$2,695,000

294 Stanhope Street, Brooklyn, NY 11237, US

Summary

Style: Multi Family
Sq Ft: 3750
Year Built: 1931

Moving Quotes

primary photo for 294 Stanhope Street, Brooklyn, NY 11237, US

Remarks

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.

Details

MLS#: 876078
Price: $2,695,000

Style: Multi Family
Sq Ft: 3750
Year Built: 1931

County: Kings (Brooklyn)
Tax Fee: 8393.36

School Elementary: Ps 123 Suydam
School Middle: Jhs 162 Willoughby (The)
School High: All City Leadership Secondary Sch
School District: Brooklyn 32

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Broker Contact

Capri Jet Realty Corp
533 Metropolitan Ave
Brooklyn, NY, 11211
US
Robert Napolitano
! 718-388-2188
! robert@caprijetrealty.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by OneKey MLS
Last updated: 2025-06-10T17:08:36.000-04:00.
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