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Property Description

Turnkey Investment Opportunity in Bushwick! This six-unit multifamily property on Stanhope Street generates a strong net income of approximately $78K annually after expenses. The building is well-maintained with reliable, paying tenants, ensuring stable cash flow from day one. One unit will be delivered vacant, offering an opportunity for owner-occupancy or to maximize rental income at market rates.

Located in the heart of Bushwick, Brooklyn, a high-demand rental market with continued appreciation, this property benefits from easy access to public transportation, thriving local businesses, and a strong tenant pool. With low operating expenses and consistent rental income, this is a great addition to any investor’s portfolio. Don’t miss out on this high-yield asset in a prime Brooklyn location!

Features
Heating System:
Natural Gas, Steam
Cooling System:
No
Sewer:
Other
Utilities:
Sewer Available
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Property and Construction
Development Status:
Brick
Agent MlsId:
64197
Office MlsId:
EXTDKC
Number Of Units:
6
Special Listing Conditions:
No
Tax Annual Amount:
$11,909
Water Source:
Public
PhotosCount:
4

Commercial Sale For Sale

234 Stanhope, New York, NY

$2,099,999
Listing ID #821739
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
821739
Price :
$2,099,999
Bathrooms Total :
0
Building Area :
4,875 Sqft
Year Built :
1931
Status :
Active
Status :
Active
Listing Office :
Exit Realty DKC
Listing Agent :
Jenely M. Bautista
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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