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194 Stockholm St 194 Stockholm St 6 Unit Apartment Building $1,465,716 CAD ($244,286 CAD/Unit) 7.25% Cap Rate Brooklyn, NY 11237

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

Broker of Record
Corey Rosenthal
License # 10991237833 (NY)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Price $1,465,716 CAD
Price Per Unit $244,286 CAD
Sale Type Investment
Cap Rate 7.25%
Gross Rent Multiplier 8
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 4,350 SF
No. Stories 3
Year Built 2000
Zoning R6 - Medium density residential district

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03257-0022
Land Assessment
$6,986 CAD
Improvements Assessment
$644,634 CAD
Total Assessment
$651,620 CAD
  • Listing ID: 38358216

  • Date on Market: 2025-11-06

  • Last Updated:

  • Address: 194 Stockholm St, Brooklyn, NY 11237

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