194 Stuyvesant Avenue, Brooklyn, New York, 11221

194 Stuyvesant Avenue
Brooklyn NY 11221

Cross street:Quincy Street

Building

Type:Low-rise
Era:Pre-war
Floors:6

Property

Ownership: Income Property
Rooms: 31
Bedrooms: 14 BR
Bathrooms: 9

Financials

Price: $3,850,000
1107 Bedford Avenue
Courtesy of Compass

Description

New building offering a 5.7% Cap rate. Perfect for investors with a 1031 exchange or new investors looking for a long-term reliable building that was built by a quality builder that has over 20 years experience. 194 Stuyvesant is an 8 unit rental property, developed in 2016. There is currently a tax abatement for the 15 years which ends in 2030. The building sits on a 25’ x 100’ lot with over 7,907 square feet of space spanning over 4 stories. The building consists of duplex 1 bedrooms, loft 2 bedrooms, straight 1 bedrooms, and loft 1 bedroom configurations, 5 apartments have private outdoor space! All the apartments feature a gas range, refrigerator, dishwasher, and microwave, central air, and heat. The building also has a Laundry Room and common rooftop for tenants. Located a few blocks away from the J train, Kosciusko street station and the Z, M, A, & C trains are also nearby.

Amenities

Laundry Room; Roof Deck;

  • Balcony
  • Private Garden
  • Terrace
  • Laundry Room
  • Roof Deck
  • Video Intercom
  • Walk-up

Neighborhood

More listings:

New building offering a 5.

Description

New building offering a 5.7% Cap rate. Perfect for investors with a 1031 exchange or new investors looking for a long-term reliable building that was built by a quality builder that has over 20 years experience. 194 Stuyvesant is an 8 unit rental property, developed in 2016. There is currently a tax abatement for the 15 years which ends in 2030. The building sits on a 25’ x 100’ lot with over 7,907 square feet of space spanning over 4 stories. The building consists of duplex 1 bedrooms, loft 2 bedrooms, straight 1 bedrooms, and loft 1 bedroom configurations, 5 apartments have private outdoor space! All the apartments feature a gas range, refrigerator, dishwasher, and microwave, central air, and heat. The building also has a Laundry Room and common rooftop for tenants. Located a few blocks away from the J train, Kosciusko street station and the Z, M, A, & C trains are also nearby.

Amenities

Laundry Room; Roof Deck;

  • Balcony
  • Private Garden
  • Terrace
  • Laundry Room
  • Roof Deck
  • Video Intercom
  • Walk-up

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.