201 CHAUNCEY Street
Brooklyn, NY, 11233
$
4,595,000
Bedrooms16
Baths16.0
Sq
1,412
Monthly Estimate*
$
31,737
for $4,595,000 with 16 bedrooms and 16 full baths. This 1,412 square foot home was built in 2016.
VIRTUALLY ЅTΑGED ΡHΟΤΟS - CAP RAΤΕ 8% <р> Prеsenting 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.
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Features
General
Pool Features
Building None
Property SubType
Multi Family
County
Kings
New Construction
false
Property Type
Residential
Subdivision Name
Stuyvesant Heights
Garage Y/N
false
City
New York City
Lot Size Units
Square Feet
Land Lease Y/N
false
Tax Annual Amount
0
Standard Status
Active
Cooling
Other
Garage Spaces
0
Patio/Porch Features
None
Architectural Style
Multi Family
Year Built
2016
Total Rooms
32
Full Baths
16
Expected Active Date
2026-06-22T00:00:00Z
Structure Type
Townhouse
Building Features
Green Building
Pets Allowed
Building Yes
No
View
Other
NumberOfUnitsTotal
8
Tax Lot
0068
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Interior
Basement (Y/N)
false
Air Conditioning Y/N
true
Fireplace Y/N
false
Interior Features
Smoke Free
Half Baths
0
Total Bedrooms
16
Total Baths
16
Basement
Other
Laundry Features
Building In Basement
Total Stories
4
Entry Level
1
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Exterior
Lot Size Area
5400
Exterior Features
Building Roof Deck
Building Area Total
1412.5
Lot Dimensions
108.00x50.00
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* Excluded Features
List By
Anil Jintoorkar
Listing Agent
Douglas Elliman Real Estate
Broker
Affordability Calculator
- Monthly Principal & Interest
- $31,737
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
Multi-family listings in Brooklyn, NY
Average List Price
$1,905,007
Percent of Sale Price
59%
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 |
|
6/22/2026
|
$4,595,000
|
|
Listed Price
|