194 Stockholm Street | Multifamily Investment Opportunity

Highlights:

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

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