433 De Kalb Avenue, Brooklyn, NY 11205

Building Details

Architectural style

Other

Listing agent Christine Blackburn

Listing office Compass 3rd floor 90 Fifth Avenue, 3rd Floor, New York, NY Show Phone

Listing date Oct 14, 2025

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MLS# 11590525

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

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Overview

433 DeKalb Avenue is a boutique four-story, eight-unit free-market rental building. The property is fully occupied and configured as eight efficient apartment layouts. Unit interiors include hardwood floors, modern kitchens and baths, and oversized windows. Utilities are separately metered.

The building is located on the border of Clinton Hill and Bedford-Stuyvesant in Brooklyn. The remarks cite access to transit and a surrounding mix of local dining, shopping, and cultural amenities.

This asset may be suitable for investors looking for a long-term hold or a 1031 exchange property. The listing notes an assumable Freddie Mac loan with a 4% interest rate, 17 years remaining, and a balance of $3.5M. It also notes an additional 3,780 square feet of FAR. The offering is described as generating consistent cash flow from day one based on current occupancy, with an additional 6% cap rate cited in the remarks as based on projected 2026 rents at the current asking price.

Suggested Use

Law Firm Nursing Home Nursing Home Pet Grooming Service Auto Parts Store (Bike/Boat/Book/etc) Store Tanning Salon Home Appliance Store Restaurant Carpet & Flooring Store

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

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.960068

Latitude

40.69058

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FAQs

What type of property is this?

Apartment building - Eight-unit rental building with separately metered utilities, hardwood floors, and an assumable Freddie Mac loan.

Where is this apartment building located?

The property is located at 433 De Kalb Avenue Brooklyn, NY.

What is the asking price?

The asking price for this property is $5,700,000.

What are key features of this property?

This property features: 433 DeKalb Avenue: boutique four‑story, eight‑unit free‑market rental building; Building is fully occupied and generating consistent rental income; Assumable Freddie Mac loan at 4% interest with 17 years remaining for $3.5M