New building offering a 5.7% 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 over 20 years experience. 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. The 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.

Property Details of 194 Stuyvesant Avenue, Unit Building

Property Details

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Listed by Giovanni Castro and Ofira Dakcar of Compass

Based on information submitted to REBNY as of May 24, 2022 1:00 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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