Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
433 Dekalb Avenue
Interested in this property?
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

Listing History

Event Date Price Change
Listed Oct 14, 2025 $6,000,000 -
Currently May 4, 2026 $5,700,000 -5.0%

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

Building Data View Compliance & Permits
Total Units 8
Stories 4
Structure MultiFamily

Bedford/Stuyvesant, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

97

Median Asking Price

$1.25M

Median $/Sqft

$947

Avg Days on Market

N/A

New This Week

9

Price Reduced

16%

Sold (30 Days)

14

Median Sale Price

$1.90M

Live data from RLS at REBNY • Updated 5/4/26, 11:19 AM EST

Location

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433 Dekalb Avenue, Bedford-Stuyvesant, Kings County

Building Information

Official NYC property records for this building

1905
Year Built
121 years old
4
Floors
8
Residential Units
R7A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $757,800
Land Value: $65,250
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,700 SF
Building Area: 7,020 SF
Built FAR: 2.6
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 18 bedrooms and 6 full bathrooms.

The listed interior living area is 7,020 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1905, making it approximately 121 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $5,700,000 for 7,020 sq ft, the asking price per square foot is approximately $812. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 3:19 PM UTC

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