433 De Kalb Avenue, Brooklyn, NY 11205

$5,700,000
Active for Sale
 
Listing ID 40029733
Property Type Commercial Building
County Kings
Neighborhood Bedford Stuyvesant
FEMA Flood Map fema.gov/portal
   
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Welcome to 433 DeKalb Avenue, a boutique four-story, eight-unit free-market rental building ideally located on the border of Clinton Hill and Bedford-Stuyvesant. Perfect for a 1031 exchange or long-term hold, this asset offers investors stable income with upside potential. The building is fully occupied, generating consistent cash flow from day one, with additional room for rent growth as leases turn over. There is an assumable Freddie Mac loan in place at a 4% interest rate (17 years remaining) for $3.5M- sweetening the investment opportunity. There is also an additional 3780 sqft of FAR. Units feature efficient layouts, hardwood floors, modern kitchens and baths, and oversized windows-ensuring strong tenant demand and retention. With utilities separately metered and low operating expenses, the property delivers reliable net operating income and an attractive 6% cap rate based on projected 2026 rents at the current asking price. Situated in one of Brooklyn's most dynamic rental markets, 433 DeKalb Avenue benefits from excellent transit access, local dining, shopping, and cultural amenities, making it a prime income-producing asset and a rare 1031 exchange opportunity.
Property Details
  • 6 Full Baths
  • 7020 SF (AG)
  • Available 10/14/2025
Community Details
  • Low-rise (Bldg. Style)
Commercial Info
  • % Cap. Rate
Income/Expenses
  • Gross Income -$0
  • Net Income -$0
  • Operating Exp -$0
  • Management Exp -$0
  • Maintainence Exp -$0
  • Legal Exp -$0
  • Insurance Exp -$0
  • Heat Exp -$0
  • Electric Exp -$0
  • Water Exp -$0
  • Parking Exp -$0
  • Misc Exp -$0
  • Total Exp -$0
Listed By
Global Headquarters
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