194 Stuyvesant Ave

Great investment opportunity in a newly developed (2016) 8 unit rental property with great income. 194 Stuyvesant is on a 24’ x 100’ lot with approximately 7,907 square feet of space spanning 5 stories. The building is fully occupied and has a potential **cap rate of 7%! There is a combination of 1 and 2 bedroom configuration with about 80% of the units being duplex’s. Hardwood floors throughout each unit and fitted with stainless steel gas ranges, refrigerator, dishwasher, and microwave. Modern and compact Navien boilers for each unit located in the basement. Building also has a common roof top and laundry room. **contact our team for more information and a setup sheet