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1430 Dekalb Ave, Brooklyn, NY, 11237

1430 Dekalb Ave
$1,100,000

Key Information

Cap Rate
7%
Tot. SF
4,350
Units
6
Type
Apartments

Highlights

  • Turnkey Opportunity: Well-maintained building with upgraded utilities allowing for little to no short-term capital improvement requirements.
  • Low Basis: Priced at $252 per SF—below the trailing 12 month year-to-date average of $290 per SF for Bushwick Multifamily.
  • Premier Location: Located in the heart of Bushwick, this property is 2 blocks from Maria Hernandez Park and half a block away from Knickerbocker Avenue – a vibrant mix of acclaimed restaurants, boutique retail, and creative workspaces.
  • Tax Class Protection: Designated as a 2A Tax Class property, capping tax increases at 8% annually or 30% over five years.
  • Transit-Oriented Location: Located 2-3 blocks from Knickerbocker Avenue M-Line and Dekalb Avenue L-Train.

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833, 10311210106 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017