‹ Back to Listings | Next Property ›

Status: Active

986 Jefferson Avenue, #

Stuyvesant Heights

$3,750,000
 |  6 Beds  |  8 Baths  |  0SF

Description

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.
Property Features:
Location: Stuyvesant Heights, Brooklyn
Unit Breakdown: 6 One-Bedrooms, 2 Studios
Tax Abatement: 421a until 2031
Construction Year: 2016
Occupancy: Fully rented
Investment Highlights:
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
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.
...
More >

Property Details

  • Multi Family

Amenities

  • Cooling: Ductless; None; View: Other; None; Pets: UnitNo; NewDevelopment

The Neighborhood

Stuyvesant
Heights
Stuyvesant Heights

Coming soon

Stuyvesant Heights Guide ›
All Neighborhoods ›

For information on 986 Jefferson Avenue, # contact:

realtor top real estate agent

Carlo Fortunato

Licensed RE Salesperson

718-757-8420

Licensed RE Salesperson
carlo@brickandmortar.com
718-757-8420

realtor top real estate agent

B&M Sales

Licensed RE Salesperson

(718) 599-0869

Licensed RE Salesperson
sales@brickandmortar.com
(718) 599-0869

Listing courtesy of Corcoran Group
The First Name field is required.
The Last Name field is required.
The Email field is required.
The Mobile Number field is required..

Similar Properties

Stuyvesant Heights Multi Family for sale

719 Madison Street TH

4 Bd 3 Ba  |  2,198 SF  |  $1,495,000
Stuyvesant Heights

Stuyvesant Heights Multi Family for sale

5 Sumpter Street NA

Bd Ba  |  0 SF  |  $1,295,000
Stuyvesant Heights
Listing courtesy of Corcoran Group

Listing courtesy of Corcoran Group
Stuyvesant Heights Single Family for sale

15 Sumpter Street NA

Bd Ba  |  0 SF  |  $1,295,000
Stuyvesant Heights
Listing courtesy of Corcoran Group

Listing courtesy of Corcoran Group
All information is intended only for the visitor’s personal, noncommercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024. The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. RLS Data display by Brick & Mortar.