Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
433 Dekalb Avenue
Active For Sale Multi Family

$5,700,000

$812 per sq ft

433 Dekalb Avenue

Bedford-Stuyvesant, Brooklyn

MLS® #RLS20054406

RLS at REBNY

Listing by Compass

18

Bedrooms

6

Baths

7,020

Sq. Ft.

1905

Year Built

Quick Summary

Bedrooms 18
Bathrooms 6
Living Area 7,020 sq ft
Year Built 1905
Ownership None
Neighborhood Bedford-Stuyvesant
Floor 1 of 4

Property Highlights

  • Character: Pre-war building (1905)

Property Details

Type Multi Family
Ownership None
Total Rooms 24
Baths 6 Full
Floor 1 of 4
Pets Yes
Year Built 1905
Living Area 7,020 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 01924-0060
Block/Lot 01924/0060

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.

Features & Amenities

Interior Features

See Remarks Flooring: Hardwood

Exterior Features

Private Outdoor Space Over60 Sqft

Building Information

Total Units 8
Stories 4
Structure MultiFamily

Bedford/Stuyvesant is a traditional Brooklyn neighborhood characterized by its leafy streets and strong residential identity. The housing stock features a blend of traditional row houses and contemporary boutique developments, offering a balanced lifestyle within a storied community.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

71

Median Asking Price

$1.50M

Median $/Sqft

$971

Avg Days on Market

N/A

New This Week

5

Price Reduced

20%

Sold (30 Days)

12

Median Sale Price

$1.42M

Live data from RLS at REBNY • Updated 2/16/26, 2:53 AM EST

Location

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433 Dekalb Avenue, Bedford-Stuyvesant, Kings County

MLS® ID: RLS20054406
First Listed: 10/14/2025
On Market: 10/14/2025
Price Changed: 1/7/2026
Contract Date: 10/10/2025

Listing Courtesy of Compass - Christine A Blackburn

Listing Contact: (917) 392-4200

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 7:53 AM UTC

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