194 Stuyvesant Avenue

Bedford-Stuyvesant

$3,595,000
Price
14
Beds
8
Baths
2
1/2 Baths
7,907 Sq. Ft.
$455 / Sq. Ft.
7,907
Sq. Ft.
$455
per Sq. Ft.

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
...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.

Listing Agents

  1. David Chang

    David Chang

    Listing Agent

    Compass

    dchang@compass.com

    P: 914.420.1985

  2. Natalia Harvey

    Natalia Harvey

    Alternative Listing Agent

    Compass

Amenities

  • Street Scape
  • City Views
  • Open Views
  • Balcony
  • Private Yard
  • Private Roof Deck
  • Common Roof Deck
  • Spiral Staircase

Location

Add your commute
LISTING UPDATED: 02/01/2024 03:59 PM

Property Details for 194 Stuyvesant Avenue

StatusActive
Days on Market99
Taxes$323 / month
Maintenance-
Min. Down Pymt-
Total Rooms31.0
Compass TypeTownhouse
MLS TypeMulti Family
Year Built2016
Lot Size2,500 SF / 25' x 100'
CountyKings County

Building

194 Stuyvesant Ave

8 Units4 StoriesBuilt in 2016

Location

Add your commute

Building Information for 194 Stuyvesant Avenue

Stories4Residences8Year Built2016Building Size21.87' x 65'Building Sq. Ft5,686.2 SFLot Size2,500 SF / 25' x 100'Building AgePost-warBuilding TypeLowrise

Payment Calculator

$19,942 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,619

Property Taxes

$323

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 194 Stuyvesant Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 194 Stuyvesant Avenue

Taxable ValueLand$67,500Additions$542,250Total$609,750
Home Facts
Total Finished SqFt7,907 SqFtLot Size2,499 SqFtYear Built2015ZoningR6AAPN3016300045

Schools near 194 Stuyvesant Avenue

This home is within Nyc Geog District #16 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 308 Clara Cardwell
PublicPK to 8

The Brooklyn Academy Of Global Finance
Public9 to 12

Ms 267 Math Science And Technology
Public6 to 8

Jhs 57 Whitelaw Reid
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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194 Stuyvesant Avenue is a townhouse for sale in Bedford-Stuyvesant. This property was listed for sale on January 19, 2024 by Compass, it's currently listed at $3,595,000. This listing's school district is Nyc Geog District #16 - Brooklyn. Nearby schools include P.S. 308 Clara Cardwell, The Brooklyn Academy Of Global Finance and Ms 267 Math Science And Technology. 194 Stuyvesant Avenue is a 14-bed, 9-bath, 7,907 sqft townhouse built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.