194 Stuyvesant Avenue, Brooklyn, NY, New York 11221. CALLING ALL INVESTORS! Great 1031 exchange! 5.5% cap rate! Located in the heart of Bedstuy, 194 Stuyvesant is a beautiful 8 unit rental building , fully occupied with tax abatement for another 13 years. Developed in 2016, all apartments feature high end finishes, stainless steel appliances, central A/C, and most also feature outdoor space! The Apartments range in size from oversized one bedrooms to two bedroom duplexes, totaling over 7,900 square feet of residential space. The building features a common rooftop and laundry in the building. With a cap rate of 5.5% and a tax abatement until 2032, this building is a great investment opportunity. Few blocks away from the J train ,Kosciusko street station and the Z, M, A, & C trains are also nearby.
Listing courtesy of Compass