Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 18-bedroom, 6-bathroom commercial at 433 De Kalb Avenue in Brooklyn, NY is listed for $5,700,000 ($812 per sqft). the home offers 7,020 sqft of living space on a N/A lot.

Agent 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.

Property Details

6 full

Monthly Cost Estimate

$30,485/mo

20% down · 6.5% · 30 years

Principal$4,122
Interest$24,700
Insurance$1,663

Estimates only. Actual payments may vary.

Location

433 De Kalb Avenue

Brooklyn, NY 11205

Property Details

Parking

Garage

Questions & Answers

This 18-bedroom, 6-bathroom commercial at 433 De Kalb Avenue is listed at $5,700,000 ($812/sqft). The estimated monthly payment is $24,700 based on 20% down at 6.5% interest.

This property is listed by Christine Blackburn and can be reached at 9173924200 or cblackburn@compass.com.

CB

Christine Blackburn

Agent at Compass

(917) 392-4200

Listed by Compass · View on Broker Site

MLS# 11590525· Source: listhub· Updated 189 days ago

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.

433 De Kalb Avenue, Brooklyn, NY 11205

Open this listing in: