314A Chauncey Street, Brooklyn, NY 11233
Local realty services provided by:CENTURY 21 Awaye Realty
314A Chauncey Street,Brooklyn, NY 11233
$1,250,000
- 7 Beds
- 5 Baths
- 2,742 sq. ft.
- Multi-family
- Active
Listed by: amy martinez miller, lisa li moye
Office: corcoran group
MLS#:RLS20097098
Source:NY_REBNY
Price summary
- Price:$1,250,000
- Price per sq. ft.:$455.87
About this home
5.5% Cap rate!! Welcome to 314 Chauncey Street - an exceptional investment 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. <br> <br> 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. <br> <br> 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. <br> <br> 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. <br> <br> 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. <br> <br> 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. <br> <br> 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. <br> <br> 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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Home facts
- Year built:2002
- Listing ID #:RLS20097098
- Added:1 day(s) ago
- Updated:June 12, 2026 at 02:22 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:3
- Half bathrooms:2
- Rooms Total:17
- Basement:Yes
- Living area:2,742 sq. ft.
Structure and exterior
- Year built:2002
- Building area:2,742 sq. ft.
- Exterior Features:Patio
- Levels:2 Story
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$455.87
- Tax amount:$6,444
Features and amenities
- Appliances:WasherDryerAllowed
- Laundry features:Washer Dryer Allowed
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