The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

154 Sumpter Street, Unit 3FAM

August 5, 2026 by Georges Benoliel

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Legal 3 family in decent condition. Approximately 1500sqft additional FAR to build upon in an increasingly developing area of the Stuyvesant Heights of Brooklyn. Located between Bushwick and Bed-Stuy, this area is seeing strong rental opportunity. Currently two of the three, two-bedroom one bath apartments are occupied and paying less than $2500/mo. With a small investment, an investor could reach $108,0000 annual rent roll. Taxes are low currently $3325/yr and utilities are also on the low side. Transportation and the increasing amount of amenities in the neighborhood are what make this investment shine. The reliable C train is less than two blocks away and the J,Z just six short blocks. Get in while the getting is great!

  • Legal 3 Fam
  • Low Taxes
  • Great Transportation

R6BLot: 18.75 X 100FAR: Built 2250sqft, Max 3750sqft

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Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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