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  • $1,399,999

    325 Stockholm St, Brooklyn, NY 11237

    14beds
    4,125sqft
    Building
    Built in 1931
    -- sqft lot
    $1,380,300 Zestimate®
    $339/sqft
    $-- HOA

    What's special

    Tree-lined blockQuiet residential block
    ? 325 Stockholm Street | Bushwick, Brooklyn 11237 7-Unit Rent-Stabilized Multifamily | Updated Cap Rate 6.64 % Asking Price: $1,399,999 Current Cap Rate: 6.64 % | Pro Forma (1-Year 3 %) 6.90 % | Pro Forma (2-Year 4.5 %) 7.03 % GRM (Current): 11.57 × | Price / Unit: $199,999 | Price / SF: $339 Building Size: 4,125 SF | Units: 7 ? Property Description Solid 7-unit rent-stabilized building nestled on a tree-lined block in the heart of Bushwick, Brooklyn. Comprised of well-kept studio and one-bedroom apartments, the property offers steady cash flow with annual RGB guideline increases that ensure predictable rent growth. Current gross rental income totals $121,012 annually ($10,084 monthly) against modest expenses of $28,590, yielding a current NOI of $93,012 and 6.64 % cap rate. Under typical renewal cycles, NOI is projected to reach $98,458 within two years (7.03 % cap), providing a clear path for steady income growth without vacancy risk. Long-term ownership has kept the building well-maintained with updated mechanicals and select unit renovations. Located steps from the L and M subways, Maria Hernandez Park, and Bushwick’s thriving restaurant and art scene, this asset offers a rare blend of stability and upside in one of Brooklyn’s most active multifamily markets. ? Investment Highlights 7-Unit Rent-Stabilized Multifamily — Stable, regulated asset with predictable cash flow Current NOI: $93,012 | Cap Rate: 6.64 % 1-Year Pro Forma: NOI $96,642 | Cap 6.90 % 2-Year Pro Forma: NOI $98,458 | Cap 7.03 % Gross Rent Multiplier (Current): 11.57 × Low operating expenses (≈ $28.6K) maximize net returns All units benefit from annual RGB rent guideline increases Opportunity for incremental NOI growth via renewals and vacancy improvements Strong Bushwick location near Irving Ave & Knickerbocker Ave retail corridors 4,125 SF pre-war structure on quiet residential block — well maintained and professionally managed Ideal for long-term investors seeking steady returns and asset appreciation
    96 days
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    276
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    5
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