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 cap rate 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.
Listed by Christine A Blackburn
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Compass
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(917) 392-4200
Listed by LIOR BARAK
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Compass
Last updated October 15, 2025
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Source: REBNY #RLS20054406
Listing Facts
TypeMulti-family
NeighborhoodBedford-Stuyvesant
Bedrooms18
Bathrooms6
Days on Prevu9
Size7,020 sqft
Price per sqft$855
Location
Mortgage Calculator
Listing History
10/14/2025
Listed by Compass
$6,000,000
Estimated Closing Costs
Total
$263,900
Attorney Fees
$4,000
NYC Mansion Tax
$135,000
Title Insurance
$27,000
Bank Attorney
$1,500
Mortgage Recording Tax
$92,400
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $6,000,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.