433 De Kalb Avenue, Brooklyn, NY 11205
Commercial Building, Low-rise - Brooklyn, NY
- Added:
- Oct 14, 2025
- Days on Market:
- 253
- Last Refresh:
- Jun 23 at 3:06 am
Property Features for 433 De Kalb Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 18
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage
- Standard status
- Active
- Size
- 7,020 SF
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Architectural style
- Other
Listing agent Christine Blackburn (917) 392-4200
Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY (646) 982-0353
Listing date Oct 14, 2025
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.
HighLights
- Four‑story, eight‑unit free‑market rental building with a garage (Parking feature: Garage).
- Fully occupied building with consistent rental income and room for rent growth as leases turn over.
- Assumable Freddie Mac loan at 4% interest rate, 17 years remaining, with a loan amount of $3.5M.
- Additional 3,780 sq ft of FAR included.
- Units feature hardwood floors, modern kitchens and baths, and oversized windows.
- Utilities are separately metered and the listing projects a 6% cap rate based on projected 2026 rents.
Overview
The building is located on the border of Clinton Hill and Bedford-Stuyvesant in Brooklyn, NY 11205. The surrounding area is described as offering transit access and nearby dining, shopping, and cultural amenities.
This property is positioned for investors seeking a stabilized rental asset, including a 1031 exchange strategy. An assumable Freddie Mac loan is in place at a 4% interest rate with 17 years remaining, and the loan amount is described as $3.5M. The listing also notes additional room for rent growth as leases turn over and provides a stated 6% cap rate based on projected 2026 rents at the current asking price.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.960068
- Latitude
- 40.69058