Local Realty Service Provided By: Coldwell Banker Warburg
201 Chauncey Street, Brooklyn, NY 11233
$4,595,000
16
Beds
16
Baths
1,412.5
Sq Ft
Multi-Family
Active
Listed by
Anil Jintoorkar
Douglas Elliman Real Estate
Last updated:
September 18, 2026, 10:43 AM
MLS#
RLS20099103
Source:
NY REBNY
About This Home
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.
Home Facts
Multi-Family
16 Baths
16 Bedrooms
Built in 2016
Subdivision & Development:
Stuyvesant Heights
Price Summary
4,595,000
$3,253 per Sq. Ft.
MLS #:
RLS20099103
Last Updated:
September 18, 2026, 10:43 AM
Added:
2 month(s) ago
Rooms & Interior
Bedrooms
Total Bedrooms:
16
Bathrooms
Total Bathrooms:
16
Full Bathrooms:
16
Structure
Structure
Building Area:
1,412.5 Sq. Ft.
Year Built:
2016
Finances & Disclosures
Price:
$4,595,000
Price per Sq. Ft:
$3,253 per Sq. Ft.
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Contact an Agent
Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.
If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.