USANYBrooklynBoerum Hill1R-94 Wyckoff St

New

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$1,595,000

For Sale

21 hours ago

1R - 94 Wyckoff St, Brooklyn, NY

Condo

MLS® RLS20110419

2 Bed

2 Bath

950 sqft

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential

Size 950 sqft

Garage

HOA Fees $918

Taxes $9,384

Days Active 184

Approx. Age 1900

Avg. Price Per Sqft $1,678

MLS® Number RLS20110419

Property Address: 1r-94 Wyckoff St, Brooklyn, NY, 11201-6351

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to acquire a fully stabilized, income-producing condominium in the heart of Boerum Hill, one of Brooklyns most supply-constrained and historically resilient brownstone neighborhoods. 94 Wyckoff Street Unit 1R/1L combines long-term in-place income, low operating overhead, and rare private outdoor space (exclusive use), creating a straightforward investment profile with immediate cash flow and no lease-up risk, while preserving long-term ownership flexibility. This legally combined residence is configured as a true 2-bedroom, 2-bathroom home offering approximately 950 square feet of interior living space with direct access to an approximately 1, 123 square foot exclusive private garden- an increasingly scarce amenity that supports both tenant retention and long-term resale demand. Additional features include oversized private basement storage (the largest storage space in the building) and placement within an intimate 6-unit townhouse-style condominium with no doorman or amenity burden. In addition to in-unit laundry, there is also shared laundry in the basement. The apartment is currently leased to long-term tenants at $6, 250 per month through August 2028, generating $75, 000 in annual gross income. Annual operating costs include approximately $11, 011 in common charges, $9, 386 in real estate taxes, and a $1, 200 annual leasing/admin expense ($100/month), resulting in total annual expenses of approximately $21, 598 and a net annual operating income of approximately $53, 402. At an asking price of $1, 595, 000, the asset represents an approximate 3.35% cap rate inclusive of all expenses. The extended lease term provides predictable income from day one and reduced near-term vacancy exposure, while condominium ownership offers straightforward long-term hold and future use flexibility at lease maturity. For buyers seeking stable cash flow in a high-demand brownstone Brooklyn location, this offering presents a rare balance of income stability, operational simplicity, and long-term value. The unit is renter-occupied through August of 2028. Please call for more specifics, or to set up a viewing.

MLS® NumberRLS20110419

Locker

Ensuite LaundryYes

Balcony

Furnished

Laundry LevelEnsuite

Exposure

Exterior

Garage

Approx. Age1900

Stories0

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatRadiant

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 20, 2026List Date

$1,595,000List Price

Commute

Commute

Starting Address

Destination Address

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