201 CHAUNCEY Street
Brooklyn, NY, 11233
$
4,595,000
Bedrooms16
Baths16.0
Sq
1,412
Monthly Estimate*
$
29,013
for $4,595,000 with 16 bedrooms and 16 full baths. This 1,412 square foot home was built in 2016.
VIRTUALᏞY ЅTΑGED ΡΗΟTOS - CAΡ RΑΤΕ 8%
<р> 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.
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List By
Anil Jintoorkar
Listing Agent
Douglas Elliman Real Estate
Broker
Affordability Calculator
- Monthly Principal & Interest
- $29,013
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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
$1,796,148
Percent of Sale Price
61%
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
|