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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
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: 11/16/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.5K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
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. Typical income of New York, NY residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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 October 2024, from all listings sold in New York, NY there were more than 269 sold above asking price, over 833 sold below and more than 850 were sold right at the asked price. In October 2024 in New York, NY there were 1.8% more homes for sale than in September 2024. In October 2024 median list price was $856,124 and the average listing age was 84 days.
From Rocket Homes Real Estate and based on county public records data.
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. 
Mexican League Soccer
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Foot Locker
Ross Dress For Less
H&M
Little Caesars
Jack In The Box
Boston Market
Dodge
Nissan
Honda
Urban Adult Contemporary
Rhythmic Contemporary Hits