For Sale · Listing by Compass
433 Dekalb Avenue
Bedford-Stuyvesant, Brooklyn
$5,700,000
433 Dekalb Avenue
MLS® #RLS20054406
Listing by Compass
- 18
- Bedrooms
- 6
- Baths
- 7,020
- Sq. Ft.
- 1905
- Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1905)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 14, 2025 | $6,000,000 | - |
| Currently | Aug 13, 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
Exterior Features
Building Information
About Bedford-Stuyvesant
View All Bedford-Stuyvesant ListingsBedford/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 NeighborhoodActive Listings
80
Median Asking Price
$1.47M
Median $/Sqft
$877
Avg Days on Market
N/A
New This Week
3
Price Reduced
30%
Sold (30 Days)
6
Median Sale Price
$1.24M
Live data from RLS at REBNY • Updated 8/13/26, 6:27 AM EST
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Location
433 Dekalb Avenue, Bedford-Stuyvesant, Kings County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste 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 Milton Coste.
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 milton@miltoncoste.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) 416-7433Listing 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 Data display by Keller Williams NYC. Data last updated on 8/13/2026 at 10:27 AM UTC
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Bedford-Stuyvesant Market Update
6 sales last 30 days · $1.47M median · 13.3 months supply
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Quick Facts
Monthly Costs Estimate
$1,140,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$128,250
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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