201 Chauncey Street, Brooklyn, NY 11233
Local realty services provided by:CENTURY 21 Awaye Realty
201 Chauncey Street,Brooklyn, NY 11233
$4,595,000
- 16 Beds
- 16 Baths
- 1,413 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Mon, Jun 2201:30 pm - 02:30 pm
Listed by: anil jintoorkar
Office: douglas elliman real estate
MLS#:RLS20099103
Source:NY_REBNY
Price summary
- Price:$4,595,000
- Price per sq. ft.:$3,253.1
About this home
<p> </p> <p>VIRTUALLY STAGED PHOTOS - CAP RATE 8%</p><p> Presenting a premier investment opportunity at 199 and 201 Chauncey Street, in the heart of the highly desirable Bedford-Stuyvesant neighborhood of Brooklyn.</p> <p> <strong> Property Overview</strong></p> <ul> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Contemporary two-building asset built in 2017</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> 16 thoughtfully designed one-bedroom units across 4 stories</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Modern finishes and high-quality craftsmanship throughout</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Bright, open layouts optimized for natural light and flexible design</li> </ul> <p> <strong> Unit and Design Highlights</strong></p> <p> <strong> </strong></p> <ul> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Spacious, efficient floor plans that maximize livable space</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Sleek, contemporary interiors with premium materials</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Versatile design options to suit a minimalist or personalized aesthetic</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Each unit crafted to deliver comfort, convenience, and lasting appeal</li> </ul> <p> <strong> Neighborhood and Location Benefits</strong></p> <p> <strong> </strong></p> <ul> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Prime Bed-Stuy setting with a vibrant, evolving urban culture</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Abundant local attractions, shops, cafes, and cultural landmarks nearby</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Strong public transportation access for effortless commutes to Manhattan and across Brooklyn</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> A neighborhood experiencing continuous growth and revitalization, attracting residents and investors alike</li> </ul> <p> Investment Highlights</p> <ul> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Rental Income (2025): $441,773.57</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Operating Expenses: $71,128.64</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Net Operating Income (NOI): $370,644.93</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Cap Rate: 8</li> </ul> <p> <strong> Why This Is an Attractive Investment</strong></p> <p> <strong> </strong></p> <ul> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Scale and consistency: 16 well-positioned one-bedroom units across a modern four-story building</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Stability with upside: Established asset class in a high-demand market with potential for rent optimization and value-add opportunities</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Location-driven demand: Walkable neighborhood with abundant amenities and excellent transit access</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Efficient operating profile: Solid NOI with favorable expense structure</li> </ul> <p> <strong> Financial Snapshot (for quick reference)</strong></p> <ul> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Annual Rental Income (2025): $441,773.57</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Annual Expenses: $71,128.64</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> NOI: $370,644.93</li> <li style"color: #26282a; margin-top: 0in; margin-bottom: 0in;"> Cap Rate: 8</li> </ul> <p> 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.</p> <p> </p>...
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Home facts
- Year built:2016
- Listing ID #:RLS20099103
- Added:1 day(s) ago
- Updated:June 22, 2026 at 04:55 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:16
- Full bathrooms:16
- Rooms Total:32
- Basement:Yes
- Living area:1,413 sq. ft.
Structure and exterior
- Year built:2016
- Building area:1,413 sq. ft.
- Exterior Features:Building Roof Deck
Finances and disclosures
- Price:$4,595,000
- Price per sq. ft.:$3,253.1
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