294 Stanhope St - Apartments FOR SALE


Brooklyn, NY 11237- Bushwick
$2,799,000 USD
347-450-3577
294 Stanhope St, Brooklyn, NY for Sale
$2,799,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

294 Stanhope St
Brooklyn, NY 11237
Bushwick


HIGHLIGHTS

  • 6-Family Gem in the Heart of Bushwick – Live in Luxury, Collect 5 Rents!
  • Apartment A is a renovated duplex masterpiece featuring approx. 1,500 sq ft of high-end living space
  • Live in style while the other 5 units generate passive income.
  • Four of the remaining five apartments have been tastefully renovated

OVERVIEW

6-Family Gem in the Heart of Bushwick – Live in Luxury, Collect 5 Rents! Welcome to a rare investment and lifestyle opportunity in the vibrant and rapidly gentrifying neighborhood of Bushwick, Brooklyn. This solid investment 6-family property offers the perfect blend of upscale living and smart investing. Whether you're an investor looking for strong rental income or a buyer seeking a luxury home with built-in revenue, this one checks all the boxes. Apartment A is a renovated duplex masterpiece featuring approximately 1,500 sq ft of high-end living space. Currently configured as a spacious 1-bedroom with 1.5 baths, it can easily be converted into a 3-bedroom layout. Enjoy top-tier finishes including: Custom white maple cabinetry GE Profile stainless steel appliances (microwave, dishwasher, refrigerator with automatic ice dispenser) Recessed lighting & hardwood floors Central A/C and heating (mini-split units) Solid interior doors, generous closet space Private outdoor space for your enjoyment Live in style while the other 5 units generate passive income. Four of the remaining five apartments have been tastefully renovated, and all are occupied by respectful, paying tenants, ensuring consistent cash flow from day one. Building: 25 ft x 50 ft Lot: 25 ft x 100 ft Zoning: R6 FAR: 1.5; Max FAR: 2.43 Taxes: $8,392/Yr This is a rare find in a prime location with endless upside. Call today to schedule your private tour! Robert Napolitano 917-225-7584 (*The real estate broker is the owner of the property.) *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.

FOR SALE DETAILS

PRICE

$2,799,000 USD

PRICE/SF

$560 USD /SF

# OF UNITS

6

PRICE/UNIT

$466,500

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R6

APN/PARCEL ID

03270-0014

ASK ABOUT THIS PROPERTY

Robert NapolitanoCapri Jet RealtyMore Info
347-450-3577

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Robert NapolitanoCapri Jet RealtyMore Info
347-450-3577

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.