Active Multi-Family
Bedford-Stuyvesant
194 Stuyvesant Avenue, Brooklyn, NY 11221
Beds 14
Baths 9
Sq Ft 7907
Exclusive Listing by Compass
$3,495,000

Description

421A tax abatement through 2030 Discover your investment opportunity at 194 Stuyvesant Ave, a true gem for seasoned investors and newcomers to the NYC market alike. Developed by industry experts boasting over two decades of experience, this property epitomizes turn-key excellence. Erected in 2016, 194 Stuyvesant boasts 8-units on a generous 25' × 100' lot in prime Bedford Stuyvesant, offering investors a hassle-free journey. The highlight of this opportunity are the benefits from a coveted tax abatement extending through 2030. The low taxes combined with a strong rent roll make it an exceptionally attractive investment choice with a CAP rate exceeding 6.5%. Full setup available upon request. The apartments at 194 Stuyvesant Avenue feature well-designed duplex layouts, with options ranging from 1-bedroom to 2-bedroom configurations. Most units offer the bonus of private outdoor spaces, which is highly desirable to tenants. Inside, residents enjoy the convenience of top-of-the-line gas ranges and refrigerators, dishwashers, and brand-new appliances. Central air and heating ensure year-round comfort. For added convenience, the property includes a common roof deck and laundry room. Situated in the heart of Bed-Stuy, 194 Stuyvesant Avenue benefits from its proximity to the Kosciuszko Street Station of the J train, with the Z, M, A, and C trains also within easy reach. The neighborhood is home to a variety of local favorites, including Turtles All the Way Down, Natural Blend Vegan Restaurant, Familiars Coffee Shop, Chez Alex, Peaches, and a wealth of other dining and entertainment options. With its strategic location and attractive amenities, 194 Stuyvesant Avenue is a tenant’s dream, ensuring high occupancy rates for years to come. Don’t miss out on this prime investment opportunity. Contact us today to learn more and take the first step towards securing your financial future with 194 Stuyvesant Ave.
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Map

Amenities

Central Air

Transportation

Subway lines nearby
Gates Av/Stuyvesant Av
Gates Av/Lewis Av
Gates Av/Malcolm X Bl
Malcolm X Bl/Greene Av
Lafayette Av/Lewis Av
Malcolm X Bl/Lafayette Av
Gates Av/Marcus Garvey Bl
Gates Av/Patchen Av
Halsey St/Stuyvesant Av
Malcolm X Bl/De Kalb Av

Neighborhood

Schools
La Cima Elementary Charter School
M.S. 267 Math, Science & Technology
Intermediate School 324
New York Child Resource Center Inc.
P.S. 308 Clara Cardwell
Uncommon Schools Bedford Stuyvesant Collegiate
The Katmint Learning Initiative
Ember Charter School - Elementary School
Patricia F. Robinson's Music Studio
House Of Prayer Deliverance Ministries
The Katmint Learning Initiative
Lavender Blues
Tam Tam
The Brooklyn Academy of Global Finance
Brooklyn Emerging Leaders Academy (BELA) Charter High School
Ron Brown Academy - M.S. 57
Htuc Bible Institute
Pathways to Graduation
Awme Church
P.S. 026 Jesse Owens
Madiba Prep Middle School
Glorious Church
New York Board of Education
P140K @ K026
P.S. K140
$3,495,000
favic
Undivided Crew