Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,325,000

· Closed December 23, 2024

194 Stuyvesant Avenue
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

8.5

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

Listing History

Event Date Price Change
Listed Jan 19, 2024 $3,595,000 -
Price Reduced Dec 23, 2024 $3,495,000 -2.8%
Currently Apr 22, 2026 $3,325,000 -4.9%

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, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

90

Median Asking Price

$1.26M

Median $/Sqft

$884

Avg Days on Market

N/A

New This Week

4

Price Reduced

19%

Sold (30 Days)

13

Median Sale Price

$1.84M

Live data from RLS at REBNY • Updated 4/22/26, 4:57 AM EST

Recently Sold in Bedford-Stuyvesant

View All

Location

Loading map...

194 Stuyvesant Avenue, Bedford-Stuyvesant, Kings County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2015
Year Built
11 years old
4
Floors
8
Residential Units
R6A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $1,053,450
Land Value: $67,500
Exemptions: $885,264

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,500 SF
Building Area: 7,907 SF
Built FAR: 3.16
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $3,876, or roughly $323 per month. Verify the current assessment with your attorney before closing.

This property has 14 bedrooms and 8 full bathrooms and 2 half bathrooms.

The listed interior living area is 7,907 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2016, making it approximately 10 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,325,000 for 7,907 sq ft, the asking price per square foot is approximately $421. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
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 4/22/2026 at 8:57 AM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton