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    375 Knickerbocker Ave Brooklyn, NY 11237-6827
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    Property profile & analytics

    375 Knickerbocker Ave Brooklyn, NY 11237-6827


    • Retail residential properties
    • 8,914 SF
    • 0.06 lot acres
    Off-Market
    Last Sale Mar 9, 2022
    $2,066,666
    Property ID
    US63-3038784
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,495,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail residential properties

    Property Details for 375 Knickerbocker Ave

    Year built
    1931
    Lot size
    0.06 lot acres
    Property size
    8,914 SF
    Zone code
    C4-3
    Property type
    Retail residential properties
    APN
    03258-0003
    APU
    32580003

    Description

    This exceptional retail or restaurant space, located at 375 Knickerbocker Avenue in the vibrant Bushwick submarket of Brooklyn, New York, presents a unique investment opportunity. The property, a Class A building constructed in 1990 and extensively renovated in 2023, boasts a single-tenant occupancy and offers flexible space ranging from 1,100 to 2,200 square feet. Situated on a bustling stretch of Knickerbocker Avenue, near Myrtle Avenue, this five-story building is ideally positioned to capitalize on high foot traffic and significant commercial activity. The property is ready for immediate occupancy, eliminating the need for extensive pre-opening preparations. While it does not include elevators, its prime location and recent renovations make it an attractive proposition for a variety of businesses. The building's address is 375 Knickerbocker Avenue, Brooklyn, NY 11237, within Kings County. This is a single-building property in excellent condition, offering a modern and efficient space for a discerning tenant. The property's location in the dynamic Bushwick neighborhood ensures high visibility and accessibility for customers. This is a turnkey solution for businesses seeking a prominent presence in a rapidly growing area of Brooklyn.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,955,000
      ML approach
      $2,900,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,585,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.921
    Latitude
    40.7006
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $71,213
    $62,100
    $990,900
    $1,053,000
    -
    $138,000
    $2,202,000
    $2,340,000
    More about this property
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