For Sale
Multi family home for sale at 201 Chauncey St, Brooklyn, NY 11233 | MLS# RLS20099103 | Listing updated on 2026-09-17
Photo 1 of Multi family home for sale at 201 Chauncey St, Brooklyn, NY 11233 | MLS# RLS20099103 | Listing updated on 2026-09-17
Photo 2 of Multi family home for sale at 201 Chauncey St, Brooklyn, NY 11233 | MLS# RLS20099103 | Listing updated on 2026-09-17
Photo 3 of Multi family home for sale at 201 Chauncey St, Brooklyn, NY 11233 | MLS# RLS20099103 | Listing updated on 2026-09-17
Photo 4 of Multi family home for sale at 201 Chauncey St, Brooklyn, NY 11233 | MLS# RLS20099103 | Listing updated on 2026-09-17
15+
Beds Icon

Street View

$4,595,000

Monthly Est:$22,871

  • Beds Icon16 Beds
  • Beds Icon
    16 Baths
  • Beds Icon1,412.5sqft

201 Chauncey St, Brooklyn, NY 11233

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  • Multi Family

  • Built in 2016

  • $-- HOA

  • 5,400 sqft lot

  • $3,253/sq.ft

Description

VIRTUALLY STAGED PHOTOS - CAP RATE 8%

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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 17, 2026 at 4:38 pm
  • Listing Provided by: Anil Jintoorkar (516) 669-5615 | Douglas Elliman Real Estate (212) 891-7000
  • Source: Rebny MLS-NY | MLS#: RLS20099103 Rebny MLS-NY

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    4

  • County

    Kings County

  • City

    New York

  • Neighborhood

    Brooklyn

  • Year Built

    2016

  • HOA Fees

    -

  • Finished Area

    1,412.5 sqft

  • Lot Size

    5,400 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Rebny MLS

  • MLS Number

    RLS20099103

  • Days on Market

    134

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 16

    Bathrooms: 16

Interior

  • Exterior Features

    Building Roof Deck

  • Interior Features

    Smoke Free

  • Cooling

    Other

Utilities & Energy

  • Basement

    Other

  • Pool Features

    Building None

  • Laundry Features

    Building In Basement

Other Features

  • Subdivision Name

    Stuyvesant Heights

  • Patio And Porch Features

    None

Price History

DateEventPrice

06/22/2026

Source: mls_logoRebny MLS-NY #RLS20099103

Listed for Sale

$4,595,000

$3,253/sqft

Nearby Homes

The real estate listing data marked with this icon comes from the IDX program of the RLS at REBNY Listing Service (RLS). Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS") through Nov 02, 2026, 02:15PM. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Buyer to verify all information. © 2026 The Real Estate Board of New York, Inc. All rights reserved.

Advertising Broker: Derek Greene | The Greene Realty Group

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