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986 JEFFERSON Avenue

986 Jefferson Avenue, New York City, NY 11221

$3,750,000

<div>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.</div><div> </div><div>Property Features:</div><div>Location: Stuyvesant Heights, Brooklyn</div><div>Unit Breakdown: 6 One-Bedrooms, 2 Studios</div><div>Tax Abatement: 421a until 2031</div><div>Construction Year: 2016</div><div>Occupancy: Fully rented</div><div> </div><div>Investment Highlights:</div><div><span></span>Prime Location: Situated in the historic and vibrant Stuyvesant Heights, this building benefits from a thriving community, excellent amenities, and easy access to transportation.</div><div><span></span>Unit Mix: The property features a thoughtful unit mix with 6 well-appointed one-bedroom apartments and 2 cozy studio apartments.</div><div><span></span>Tax Advantage: Take advantage of the 421a tax abatement, ensuring reduced property taxes for an extended period, enhancing your overall return on investment.</div><div><span></span>Stability: Enjoy the security of a fully rented building, providing immediate cash flow and minimizing vacancy risks.</div><div><span></span>Modern Construction: Built ground up in 2016, the property offers modern amenities and construction quality, reducing maintenance costs and attracting quality tenants.</div><div><span></span>Strong Cap Rate: Priced to deliver almost a 6% cap rate, this investment provides a competitive return in today's market.</div><div> </div><div>Please inquire for property set up. </div><div> </div><div>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.</div>

Daniel Cohen

EMAIL: [email protected]

PHONE: (862) 823-2674

Key Features

Full Baths

8

Laundry

In Unit

Cooling

Ductless

The Location

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