201 CHAUNCEY Street
$4,595,000
MLS# RLS20099103 · Stuyvesant Heights
Listed June 22, 2026 · 142 days on the market
16 Beds 16 Baths
About This Property
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.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Douglas Elliman Real Estate.
A roof deck tops this four-story walk-up, and laundry is in the building, so those two shared spaces are part of everyday life here. It's also a green building.
Pets are allowed, and the building is smoke-free.
Each home has an open layout that can be set up in more than one way, with modern finishes and premium materials throughout. There are 16 bedrooms and 16 bathrooms across the property.
The Utica Av station, served by the A and C, is about 6 minutes on foot, and Ralph Av on the C is about 9 minutes, so getting to a train is a short walk from the front door. Jackie Robinson Park Playground is about 1 minute away.
Quick answers+
Does the building have laundry?
Yes, laundry is in the building.
Is there outdoor space?
Yes, the building has a roof deck.
Are pets allowed?
Yes, pets are allowed, and the building is smoke-free.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
- Smoke-free
Building amenities
Services and facilities
- Green building
- Laundry in building
Outdoor space
- Roof deck
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$23,235 / month
- Principal and interest$23,235
Due at closing
- Down payment (20%)$919,000
- NYS “mansion tax” (1.5%)$68,925
- Mortgage recording tax (1.925%)$70,763
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
About the Building
201 Chauncey Street is a 4-story walk-up apartments in Stuyvesant Heights, completed in 2016 and home to 6 residential units.
The closest subway is Utica Av (A, C), about a 6-minute walk. Jackie Robinson Park Playground is roughly 1 minute away on foot.
Compiled from NYC public records and open data.
- Year Built
- 2016
- Stories
- 4
- Units
- 6
- Building Type
- Walk-Up Apartments
View 201 Chauncey Street building profile and all listings →
Location & Nearby
Map
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201 CHAUNCEY Street
Subway
- ACUtica AvAbout 6 min walk · Accessible
- CRalph AvAbout 9 min walk
Parks
- Jackie Robinson Park PlaygroundAbout 1 min walk
- Brevoort PlaygroundAbout 5 min walk
- Fulton ParkAbout 7 min walk
Public schools · Elementary schools
- P.S. 21 Crispus AttucksAbout 1 min walk
- Uncommon Excellence Boys Charter School NYC · CharterAbout 5 min walk
- Ember Charter School for Mindful Education, Innovation and Transformation · CharterAbout 6 min walk
Middle schools
- The Brooklyn Green SchoolAbout 12 min walk
- M.S. 35 Stephen DecaturAbout 12 min walk
High schools
- Nelson Mandela High SchoolAbout 7 min walk
- Boys and Girls High SchoolAbout 7 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
About Brooklyn
Stuyvesant Heights is covered by our Brooklyn guide.
A dynamic borough offering architecturally significant residences, world-class culture, and an unmatched creative energy.
Walkability
9/10
Public transit
8/10
Schools
7/10
Dining
9/10
Groceries & parks
8/10
Gallery
Property Photos
Listing Courtesy of Douglas Elliman Real Estate
This 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.