For SALE 6 unit Investment Property in Prime Bushwick 8% Cap Rate
1946689 • July 8, 2025
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Brownstone is representing 190 Stockholm Street is a 6-unit multfamily building that was built in 1931 and has 3 stories and 6 units. The property is fully occupied, and the current cap rate is 8% with full occupancy and owner-managed. Current NOI of $127,436 with upside opportunity. There are 3 FM and 3RS units. Located in Bushwick, blending industrial and the arts with innovative design, recreation, dining options from around the world, nightlife, cafes, and bars.
As built 2538 SF
Building size: 25x58
Lot size: 25 x 100
Maximum usable floor area. 6,075sf
Usable floor area as built 4,350sf
Unused FAR 1,725sf
This opportunity is a must-see. Reach out to Anne Darer at invest@brownstonepropertygroup.com for showing appointment this week!
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Managing real estate in New York City is no small feat — and no one knows that better than Josh Blackman, founder of Brownstone Property Group. In a recent Cooperator News article, Josh pulls back the curtain on the often-invisible strategies that set great property managers apart, from mastering local laws to building relationships that get things done. To read the full article, click here or see below.
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