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$3,436,750
List Price: $3,495,000
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194 Stuyvesant Avenue
Townhouse in Stuyvesant Heights •  building info
14bd • 8ba • 7,907ft² $442 per ft²
Buy with Yoreevo

$3,436,750

List Price

$3,495,000

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Key Details
Days on market
183
Last price change
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Estimated payment
$20,725
Taxes
Monthly maintenance
N/A
Description
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 tenants dream, ensuring high occupancy rates for years to come. Dont 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.

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Important Stuff
Pets allowed
Listing Amenities
Hardwood floors
Dishwasher
Building Amenities
Parking Available
Outdoor Space
Balcony
Building info

History
What it'll cost
Purchase price
$3,495,000
Asking Price: $3,495,000
Term
30 Years
Down Payment
$349,000 (10%)
Min: 10% (349,000)
Rate
6.75 %
Mortgage Amount
$3,145,500
Mortgage Payment
$20,402
Taxes
$323
Estimated Yoreevo rebate
$58,250
Estimated closing cost
$134,000
Total monthly cost $20,725
Buy your dream home with us and get an estimated
$58,250 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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