Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
201 CHAUNCEY Street
Interested in this property?
Active For Sale Multi Family

$4,595,000

201 CHAUNCEY Street

Stuyvesant Heights, Brooklyn

MLS® #RLS20099103

RLS at REBNY

Listing by Douglas Elliman Real Estate

16

Bedrooms

16

Baths

N/A

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 16
Bathrooms 16
Lot Size 5,400 sq ft
Year Built 2016
Ownership None
Neighborhood Stuyvesant Heights
Floor 1 of 4

Property Highlights

  • Views: Other
  • Climate Control: Other

Property Details

Type Multi Family
Ownership None
Total Rooms 32
Baths 16 Full
Floor 1 of 4
View Other
Cooling Other
Pets Yes
Year Built 2016
Structure Type Townhouse
Basement Other
Lot Size 5,400 sq ft
Parcel # 01687-0068
Block/Lot 01687/0068

Listing History

Event Date Price Change
Listed Jun 22, 2026 $4,595,000 -
Currently Jun 22, 2026 $4,595,000 -

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.

Features & Amenities

Interior Features

Smoke Free Building In Basement

Exterior Features

Building Roof Deck

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 8
Stories 4
Structure Townhouse

Stuyvesant Heights is a historic Brooklyn neighborhood within the landmarked Bedford-Stuyvesant historic district, known for its brownstone architecture. Housing stock ranges from historic pre-war cooperatives to newer condominium developments, with A/C train service.

Stuyvesant Heights Live Market Data

View Neighborhood

Active Listings

65

Median Asking Price

$1.75M

Median $/Sqft

$886

Avg Days on Market

N/A

New This Week

3

Price Reduced

23%

Sold (30 Days)

9

Median Sale Price

$1.11M

Live data from RLS at REBNY • Updated 6/22/26, 4:02 PM EST

Location

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201 CHAUNCEY Street, Stuyvesant Heights, Kings County

Building Information

Official NYC property records for this building

2016
Year Built
10 years old
4
Floors
6
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $833,850
Land Value: $149,400
Exemptions: $663,948

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,765 SF
Building Area: 5,611 SF
Built FAR: 2.03
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 16 bedrooms and 16 full bathrooms.

According to MLS records, the building was constructed in 2016, making it approximately 10 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20099103
First Listed: 6/22/2026
On Market: 6/22/2026
Price Changed: 6/22/2026
Contract Date: 6/22/2026

Listing Courtesy of Douglas Elliman Real Estate - Anil Jintoorkar

Listing Contact: (516) 669-5615

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/22/2026 at 8:02 PM UTC

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