Motivated Seller MultiFamily Property at 234 Stanhope Street
FOR SALE
$1,426,000
234 Stanhope Street, Brooklyn, NY 11237
4,875 SF
Square Feet
$293
PPSF
6
Units
200.0K
PPU
7.01%
CAP
Property Description
Units
6 — PPU: 200.0K
NOI
$100,000
Cap Rate
7.01%
Motivated Seller - Highest and best offer wins the deal.
Seller is done managing the asset, she is based in California - if you are interested in managing this please reach out.
If you want to be on our system for deals being sent via an AI model we are building please reach out with your criteria at [email protected]
Property Details
Asset Type
MultiFamily
Neighborhood
Bushwick
Submarket
Brooklyn
ZIP
11237
Listing Type
sale
30 years
10 years
Net Operating Income (NOI)
$158,650
Debt Service Coverage Ratio (DSCR)
1.96x
Cap Rate
11.13%
Cash Flow (Annual)
$77,530
Cash-on-Cash Return
21.75%
Monthly Debt Service
$6,760
Annual Debt Service
$81,120
View on Map
Address
234 Stanhope Street
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
