Description
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.
Address
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Address: 433 Dekalb Avenue
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City: New York City
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State/county: NY
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Zip/Postal Code: 11205
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Area: Bedford-Stuyvesant
Details
Updated on May 19, 2026 at 6:46 pm-
Property ID RLS20054406
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Price $5,700,000
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Property Size 7020 Sqft
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Bedrooms 18
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Rooms 24
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Bathrooms 6
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Garage Size x x
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Year Built 1905
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Type Multi Family, Residential
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Property Status Active, For Sale
Additional details
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Flooring Hardwood
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County Kings
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Property Type Residential
Features
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