Multi-Family $ NaN

201 CHAUNCEY Street

Brooklyn, NY 11233

  • 16 Beds
  • 16 Baths
    Full Baths: 16
  • 2016 Year Built
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.
Listed by Douglas Elliman Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    Subdivision Stuyvesant Heights

    MLS Listing ID RLS20099103

    Bedrooms 16

    Full Baths 16

    HOA Y/N No

    Year Built 2016

    Property Sub-Type Multi Family

  • Location

    State NY

    County Kings

  • Rooms

    Basement Other

  • Building

    Dwelling Type Townhouse

    Story 4

    New Construction No

  • Interior

    Interior Features Smoke Free

    Cooling Other

    Fireplace No

    Laundry Building In Basement

  • Exterior

    Exterior Feature Building Roof Deck

    Pool Building None

    View Y/N No

    View Other

    Porch None

    Private Pool Yes

  • Others

    Pets Allowed Pets Allowed

    Tax ID 01687-0068

    Ownership None

    Special Listing Condition Standard

    Pets Allowed Building Yes, No

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CONTACT

The Jintoorkar Team
The Jintoorkar Team

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