Turn-Key 9-Unit Investment Opportunity in Prime Ocean Hill! Introducing 305 Sumpter Street, a turnkey 9-unit new development completed in 2021, ideally positioned in the high-demand Bedford-Stuyvesant rental market. Constructed with a modern brick and stucco faade, this asset offers investors a stable, income-producing property with significant long-term upside. The building features a desirable NINE unit mix: – Three free-market 2BR units with balcony; Three affordable housing 2BR units with balcony – Two free market 1BR/1.5BTH duplexes (one with private outdoor space) – One premier free market 1BR penthouse with two levels of private outdoor terraces and unobstructed Manhattan skyline views All residences are outfitted with tenant-preferred finishes including 11’ ceilings, hardwood flooring, granite countertops, stainless steel GE appliances (with dishwasher), and private balconies in select units. Every unit is filled with natural light and designed for maximum tenant retention. Financial Highlights: – Net Operating Income (NOI): $276,981 annually – Stabilized tenancy with 6 free-market units and 3 affordable units (curated by owner) – Low maintenance costs supported by Mitsubishi split units, low maintenance plumbing fixtures, AO Smith Water Heaters under warranty, and energy-efficient LED lighting throughout. – Strong amenity package including common backyard, panoramic rooftop deck, and basement laundry facilities – 421A Tax Abatement in place until 2056 Just 3 blocks from the J train at Chauncey St, 4 blocks from the A/C at Rockaway Ave, and 6 blocks from the L train at Bushwick Ave, ensuring exceptional connectivity across Brooklyn and Manhattan. The neighborhood continues to attract renters with local hot spots such as All Night Skate, Dolly’s Coffee Shop, Kaiff Juice & Coffee, Marion Hopkinson Playground, and Peaches. With an NOI of $277K, modern finishes, strong transportation access, and a prime Bed-Stuy location, 305 Sumpter Street presents investors with immediate cash flow and long-term appreciation potential in one of Brooklyn’s most dynamic neighborhoods.

Property Details of 305 Sumpter Street, Bedford-Stuyvesant

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Listed by Capri Jet Realty Corp / Robert Napolitano (718-388-2188)

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 22, 2026 2:50 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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