194 Stuyvesant Avenue
Sold 12/23/24
Sold 12/23/24

Description
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
- dchang@compass.com
P: (914)-420-1985
- natalia.harvey@compass.com
P: (312)-918-3908
- albert.rossmeier@compass.com
P: (818)-747-8163
Amenities
- Street Scape
- City Views
- Open Views
- Balcony
- Private Yard
- Private Roof Deck
- Common Roof Deck
- Spiral Staircase
Property Details for 194 Stuyvesant Avenue
Status | Sold |
---|---|
Days on Market | 326 |
Taxes | $323 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 31.0 |
Compass Type | Townhouse |
MLS Type | Multi Family |
Year Built | 2016 |
Views | None |
Architectural Style | - |
Lot Size | 2,500 SF / 25' x 100' |
County | Kings County |
Buyer's Agent Compensation | 2.5% |
Building
194 Stuyvesant Ave
Building Information for 194 Stuyvesant Avenue
Property History for 194 Stuyvesant Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 194 Stuyvesant Avenue
Schools near 194 Stuyvesant Avenue
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.
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