Map of Property

16 Stanhope St

For Sale

16 Stanhope St, Brooklyn, NY 11221

This Brooklyn property for sale is located at 16 Stanhope St. The current listed sale price for 16 Stanhope St is $3,250,000. 16 Stanhope St is situated on a lot that is 3,550 square feet in size.

Contacts

broker

Sean R. Kelly

Ariel Property Advisors

(212) 544-9500 x 59

broker

Nicole Daniggelis

Ariel Property Advisors

(212) 544-9500 x 58

broker

Daniel Mahfar

Ariel Property Advisors

(212) 544-9500 x 99

Property Details

  • Property Type Mixed Use
  • Property Size 8,500 SF
  • Units 8
  • Lot Size 3,550 SF
  • Zoning R6
  • # of Floors 4
  • Year Built 1931
  • Date Updated Mar 14, 2024

4 Story walk-up building with 8 apartments. 4 rent stabilized and 4 free-market units.

Protected Tax Class 2B - limits property tax increases year over year.

Ability to raise rents with 3BR units in neighboring properties renting for north of $4,500/month.

Walking distance to public transportation via the JMZ lines as well as the B38 bus line.

Free market units have all been renovated and feature in unit washer/dryer, dishwasher, stainless steel appliances with spacious 3BR/2B layout.

Opportunity to invest in a building with low turnover and high demand keeping vacancy rates low while rents grow year over year.

Located in Bushwick, a neighborhood seeing immense growth and development offers many restaurants, bodegas, shops & experiences throughout.

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Attachments

Getting around

  • 93/100

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  • 100/100

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  • 86/100

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Location

  • City Brooklyn, NY
  • Neighborhood Bushwick
  • Zip Code 11221
  • Market Brooklyn

Points of Interest

  • Kosciuszko Street

    0.18 miles

  • Central Avenue

    0.23 miles

  • Gates Avenue

    0.40 miles

  • Knickerbocker Avenue

    0.46 miles

  • Myrtle Avenue

    0.52 miles

  • Stanhope St & Wycoff Ave - SW Corner

    0.73 miles

  • Stanhope St & Wycoff Ave - SE Corner

    0.73 miles

  • Dekalb Ave & Wycoff Ave - SE Corner

    0.75 miles

  • DeKalb Avenue

    0.75 miles

  • Stanhope St & Wycoff Ave - NW Corner

    0.75 miles

  • Pure Energy

    0.29 miles

  • Exxon

    0.41 miles

  • BP

    0.43 miles

  • BP

    0.69 miles

  • BP

    0.77 miles

  • Speedy Gas

    1.19 miles

  • BP

    1.20 miles

  • Speedway

    1.22 miles

  • BP

    1.23 miles

  • Shell

    1.25 miles

  • MMP Parking LLC

    0.73 miles

  • Havens Place Lot

    1.70 miles

  • Stop & Shop Parking

    1.89 miles

  • Cielo Garage

    2.25 miles

  • Underhill Garage

    2.40 miles

  • The Brooklyn Museum and Botanic Garden

    2.61 miles

  • Kings County Parking Garage

    2.76 miles

  • Rapid Park

    2.84 miles

  • NYPD Brooklyn Tow Pound

    2.85 miles

  • Connoly's Parking Lot

    2.93 miles

  • Broadway Hotel

    0.60 miles

  • Neptune Hotel

    0.60 miles

  • Hotel Bogart Street, Brooklyn

    0.74 miles

  • New York Loft Hostel

    0.78 miles

  • New York Moore Hostel

    0.91 miles

  • Red Carpet Inn

    1.11 miles

  • hull

    1.44 miles

  • Best Western

    1.65 miles

  • casa reservada para vacaciones

    1.67 miles

  • La Quinta

    1.68 miles

  • Fine Fare

    0.24 miles

  • Associated Press

    0.26 miles

  • C-Town

    0.32 miles

  • Howard Marketplace

    0.49 miles

  • Green Harmony Market

    0.58 miles

  • Associated Supermarket

    0.59 miles

  • Shop Fair

    0.60 miles

  • Morelos Grocery

    0.66 miles

  • Sea Town

    0.69 miles

  • Your Deal Food Corporation

    0.74 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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