size
    0.06 Acres

    Source: M2 CRE Agent Max Lu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Commercial Building with Loft

    This 6,900 SF commercial building features 2,300 SF on the ground floor, a 2,300 SF cellar with a full kitchen, and a 2,300 SF second-floor loft space. The property benefits from high ceilings throughout and over 125 feet of frontage as a prominent corner building. The lot area is 2,310 SF. It is located in Brooklyn, NY. The zoning is M1-2, with a Commercial/Manufacturing FAR of 2.0 and a Community Facility FAR of 4.8. The real estate taxes are $58,374, with a rent roll of $258,000 and expenses of $60,197, resulting in a NOI of $197,803.
    Insight Report Location Intelligence

    Current Use by Public Records

    About Last Night Bar Print Mafia NYC Screen Printing Shop

    Suggested Use

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

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

    Similar Places Nearby

    Florencia Flower Shop, Millefiori Florist, GEMINIS FLOWER SHOP, Fleuncie Flower Shop, Floristeria Rosa De Guadalupe

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.931652
    Latitude
    40.707646

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    FAQs

    What type of property is this?
    Storefront property - 6,900 SF commercial building with high ceilings and loft.
    Where is this storefront property located?
    The property is located at 1 Knickerbocker Ave Brooklyn, NY.
    What are key features of this property?
    This property features: - High Net Operating Income (NOI) of $197,803; - Significant Rent Roll of $258,000; - Prominent corner building with over 125 ft of frontage
    (212) 203-4395
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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
    1 Knickerbocker Ave Brooklyn, NY 11237
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