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POWERED BY PURLIN.AI

201 CHAUNCEY St

brooklyn, NY 11233

$4,595,000

  • 16 BR
    16 BA
    approx. 1,412.5 SF
  • logodouglas elliman exclusive

Interested? Let's Connect

VIRTUALLY STAGED PHOTOS - CAP RATE 8%

Presenting a premier investment opportunity at 199 and 201 Chauncey Street, in the heart of the highly desirable Bedford-Stuyvesant neighborhood of Brooklyn.

Property Overview

  • Contemporary two-building asset built in 2017
  • 16 thoughtfully designed one-bedroom units across 4 stories
  • Modern finishes and high-quality craftsmanship throughout
  • Bright, open layouts optimized for natural light and flexible design

Unit and Design Highlights

  • Spacious, efficient floor plans that maximize livable space
  • Sleek, contemporary interiors with premium materials
  • Versatile design options to suit a minimalist or personalized aesthetic
  • Each unit crafted to deliver comfort, convenience, and lasting appeal

Neighborhood and Location Benefits

  • Prime Bed-Stuy setting with a vibrant, evolving urban culture
  • Abundant local attractions, shops, cafes, and cultural landmarks nearby
  • Strong public transportation access for effortless commutes to Manhattan and across Brooklyn
  • A neighborhood experiencing continuous growth and revitalization, attracting residents and investors alike

Investment Highlights

  • Rental Income (2025): $441,773.57
  • Operating Expenses: $71,128.64
  • Net Operating Income (NOI): $370,644.93
  • Cap Rate: 8

Why This Is an Attractive Investment

  • Scale and consistency: 16 well-positioned one-bedroom units across a modern four-story building
  • Stability with upside: Established asset class in a high-demand market with potential for rent optimization and value-add opportunities
  • Location-driven demand: Walkable neighborhood with abundant amenities and excellent transit access
  • Efficient operating profile: Solid NOI with favorable expense structure

Financial Snapshot (for quick reference)

  • Annual Rental Income (2025): $441,773.57
  • Annual Expenses: $71,128.64
  • NOI: $370,644.93
  • Cap Rate: 8

This listing offers a compelling blend of modern construction, desirable urban living, and strong, sponsor-friendly investment metrics. For more details, schedule a viewing, or request a comprehensive financial package and property tour, please contact us.

Details

1,412.5 Sq Ft

5,400 Sq Ft Lot Size

multi family

Built in 2016

MLS/Listing ID 23868409

4 Stories

8 Units

Amenities & Features

Central Laundry Room

Washer/Dryer Allowed

Air Conditioning

Roof Deck

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

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