421A tax abatement through 2030 Discover your investment opportunity at 194 Stuyvesant Ave, a true gem for seasoned investors and newcomers to the NYC market alike. Developed by industry experts boasting over two decades of experience, this property epitomizes turn-key excellence. Erected in 2016, 194 Stuyvesant boasts 8-units on a generous 25' × 100' lot in prime Bedford Stuyvesant, offering investors a hassle-free journey. The highlight of this opportunity are the benefits from a coveted tax abatement extending through 2030. The low taxes combined with a strong rent roll make it an exceptionally attractive investment choice with a CAP rate exceeding 6.5%. Full setup available upon request. The apartments at 194 Stuyvesant Avenue feature well-designed duplex layouts, with options ranging from 1-bedroom to 2-bedroom configurations. Most units offer the bonus of private outdoor spaces, which is highly desirable to tenants. Inside, residents enjoy the convenience of top-of-the-line gas ranges and refrigerators, dishwashers, and brand-new appliances. Central air and heating ensure year-round comfort. For added convenience, the property includes a common roof deck and laundry room. Situated in the heart of Bed-Stuy, 194 Stuyvesant Avenue benefits from its proximity to the Kosciuszko Street Station of the J train, with the Z, M, A, and C trains also within easy reach. The neighborhood is home to a variety of local favorites, including Turtles All the Way Down, Natural Blend Vegan Restaurant, Familiars Coffee Shop, Chez Alex, Peaches, and a wealth of other dining and entertainment options. With its strategic location and attractive amenities, 194 Stuyvesant Avenue is a tenant’s dream, ensuring high occupancy rates for years to come. Don’t miss out on this prime investment opportunity. Contact us today to learn more and take the first step towards securing your financial future with 194 Stuyvesant Ave.
Property Details
Property Features
Property Information:
Year Built: 2016
Living Area: 7,907 SqFt
Listing Office:
Office Name: Compass
Office Phone: (212) 913-9058
Listing Agent: David Chang
Agent Phone: (914) 420-1985
Interior Features
Interior Information:
Appliances: Cooktop, Dishwasher, Gas Cooktop
Flooring Type: Hardwood
Interior: High Ceilings
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 8
Total Bedroom Count: 14
Exterior Features
Exterior Information:
Exterior: Balcony, Private Yard
Parking Information:
Attached Garage: No
Utilities
Utilities Information:
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $3,495,000
Price Per SqFt: $442/SqFt
HOA Fees:
Amount: $0
Frequency: Monthly
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 12/18/2024, 5:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
La Cima Charter School
800 Gates Ave
Distance between this listing and this school0.06 miles
Public Charter Grades KG-5
3
/10
P.S. 308 Clara Cardwell School
616 Quincy St
Distance between this listing and this school0.12 miles
Public District Grades PK-6
4
/10
P.S. 26 Jesse Owens School
1014 Lafayette Ave
Distance between this listing and this school0.26 miles
Public District Grades KG-5
Nearby Schools
5
/10
Middle School 267 Math Science & Technology
800 Gates Ave
Distance between this listing and this school0.06 miles
Public District Grades 6-8
6
/10
Bedford Stuyvesant Collegiate Charter School
800 Gates Ave Fl AVE-4th
Distance between this listing and this school0.06 miles
Public Charter Grades 5-8
3
/10
Whitelaw Reid Academy of Arts and Business
125 Stuyvesant Ave
Distance between this listing and this school0.19 miles
Public District Grades 6-8
Nearby Schools
6
/10
Teaching Firms of America Professional Preparatory Charter School
616 Quincy St Fl ST-3rd
Distance between this listing and this school0.12 miles
Public Charter Grades KG-10
3
/10
Brooklyn Academy of Global Finance (The)
125 Stuyvesant Ave
Distance between this listing and this school0.19 miles
Public District Grades 9-12
2
/10
Brooklyn Emerging Leaders Academy Charter School
125 Stuyvesant Ave Rm 213
Distance between this listing and this school0.19 miles
The neighbors living near this home have an average income of $35,000. Most New York, NY residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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This home is located at 194 Stuyvesant Ave in New York City, NY and zip code 11221 in the Stuyvesant Heights neighborhood. This 7,907 square foot home was built in 2016. Features: 14 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $3,495,000.
In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. The number of homes for sale in New York, NY decreased by 7.2% between October 2024 and November 2024. In November 2024 median list price was $850,115 and the average listing age was 85 days.
From Rocket Homes Real Estate and based on county public records data.
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