Turnkey Investment Opportunity in Bushwick! This six-unit multifamily property on Stanhope Street generates a strong net income of approximately $78K annually after expenses. The building is well-maintained with reliable, paying tenants, ensuring stable cash flow from day one. One unit will be delivered vacant, offering an opportunity for owner-occupancy or to maximize rental income at market rates.
Located in the heart of Bushwick, Brooklyn, a high-demand rental market with continued appreciation, this property benefits from easy access to public transportation, thriving local businesses, and a strong tenant pool. With low operating expenses and consistent rental income, this is a great addition to any investor’s portfolio. Don’t miss out on this high-yield asset in a prime Brooklyn location!
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Listing Snapshot
Price
$1,799,999
Days On Site
122 Days
Bedrooms
N/A
Inside Area (SqFt)
4,875 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1931
MLS® Number
821739
Status
Active
Property Tax
$11,909
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a month ago
Price changed to $1,799,999
a month ago
Listing updated with changes from the MLS®
4 months ago
Listing first seen on site
General Features
Property Sub Type
Multi Family
Sewer
Other
SqFt Total
4875
Utilities
Sewer Available
Water Source
Public
Interior Features
Heating
Steam
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Exterior Features
Construction Details
Brick
Listing courtesy of Exit Realty DKC jenelyexitdkc@gmail.com
Based on information submitted to the MLS GRID as of 2025-06-08 06:23 PM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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