Updated 4 days ago

296 Throop Ave

Bedford Stuyvesant, Brooklyn | Park Ave & Myrtle Ave

20 Rooms10 Beds8.5 Baths6,222 Square FeetIncome Property

$3,700,000
floors / apts5 / 8
Lot Size24'x90'
Building TypeTownhouse
RE Taxes$288
Price Per SF
$595

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Garden
  • Laundry Room
  • Roof Deck

Property Description for 296 Throop Ave

296 Throop Avenue presents a rare opportunity to acquire a newly constructed, 8-family multifamily building in the heart of Brooklyn. Built in 2014, the property spans approximately 6,277 square feet above grade and offers a desirable mix of one- and two-bedroom residences with high-end finishes throughout.

With strong in-place income, exceptionally low expenses, and annual real estate taxes of just $289 thanks to a 421A tax abatement in place through 2042, the property delivers attractive long-term investment fundamentals. Its modern construction, efficient layouts, and favorable tax structure make 296 Throop Avenue especially compelling for investors and 1031 exchange buyers seeking stable income with minimal operating costs.


Listing History for 296 Throop Ave

Now
06/24/2026
$3,700,000
Initial Price by Shai Bernstein
Douglas Elliman
2026

Building Details for 296 Throop Ave

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2015
Floors/Apts5/8
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Willoughby Avs
0.31 miles
Flushing Av
0.43 miles
Myrtle Av
0.44 miles

Citi Bike

Pulaski St & Throop Ave
0.08 miles
Throop Ave & Myrtle 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: 64834TH