$1,250,000

314 A Chauncey Street, Brooklyn, Ny 11233

  • 4 Beds
  • 5 Baths
  • 1,425 Sqft lot
  • Updated: June 16
  • 6
    Views for last 30 days
  • MLS#23838972

About the Property

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.

The property is currently tena
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.

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.

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.

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.

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.

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.

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.

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.
  • Property type

    House

  • Year built

    2002

Features

  • Garden
  • Terrace
  • Gate
  • Outdoor Living Space
  • Investment Property
  • Office
  • Washer Dryer
  • 2D Floor Plan
  • Air Conditioning
Features

Lot

  • Investment Property

Indoor

  • Office
  • Air Conditioning
  • Washer Dryer
  • Stone Countertops

Outdoor

Explore the Area

314A Chauncey Street, Brooklyn, NY 11233, New York, New York, United States View on Google Maps
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Listed by

Amy Martinez-Miller
New York, United States
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Amy Martinez-Miller Amy Martinez-Miller background
2
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2024
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Corcoran Williamsburg Bedford
Corcoran Williamsburg Bedford
245 Bedford Ave, 11211, Brooklyn, New York, United States
View agency profile
Last updated
June 16
First listed
Jun 11
Listing reference
jxn347
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