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194 Vernon Avenue
Apartment #8UNITS
$6,000,000 Price
11 Bedrooms   10.0 Baths
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Photo 1 of 194 Vernon Avenue 8Units, Bedford-Stuyvesant, New York, $6,000,000, Web #: 1113702526Previous PhotoNext Photo1 of 36

194 Vernon Avenue, Bedford-Stuyvesant, New York

Corcoran is pleased to offer for sale an eight unit multifamily rental building located at 194 Vernon Avenue, in the Bedford Stuyvesant neighborhood of Brooklyn, New York. THE ROMANESQUE REVIVAL STYLE TENEMENT BUILDING is located between two of Brooklyn's hot spot neighborhoods, Bedford Stuyvesant...

Corcoran is pleased to offer for sale an eight unit multifamily rental building located at 194 Vernon Avenue, in the Bedford Stuyvesant neighborhood of Brooklyn, New York. THE ROMANESQUE REVIVAL STYLE TENEMENT BUILDING is located between two of Brooklyn's hot spot neighborhoods, Bedford Stuyvesant and Williamsburg. The property is just two (2) blocks from the G train at Myrtle/Willoughby Station, and three (3) blocks from the J/M trains at Myrtle Avenue, so one can be in downtown Brooklyn or downtown Manhattan in minutes. This property consists of eight FM apartments and a supers unit. All units are free-market and are not subject to rent control / rent stabilization guidelines for multifamily dwellings four units and above. 194 Vernon Ave was fully gut-renovated in 2013, with all major systems replaced including the heating, plumbing, electrical, roof, and windows. Layouts have been reconfigured with spacious floor-plans allowing for the possibility of additional bedrooms. The property is at 100% occupancy with all paying tenants. Current rents have plenty of upside. The building is amenitized with a laundry room, shared roof, communal courtyard, bike area, 9 rentable storage spaces (ranging from $50-$400 per month). 194 Vernon Avenue is a unique opportunity for an investor to acquire a multi-family free-market asset in an established and growing submarket. This building has tremendous upside potential while also delivering an investor a stable, and headache free investment which will require minimal management and maintenance. Setup is available upon request.

Courtesy of Corcoran Group

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Bedford-Stuyvesant, New York
Type:
Price: $6,000,000
Date Listed: 5/14/2025
Web ID: 1113702526

Info & Amenities

Rooms: 33.0
Bedrooms: 11
Bathrooms: 10.0
Built: 1931
Pets allowed: Yes

Map of Area for 194 VERNON Avenue 8UNITS

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-212-712-1163 for assistance. All phone charges will be reimbursed by Brown Harris Stevens. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2025 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.