$1,249,999
$249K PRICE DROP

Estimated payment $7,237/month

Total Views 1,250
6 Beds
6 Baths
4,650 Sq Ft
$269 Price per Sq Ft

Highlights

  • Wood Flooring
  • Central Heating
  • 2-minute walk to Dekalb Avenue (L Line)

About This Home

309 Stanhope Street | Six-Family Investment Opportunity in the Heart of Bushwick 309 Stanhope Street is a well-maintained six-family multifamily, making it an ideal opportunity for investors seeking both immediate income and long-term value growth. The property has been carefully maintained and features a recently installed boiler, providing peace of mind and reducing capital expenditure for the next owner. Perfectly positioned just 300 feet from the L train at DeKalb Avenue, the building offers exceptional accessibility and convenience. Residents enjoy immediate proximity to Bushwick’s vibrant restaurant and bar scene, as well as Maria Hernandez Park, making this location a true renter’s dream.

Listing Agent

Mick O'Connor

Compass License #10301212553 Listed on: 01/26/2026

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,648

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 25.000000x100.000000

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,650 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

  • No Cooling
  • Central Heating

Community Details

  • 6 Units
  • Bushwick Subdivision

Listing and Financial Details

  • Legal Lot and Block 0046 / 03259

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,648

Year Built

Built in 1931

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Entry Level: 1
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 4650.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Full

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 6

Exterior Features

  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: No
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 25.000000x100.000000

Building Info

  • New Construction: No
  • Units: 6
  • Total Stories: 3
  • Year Built: 1931

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 03259
  • Tax Lot: 0046
  • Tax Annual: 9648.0

Multi Family

  • Building Area Units: Square Feet

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,382 $493,650 $3,600 $490,050
2024 $9,382 $442,350 $3,600 $438,750
2023 $8,528 $409,500 $3,600 $405,900
2022 $7,844 $417,600 $3,600 $414,000
2021 $7,190 $376,200 $3,600 $372,600
2020 $7,369 $395,550 $3,600 $391,950
2019 $7,223 $395,550 $3,600 $391,950
2018 $6,802 $53,478 $575 $52,903
2017 $6,298 $49,519 $578 $48,941
2016 $5,911 $45,852 $593 $45,259
2015 $3,838 $45,852 $712 $45,140
2014 $3,838 $44,404 $809 $43,595
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2026 02/23/26 Price Changed $1,249,999 -16.6% $269 / Sq Ft
01/26/2026 01/26/26 For Sale $1,499,000 -- $322 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20068728

Real Estate Board of New York (REBNY)

APN: 03259-0046

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