250 Stanhope Street is a unique six family three story building nestled in the heart of Bushwick on a lovely residential block that is steps from all of the action! Well maintained six 1BR 1Bath apts. Fully occupied with creative professional tenants who designed each space in their own unique way. This rent stabilized multifamily building is sitting on a lot size 25x100, building size 25x62, total of 4650 sf. Zoning is R6 with an unused FAR of 1425sf, which can potentially allow you to build up a whole floor. Great investment property at 6% cap return with rent income of approx. $115,000/yr. Please request setup for detailed numbers. Phenomenal neighborhood, centrally located, a few blocks away from the J,M&L trains and Maria Hernandez park. Walking distance to neighborhood Shops, Bars and Cafes.

Property Details of 250 Stanhope Street, Unit Building

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Listed by Sharon Cohen and Einat Bar of Compass

Based on information submitted to REBNY as of May 21, 2022 5:47 PM 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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