194 Stuyvesant Avenue

Bedford Stuyvesant   |   Quincy Street & Gates Avenue

Price Drop
Building for sale
$ 3,600,000 [ 5.26% | $ 200,000 ]
Ownership Rental Property
Floors/Apts 6/8
Status Active
Real Estate Taxes [Per Annum] $ 408
Building Type Low-Rise
Year Built 2015
ASF/ASM 7,907/735
Listing ID: 75765TH

Jason Bauer

License

Manager, Lic. Associate RE Broker

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Property Description

CALLING ALL INVESTORS! Great 1031 exchange! 5.5% cap rate! Located in the heart of Bedstuy, 194 Stuyvesant is a beautiful 8 unit rental building , fully occupied with tax abatement for another 13 years.


Developed in 2016, all apartments feature high end finishes, stainless steel appliances, central A/C, and most also feature outdoor space! The Apartments range in size from oversized one bedrooms to two bedroom duplexes, totaling over 7,900 square feet of residential space. The building features a common rooftop and laundry in the building. With a cap rate of 5.5% and a tax abatement until 2032, this building is a great investment opportunity.


Few blocks away from the J train ,Kosciusko street station and the Z, M, A, & C trains are also nearby.
CALLING ALL INVESTORS! Great 1031 exchange! 5.5% cap rate! Located in the heart of Bedstuy, 194 Stuyvesant is a beautiful 8 unit rental building , fully occupied with tax abatement for another 13 years.


Developed in 2016, all apartments feature high end finishes, stainless steel appliances, central A/C, and most also feature outdoor space! The Apartments range in size from oversized one bedrooms to two bedroom duplexes, totaling over 7,900 square feet of residential space. The building features a common rooftop and laundry in the building. With a cap rate of 5.5% and a tax abatement until 2032, this building is a great investment opportunity.


Few blocks away from the J train ,Kosciusko street station and the Z, M, A, & C trains are also nearby.

Listing Courtesy of Compass

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Apartment Features

A/C
194 Stuyvesant Avenue Bedford Stuyvesant Brooklyn NY 11221

Building Details [194 Stuyvesant Avenue]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 1630/45
Building Type Low-Rise
Year Built 2015
Floors/Apts 6/8

Building Amenities

Laundry Rooms
Roof Deck

Building Statistics

$ 41 APPSF

Active Rental Listings

$ 33 APPSF

Rented Listings [Last 12 Months]

Mortgage Calculator in [US Dollars]

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Loan Amount

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.