309 Stanhope Street 0

$1,249,999

MLS# RLS20068728 · Bushwick

Price reduced$1,499,000 to $1,249,999$249,001 (16.6%) off

Originally listed at $1,499,000. Price last reduced on February 23, 2026.

Listed January 26, 2026 · 289 days on the market

6 Beds 6 Baths 4,650 Sq.Ft.

About This Property

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.

Property Features

Home features

  • Central heating
  • Hardwood floors
  • Private outdoor space (over 60 sq ft)

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$7,125 / month

  • Principal and interest$6,321
  • Property taxes$804

Due at closing

  • Down payment (20%)$250,000
  • NYS “mansion tax” (1%)$12,500
  • Mortgage recording tax (1.925%)$19,250

Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

About the Building

309 Stanhope Street is a 3-story walk-up apartments in Bushwick, completed in 1931 and home to 6 residential units.

The closest subway is DeKalb Av (L), about a 2-minute walk. Maria Hernandez Park is roughly 5 minutes away on foot.

Compiled from NYC public records and open data.

Year Built
1931
Stories
3
Units
6
Building Type
Walk-Up Apartments

View 309 Stanhope Street building profile and all listings →

Location & Nearby

Map

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309 Stanhope Street 0

Subway

  • LDeKalb AvAbout 2 min walk
  • MKnickerbocker AvAbout 8 min walk
  • LJefferson StAbout 9 min walk
  • LMMyrtle-Wyckoff AvsAbout 11 min walk · Accessible

Parks

  • Maria Hernandez ParkAbout 5 min walk
  • Hope BallfieldAbout 9 min walk
  • Fermi PlaygroundAbout 13 min walk

Public schools · Elementary schools

  • P.S. 86 The IrvingtonAbout 4 min walk
  • P.S. 123 SuydamAbout 6 min walk
  • P.S. 376About 9 min walk

Middle schools

  • J.H.S. 162 The WilloughbyAbout 7 min walk
  • J.H.S. 383 Philippa SchuylerAbout 9 min walk

High schools

  • All City Leadership Secondary SchoolAbout 12 min walk
  • Math, Engineering, and Science Academy Charter High School · CharterAbout 14 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

The Neighborhood

About Brooklyn

Bushwick is covered by our Brooklyn guide.

A dynamic borough offering architecturally significant residences, world-class culture, and an unmatched creative energy.

Walkability

9/10

Public transit

8/10

Schools

7/10

Dining

9/10

Groceries & parks

8/10

Explore Brooklyn

Listing Courtesy of Compass

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RLS: Real Estate Board of New York Residential Listing Service

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.