421A tax abatement through 2030 Discover your investment opportunity at 194 Stuyvesant Ave, a true gem for seasoned investors and newcomers to the NYC market alike. Developed by industry experts boasting over two decades of experience, this property epitomizes turn-key excellence. Erected in2016, 194Stuyvesant boasts 8-units on a generous25 100lot in prime Bedford Stuyvesant, offering investors a hassle-free journey. The highlight of this opportunity are the benefits from a coveted tax abatement extending through 2030. The low taxes combined with a strong rent roll make it an exceptionally attractive investment choice with a CAP rate exceeding 5%. Full setup available upon request. The apartments at 194 Stuyvesant Avenue feature well-designed duplex layouts, with options ranging from 1-bedroom to 2-bedroom configurations.…
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The average household income in
New York, NY
grew
from
$60,879
to
$63,799
in the past year. This data is an estimate based upon
3,2M
households in
New York, NY. The chart below presents how household income is distributed in
New York, NY
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
New York, NY
compared to median property taxes around the country. The prevalent amount of property taxes in
New York, NY
equals
$3k+
, which is
more
than the national average.