Map of Property

16 Stanhope St

16 Stanhope St, Brooklyn, NY 11221

  • For Sale $3,250,000
  • 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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Reach out to the broker for more info on lease terms and amenities

Attachments

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

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    86/100 Very Bikeable
Powered by Walk Score ®
  • 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

  • China Garden

    0.16 miles

  • Cucina Traditional Pizza House

    0.19 miles

  • Paradis Des Gouts

    0.19 miles

  • Moly

    0.20 miles

  • Nuevo Caribe Restaurant

    0.23 miles

  • Orleans

    0.24 miles

  • OMG Pizza

    0.24 miles

  • Zefe's

    0.26 miles

  • Jin Guang House

    0.28 miles

  • Crown Fried Chicken

    0.29 miles

  • Junior Academy

    0.36 miles

  • K385 School of Business Finance and Entrepreneurship

    0.43 miles

  • Intermediate School 349

    0.44 miles

  • Intermediate School 347

    0.45 miles

  • Junior High School K057 Whitelaw Reid

    0.46 miles

  • Public School 81

    0.48 miles

  • Brooklyn High School for Law and Technology

    0.50 miles

  • Public School 299

    0.50 miles

  • P.S. 116

    0.54 miles

  • Public School 86

    0.58 miles

  • Audrey Johnson Day Care Center

    1.20 miles

  • Simcha Tots

    1.25 miles

  • Our Children The Leaders of Tomorrow

    1.36 miles

  • Friends of Crown Heights Educational Center

    1.49 miles

  • Little Sun People

    1.50 miles

  • Bambi Day Care Center

    1.54 miles

  • Little Einstein's Daycare

    1.59 miles

  • Mi Casita

    1.59 miles

  • Little Lola & Tots

    1.64 miles

  • The Learning Experience

    1.72 miles

Frequently Asked Questions

What is the lease rate for 16 Stanhope St?

Rental asking rate at 16 Stanhope St is $1,625,000.00/YR.

What is the total square footage of 16 Stanhope St?

16 Stanhope St totals 8,500 square feet.

When was this property built?

16 Stanhope St was built in 1931.

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