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194 Stockholm St, Brooklyn, NY, 11237

194 STOCKHOLM ST
$1,050,000

Key Information

Cap Rate
7.25%
GRM
8
Tot. SF
4,350
Units
6
Type
Apartments
NOI
$76,175

Highlights

  • Turnkey-Opportunity: Well-maintained building with upgraded utilities allowing for little to no short-term capital improvement requirements.
  • Low Basis: Priced at $241 per SF—well below the year-to-date Bushwick multifamily average of $303 per SF.
  • Premier Location: Located in the heart of Bushwick, this property is 3 blocks from Maria Hernandez Park and half a block away from Knickerbocker Avenue – a vibrant mix of acclaimed restaurants, boutique retail, and creative workspaces.
  • Tax Class Protection: Designated as a 2A Tax Class property, capping tax increases at 8% annually or 30% over five years.
  • Transit-Oriented Location: Located 2-3 blocks from Knickerbocker Avenue M-Line and Dekalb Avenue L-Train.

Photos

Location

Agents

Broker of Record

Corey Rosenthal

License # 10991237833 (NY)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203