---
title: "94 Wyckoff Street #1R, Brooklyn, NY 11201"
description: "94 Wyckoff Street #1R, Brooklyn, NY 11201 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,595,000. Est. potential buyer savings up to $39,875 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/94-wyckoff-street-r-1R-ny-11201"
source: "Real Estate Rebate Team"
---

# 94 Wyckoff Street #1R, Brooklyn, NY 11201

> **Listing Courtesy of:** Living New York

## 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.

## Property Details

- **Price**: $1,595,000
- **Potential Buyer Rebate**: $39,875
- **Bedrooms**: 2
- **Bathrooms**: 2
- **Living Area**: 950 sqft
- **Property Type**: Residential
- **Year Built**: 1900
- **Building**: 94 Wyckoff Street
- **Neighbourhood**: Boerum Hill
- **Area / Borough**: Brooklyn
- **Subdivision**: Boerum Hill
- **Listing Office**: Living New York
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$39,875** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/94-wyckoff-street)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/boerum-hill)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.