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395 Stanhope St
Brooklyn, NY 11237
395 Stanhope Street · Multifamily Property For Sale · 3 Units

Property Facts

No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 3,360 SF
No. Stories 3
Year Built 1901
Zoning R6

About 395 STANHOPE ST , BROOKLYN, NY 11237

Currently set up as three large flex 3 bed apartments, these units are just waiting to be reconfigured into HUGE 4 or 5 bed apartments with generous amounts of space and light. In addition, the basement is fully finished with full height ceilings, well above grade with excellent windows and light – can be easily connected to the first floor. Steps to Maria Hernandez Park, just a 2 min. walk to the DeKalb & Jefferson L stops, Myrtle-Wyckoff JMZ, as well as the all the excitement of bars, restaurants, nightlife, etc. on Wyckoff and Troutman. Situated on a 20×100 lot, this giant building at 60 feet deep features unbelievably flexible layouts as there is a large air & light shaft in the middle. Great backyard too! Great condition, with level floors and stairs, great windows, great condition roof, brickwork, boiler, etc. Lots of light in the core as well from the light shaft. New roof! Possibility to add additional space with plenty of FAR left over too. An investors dream, an end-user's dream, a versatile, flexible, solid investment any way you swing it. Projected Income: $150,000/Yr; Projected Expenses: $22,300/Yr; Projected NOI: $127,700/Yr

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 3 - -

Property Taxes

Property Taxes

Parcel Number
03261-0044
Land Assessment
$13,800
Improvements Assessment
$91,620
Total Assessment
$105,420
  • Listing ID: 12060539

  • Date on Market: 3/27/2018

  • Last Updated:

  • Address: 395 Stanhope St, Brooklyn, NY 11237

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