194 Stuyvesant Avenue

Stuyvesant Heights   |   Quincy Street & Gates Avenue

Price Drop
Building For Sale
$ 3,850,000 [ 3.75% | $ 150,000 ]
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

Property Description

Brand new building offering a 5.5% 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 been building for over 20 years. 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. There 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.
Brand new building offering a 5.5% 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 been building for over 20 years. 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. There 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.

Listing Courtesy of Compass

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Apartment Features

A/C

Outdoor

Balcony
Private Garden
Terrace
194 Stuyvesant Avenue Stuyvesant Heights 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

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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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.