Welcome to a prime investment opportunity in the heart of Bedford Stuyvesant! This meticulously crafted, fully rented 8-unit building offers a secure and lucrative investment in one of Brooklyn's most sought-after neighborhoods. Boasting a coveted 421a tax abatement, this property promises excellent returns for savvy investors.
Location: Stuyvesant Heights, Brooklyn
Unit Breakdown: 6 One-Bedrooms, 2 Studios
Tax Abatement: 421a until 2031
Construction Year: 2016
Occupancy: Fully rented
Prime Location: Situated in the historic and vibrant Stuyvesant Heights, this building benefits from a thriving community, excellent amenities, and easy access to transportation.
Unit Mix: The property features a thoughtful unit mix with 6 well-appointed one-bedroom apartments and 2 cozy studio apartments.
Tax Advantage: Take advantage of the 421a tax abatement, ensuring reduced property taxes for an extended period, enhancing your overall return on investment.
Stability: Enjoy the security of a fully rented building, providing immediate cash flow and minimizing vacancy risks.
Modern Construction: Built ground up in 2016, the property offers modern amenities and construction quality, reducing maintenance costs and attracting quality tenants.
Strong Cap Rate: Priced to deliver almost a 6% cap rate, this investment provides a competitive return in today's market.
Please inquire for property set up.
This is a rare opportunity to acquire a turnkey investment property with strong cash flow and the potential for long-term appreciation. Don't miss your chance to own a piece of Stuyvesant Heights and benefit from the ongoing growth of this dynamic Brooklyn neighborhood. Contact us today to schedule a viewing and explore the potential of this exceptional investment property.