Updated 4 years ago
Off Market
180 Sumpter Street
Bedford Stuyvesant, Brooklyn | Howard Ave & Saratoga Ave
30 Rooms12 Beds6 Baths4,125 Square FeetMulti-Family
$1,898,000
floors / apts3 / 5
Lot Size25'x100'
Built Size25'x55'
ZoneR6B
Building TypeTownhouse
RE Taxes$5,196
Price Per SF
$460
Outdoor space and views
- Backyard
Property Description for 180 Sumpter Street
7.5% CAP RATE !!
**5 family alert** Rare opportunity to own a 5 unit building. All units are free market.
Each apartment has two bedrooms, a living room, a dining area, kitchen and a bright bathroom. Gas and electric are separately metered. First floor apartment is the biggest, with 4 bedrooms and access to the backyard and garden. The Entire property has been well maintained through the years. This property has extremely low taxes of a little over $5,000 a year! Located just Two blocks from B25 and B7 buses and the A,C train at Ralph Ave station. J,Z trains available at the Chauncey Station. Two of the apartments are occupied and Three will be delivered vacant. This property has huge potential with a gross of $162,000 and an NOI of $143,000 Annually. It is also possible to put laundry in the building basement for extra income.
Listing History for 180 Sumpter Street
Now
10/16/2022
POM by Lin Han
Compass
07/20/2022
$1,898,000 [-$101,000] [5.1%]
Price Drop by Lin Han
Compass
Building Details for 180 Sumpter Street
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1909
Floors/Apts3/5
Transit and Citi Bike
Subway
Ralph Av
0.19 miles
Rockaway Av
0.32 miles
Chauncey St
0.42 miles
Halsey St
0.43 miles
Citi Bike
Fulton St & Saratoga Ave
0.13 miles
Chauncey St & Howard Ave
0.14 miles
Bedford Stuyvesant | Brooklyn
Quick Profile
Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood.
Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue.
At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 85130TH
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