986 Jefferson Avenue
986 Jefferson Avenue
$3,750,000
6
8
7,466
7,466
$502
New Construction
Description
Welcome to a prime investment opportunity in the heart of Bedford Stuyvesant! This meticulously crafted, fully rented 8-unit building offers a secure and lucrative investment in one of Brooklyn's most sought-after neighborhoods. Boasting a coveted 421a tax abatement, this property promises excellent returns for savvy investors. Property Features: Location: Stuyvesant Heights, Brooklyn Unit Breakdown: 6 One-Bedrooms, 2 Studios Tax Abatement: 421a until 2031 Construction Year: 2016 Occupancy: Fully...Welcome to a prime investment opportunity in the heart of Bedford Stuyvesant! This meticulously crafted, fully rented 8-unit building offers a secure and lucrative investment in one of Brooklyn's most sought-after neighborhoods. Boasting a coveted 421a tax abatement, this property promises excellent returns for savvy investors. Property Features: Location: Stuyvesant Heights, Brooklyn Unit Breakdown: 6 One-Bedrooms, 2 Studios Tax Abatement: 421a until 2031 Construction Year: 2016 Occupancy: Fully rented Investment Highlights: Prime Location: Situated in the historic and vibrant Stuyvesant Heights, this building benefits from a thriving community, excellent amenities, and easy access to transportation. Unit Mix: The property features a thoughtful unit mix with 6 well-appointed one-bedroom apartments and 2 cozy studio apartments. Tax Advantage: Take advantage of the 421a tax abatement, ensuring reduced property taxes for an extended period, enhancing your overall return on investment. Stability: Enjoy the security of a fully rented building, providing immediate cash flow and minimizing vacancy risks. Modern Construction: Built ground up in 2016, the property offers modern amenities and construction quality, reducing maintenance costs and attracting quality tenants. Strong Cap Rate: Priced to deliver almost a 6% cap rate, this investment provides a competitive return in today's market. Please inquire for property set up. This is a rare opportunity to acquire a turnkey investment property with strong cash flow and the potential for long-term appreciation. Don't miss your chance to own a piece of Stuyvesant Heights and benefit from the ongoing growth of this dynamic Brooklyn neighborhood. Contact us today to schedule a viewing and explore the potential of this exceptional investment property.
Property Details for 986 Jefferson Avenue
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LISTING UPDATED: 02/06/2024 04:48 PM
Property Details for 986 Jefferson Avenue
Status | Active |
---|---|
MLS ID | RPLU-33422833570 |
Days on Market | 114 |
Taxes | $156 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 30.0 |
Compass Type | Townhouse |
MLS Type | House/Building |
Year Built | 2016 |
Lot Size | 2,133 SF / 100' x 21' |
County | Kings County |
Building
Location
Building Information for 986 Jefferson Avenue
Stories4Residences8Year Built2016Building Size21.33' x 54'Building Sq. Ft4,607.28 SFLot Size2,133 SF / 100' x 21'Building AgeNew DevelopmentBuilding TypeTownhouse
Payment Calculator
$20,621 per month
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Property Information for 986 Jefferson Avenue
Property History for 986 Jefferson Avenue
Date | Event & Source | Price | Appreciation | Link |
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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 986 Jefferson Avenue
Taxable ValueLand$74,250Additions$697,500Total$771,750
Home Facts
Total Finished SqFt7,466 SqFtLot Size2,133 SqFtYear Built2016ZoningR6BAPN3014880040
Schools near 986 Jefferson Avenue
This home is within Nyc Geog District #16 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
P.S. 5 Dr Ronald Mcnair PublicPK to 5 | ||
Ms 267 Math Science And Technology Public6 to 8 | ||
Brooklyn High School Law And Tech Public9 to 12 | ||
Gotham Professional Arts Academy Public9 to 12 |
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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