314A CHAUNCEY Street
Brooklyn, NY, 11233 $ 1,250,000
Bedrooms7 Baths3.2 Sq 2,742 Monthly Estimate*
$ 7,696
for $1,250,000 with 7 bedrooms and 3 full baths, 2 half baths. This 2,742 square foot home was built in 2002.
5.5% Cap rate!! Welcomе to 314 Chаuncеy Ѕtrееt - an excерtіοnal іnvestment or end usser opportunity nestled on a charming tree-lined block in the heart of Bedford-Stuyvesant's sought-after Stuyvesant Heights section. This well-maintained two-unit brick townhouse blends modern conveniences with the warmth and character that make Brooklyn living so desirable.
The property is currently tenant-occupied and generating steady income, making it ideal for investors seeking immediate cash flow, but can also be delivered empty. Both residential units are operating on month-to-month leases, offering rare flexibility for either continued long-term rental income or future end-user occupancy. For owner-occupants, the opportunity to live in one unit while collecting rental income from the others can significantly help offset mortgage payments and carrying expenses.
In addition to the two residential units, the cellar level currently generates supplemental income, providing an additional revenue stream that further enhances the property's overall earning potential. The current 5.5% cap rate, presents a compelling opportunity in one of Brooklyn's most consistently appreciating neighborhoods.
A private rear backyard offers valuable outdoor living space - perfect for entertaining, gardening, relaxing, or simply enjoying a quiet retreat from city life. Outdoor space remains one of Brooklyn's most sought-after amenities and adds meaningful appeal for both tenants and future owners.
Apartment #1is a spacious floor-through 2-bedroom, 1.5-bath residence offering oversized living areas, hardwood floors, central HVAC, stainless steel appliances, in-unit washer & dryer, and thoughtfully updated finishes designed for comfortable city living.
Apartment #2 is a bright floor-through 2-bedroom, 1.5-bath residence featuring an additional skylit home office-ideal for remote work or creative space-along with the same modern conveniences and generous layout that make the property so appealing.
Located moments from the Ralph Avenue A/C subway station, commuting to Manhattan and Downtown Brooklyn is effortless. The home is surrounded by many of Bed-Stuy's favorite local establishments, including Saraghina, Peaches, Chez Oskar, Trad Room, L'Antagoniste, and Brooklyn Tea. Nearby neighborhood staples such as Herbert Von King Park, Hattie Carthan Community Garden, and Saratoga Park further enhance the strong community atmosphere that continues to make Bedford-Stuyvesant one of Brooklyn's most sought-after neighborhoods.
Whether you're an investor looking for strong income potential, a buyer seeking future owner-occupancy flexibility, or someone looking to secure a foothold in one of Brooklyn's most dynamic communities, 314 Chauncey Street presents an outstanding opportunity.
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List ByAmy Martinez MillerListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $7,696
- Monthly Property Taxes
- $537
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Brooklyn, NY
Average List Price $1,794,332
Percent of Sale Price 44%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/11/2026 | $1,250,000 | | Listed Price |