Bank-owned, sold as-is. Previous owner had fully-renovated within past 10 years and now bank-owned and selling fully-rented with PAYING TENANTS, currently handled by a court-appointed receiver. There are 2 gas boilers, and 2 electric meters. Tenants are paying their own gas and electric . Collecting $8,251.75/mo. or $99,021/year. Lot size is 20' x 100'. Taxes: $5,890/year. Don't miss this great opportunity to buy and hold in Bed-Stuy! Good money maker from day 1.
Listed by Gregory G. Parks
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Douglas Elliman Real Estate
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631-499-9191
Last updated October 08, 2025
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Source: OneKey #921657
Listing Facts
TypeMulti-family
NeighborhoodBedford-Stuyvesant
Bedrooms9
Bathrooms4
Days on Prevu15
Taxes$5,889.76/year
Amenities
Air Conditioning
Location
Mortgage Calculator
Listing History
10/07/2025
Listed by Douglas Elliman Real Estate
$1,275,000
Estimated Closing Costs
Total
$47,623
Attorney Fees
$4,000
NYC Mansion Tax
$12,750
Title Insurance
$5,738
Bank Attorney
$1,500
Mortgage Recording Tax
$19,635
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,275,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 186 Howard Avenue
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Year Built: 1910
Construction Materials: Brick
Measurements
Building Area Total: 1,968
Building Area Units: Square Feet
Lot Size Acres: 0.04
Lot Size Dimensions: 20,100
Lot Size Square Feet: 1,967
Financial
Residential Income
Gross Income: $99,000.00
Taxes
Parcel Number: 01508-0046
Tax Annual Amount: $5,889.76
Tax Year: 2025
Interior
Features
Interior Features: Open Kitchen
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Full: 4
Bathrooms Total Integer: 4
Bedrooms Total: 9
Parking
Parking
Parking Features: Other
Utilities
Equipment
Cooling: Central Air
Heating: Forced Air
Laundry Features: In Unit
Sewer: Public Sewer
Utilities: Natural Gas Connected
Water Source: Public
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