Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,325,000

· Closed December 23, 2024

194 Stuyvesant Avenue
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Closed For Sale Multi Family

$3,325,000

$421 per sq ft

194 Stuyvesant Avenue

Bedford-Stuyvesant, Brooklyn

MLS® #RLS10983828

RLS at REBNY

Listing by Compass

14

Bedrooms

9.5

Baths

7,907

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 14
Bathrooms 9 full, 2 half
Living Area 7,907 sq ft
Year Built 2016
Ownership None
Property Taxes $3,876/yr
Neighborhood Bedford-Stuyvesant
Floor 1 of 4

Property Highlights

  • Outdoor Space: Balcony
  • Climate Control: Central Air

Property Details

Type Multi Family
Ownership None
Total Rooms 31
Baths 8 Full, 2 Half
Floor 1 of 4
Cooling Central Air
Pets CatsOk, DogsOk
Year Built 2016
Living Area 7,907 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 01630-0045
Block/Lot 01630/45

Description

421A tax abatement through 2030 Discover your investment opportunity at 194 Stuyvesant Ave, a true gem for seasoned investors and newcomers to the NYC market alike. Developed by industry experts boasting over two decades of experience, this property epitomizes turn-key excellence. Erected in 2016, 194 Stuyvesant boasts 8-units on a generous 25' × 100' lot in prime Bedford Stuyvesant, offering investors a hassle-free journey. The highlight of this opportunity are the benefits from a coveted tax abatement extending through 2030. The low taxes combined with a strong rent roll make it an exceptionally attractive investment choice with a CAP rate exceeding 6.5%. Full setup available upon request. The apartments at 194 Stuyvesant Avenue feature well-designed duplex layouts, with options ranging from 1-bedroom to 2-bedroom configurations. Most units offer the bonus of private outdoor spaces, which is highly desirable to tenants. Inside, residents enjoy the convenience of top-of-the-line gas ranges and refrigerators, dishwashers, and brand-new appliances. Central air and heating ensure year-round comfort. For added convenience, the property includes a common roof deck and laundry room. Situated in the heart of Bed-Stuy, 194 Stuyvesant Avenue benefits from its proximity to the Kosciuszko Street Station of the J train, with the Z, M, A, and C trains also within easy reach. The neighborhood is home to a variety of local favorites, including Turtles All the Way Down, Natural Blend Vegan Restaurant, Familiars Coffee Shop, Chez Alex, Peaches, and a wealth of other dining and entertainment options. With its strategic location and attractive amenities, 194 Stuyvesant Avenue is a tenant’s dream, ensuring high occupancy rates for years to come. Don’t miss out on this prime investment opportunity. Contact us today to learn more and take the first step towards securing your financial future with 194 Stuyvesant Ave.

Features & Amenities

Interior Features

High Ceilings Common On Floor Common Area Flooring: Hardwood

Exterior Features

Balcony Private Yard Balcony

Appliances

Cooktop Dishwasher Gas Cooktop

Building Information

Total Units 8
Stories 4
Structure MultiFamily

Financial Details

RE Taxes $3,876/yr ($323/mo)
Original Price $3,595,000
Sale Price $3,325,000
Previous Price $3,495,000

Bedford/Stuyvesant is a traditional Brooklyn neighborhood characterized by its leafy streets and strong residential identity. The housing stock features a blend of traditional row houses and contemporary boutique developments, offering a balanced lifestyle within a storied community.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

77

Median Asking Price

$1.30M

Median $/Sqft

$875

Avg Days on Market

N/A

New This Week

6

Price Reduced

29%

Sold (30 Days)

7

Median Sale Price

$1.75M

Live data from RLS at REBNY • Updated 3/23/26, 6:15 PM EST

Recently Sold in Bedford-Stuyvesant

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Location

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194 Stuyvesant Avenue, Bedford-Stuyvesant, Kings County

Floor Plans

Floor Plan
MLS® ID: RLS10983828
First Listed: 1/19/2024
On Market: 1/19/2024
Price Changed: 12/23/2024
Closed: 12/23/2024
Contract Date: 1/1/2024

Listing Courtesy of Compass - David Chang

Listing Contact: (914) 420-1985

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 10:15 PM UTC

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