294 Stanhope ST Brooklyn, NY 11237
2,500 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 876078
Rental Info No
Year Built 1931
Annual Tax Amount $8,393
Lot Size 2,500 Sqft
Acres 0.0574
Property Sub-Type Multi Family
Source onekey2
Property Description
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
Other features include a brand new intercom audio / visual door bell system, new vinyl siding and a large backyard.
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.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Cooling Central Air, Varies by Unit, Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Fence Back Yard
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Ps 123 Suydam
Middle Schools Jhs 162 Willoughby (The)
High Schools All City Leadership Secondary Sch
Others
Special Listing Condition None