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294 Stanhope Street

Brooklyn, NY 11237
  • $2,395,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 876078
Price Reduced
UPDATED: 30 min ago
$2,395,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1931
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

6-Family Gem in the Heart of Bushwick Live in Luxury, Collect 5 Rents! Welcome to a rare investment and lifestyle opportunity in the vibrant and rapidly gentrifying neighborhood of Bushwick, Brooklyn. This solid investment 6-family property offers the perfect blend of upscale living and smart investing. Whether you're an investor looking for strong rental income or a buyer seeking a luxury home with built-in revenue, this one checks all the boxes. Apartment A is a renovated duplex masterpiece featuring approximately 1,500 sq ft of high-end living space. Currently configured as a spacious 1-bedroom with 1.5 baths, it can easily be converted into a 3-bedroom layout. Enjoy top-tier finishes including: Custom white maple cabinetry GE Profile stainless steel appliances (microwave, dishwasher, refrigerator with automatic ice dispenser) Recessed lighting & hardwood floors Central A/C and heating (mini-split units) Solid interior doors, generous closet space Private outdoor space for your enjoyment Other features include a brand new intercom audio / visual door bell system, new vinyl siding and a large backyard. Live in style while the other 5 units generate passive income. Four of the remaining five apartments have been tastefully renovated, and all are occupied by respectful, paying tenants, ensuring consistent cash flow from day one. Building: 25 ft x 50 ft Lot: 25 ft x 100 ft Zoning: R6 FAR: 1.5; Max FAR: 2.43 Taxes: $8,392/Yr This is a rare find in a prime location with endless upside.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-08T13:18:49.87.
www.nicoleburkehomes.com/homes/164760551
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294 Stanhope Street Brooklyn, NY 11237

  • Price: $2,395,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 30 min ago
  • MLS #: 876078
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1931
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
Elementary School:
Ps 123 Suydam
Middle School:
Jhs 162 Willoughby (The)
High School:
All City Leadership Secondary Sch
School District:
Brooklyn 32
Property Description
6-Family Gem in the Heart of Bushwick Live in Luxury, Collect 5 Rents! Welcome to a rare investment and lifestyle opportunity in the vibrant and rapidly gentrifying neighborhood of Bushwick, Brooklyn. This solid investment 6-family property offers the perfect blend of upscale living and smart investing. Whether you're an investor looking for strong rental income or a buyer seeking a luxury home with built-in revenue, this one checks all the boxes. Apartment A is a renovated duplex masterpiece featuring approximately 1,500 sq ft of high-end living space. Currently configured as a spacious 1-bedroom with 1.5 baths, it can easily be converted into a 3-bedroom layout. Enjoy top-tier finishes including: Custom white maple cabinetry GE Profile stainless steel appliances (microwave, dishwasher, refrigerator with automatic ice dispenser) Recessed lighting & hardwood floors Central A/C and heating (mini-split units) Solid interior doors, generous closet space Private outdoor space for your enjoyment Other features include a brand new intercom audio / visual door bell system, new vinyl siding and a large backyard. Live in style while the other 5 units generate passive income. Four of the remaining five apartments have been tastefully renovated, and all are occupied by respectful, paying tenants, ensuring consistent cash flow from day one. Building: 25 ft x 50 ft Lot: 25 ft x 100 ft Zoning: R6 FAR: 1.5; Max FAR: 2.43 Taxes: $8,392/Yr This is a rare find in a prime location with endless upside.
Exterior Features

Construction Materials Frame Cross Street Irving Ave Fencing Back Yard Property Attached YN Yes Stories Total 3 Waterfront YN No

Interior Features

Basement Details FinishedFull Basement YN Yes Cooling Central AirVaries by UnitWall/Window Unit(s) Elevator YN No Flooring Hardwood

Property Features

Building Area Total 3750 Building Features Walk Up Heating Natural Gas Lot Size Area 2500 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 8393.36 Tax Source Other Total Vacancies 1 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public Zoning R6

Listing courtesy of Robert Napolitano of Capri Jet Realty Corp: 718-388-2188
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-08T13:18:49.87.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803