ID # | 821739 |
Construction Year | 1931 |
Taxes (per year) | $11,909 |
Bus | 2 min: B38 |
3 min: B54 | |
4 min: B13, B60 | |
8 min: B52 | |
9 min: B26, B57 | |
10 min: Q55, Q58 | |
Subway | 3 min: M |
4 min: L | |
LIRR | 2 miles: "East New York" |
2.1 miles: "Nostrand Avenue" | |
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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! © 2025 OneKey™ MLS, LLC