377 CHAUNCEY Street BUILDING
$1,900,000
MLS# RLS20107967 · Stuyvesant Heights
Listed August 6, 2026 · 96 days on the market
2 Beds 1 Baths
About This Property
377 Chauncey Street presents the opportunity to acquire a well-maintained six-unit multifamily building in the heart of Brooklyn's highly sought-after Stuyvesant Heights neighborhood. Built circa 1906, the three-story property consists of six spacious approximately 2.5-bedroom, one-bath apartments, including four free-market units and two rent-stabilized units, providing a balance of stable in-place cash flow and long-term rental growth potential. Recent capital improvements include a new boiler installed in 2026, while the roof is reported to be approximately 10 years old, reducing near-term capital expenditure requirements. Several of the free-market apartments are currently rented below prevailing neighborhood levels, creating the opportunity to increase income over time through natural tenant turnover and strategic asset management. Located on one of Stuyvesant Heights' attractive residential blocks, 377 Chauncey Street benefits from strong demand driven by the neighborhood's historic brownstone character, convenient subway access, and continued investment throughout Central Brooklyn. Supported by recent comparable sales on Chauncey Street and in the surrounding area, the property offers investors the opportunity to acquire a well-positioned multifamily asset with dependable cash flow, upside in rental income, and long-term appreciation potential. Investment Highlights Six-unit multifamily building in the heart of Stuyvesant Heights, Brooklyn. Attractive unit mix consisting of four free-market apartments and two rent-stabilized apartments. Six approximately 2.5-bedroom, one-bath layouts with strong tenant appeal. Stable in-place income with meaningful upside through below-market free-market rents. New boiler installed in 2026. Roof reported to be approximately 10 years old. Opportunity to increase NOI through strategic rent growth and asset management. Supported by recent comparable sales within the immediate neighborhood. Excellent long-term investment in one of Brooklyn's strongest multifamily markets.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Douglas Elliman Real Estate.
The boiler at 377 Chauncey Street was installed in 2026, and the roof is about 10 years old. Those are the two big building systems, and a boiler installed this year is a sound place to start.
Listed for sale, the building sits on Chauncey Street in Stuyvesant Heights, Brooklyn. The listing is for the whole building, not a single unit. Among the features listed, the property has one bathroom and a view. Washers and dryers are allowed.
Ralph Avenue on the C is about 6 minutes on foot, and the J and Z at Chauncey Street are about 12.
Brevoort Playground and Saratoga Park are each about 5 minutes away.
Quick answers+
Is there a new boiler?
Yes. A new boiler was installed in 2026.
How old is the roof?
The roof is approximately 10 years old.
Are washers and dryers allowed?
Yes. Washer and dryer use is allowed.
Curtis Bain
Brown Harris Stevens
Property Features
Home features
- Washer/dryer allowed
- View
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$9,607 / month
- Principal and interest$9,607
Due at closing
- Down payment (20%)$380,000
- NYS “mansion tax” (1%)$19,000
- Mortgage recording tax (1.925%)$29,260
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.
Location & Nearby
Map
Loading map…
377 CHAUNCEY Street BUILDING
Subway
- CRalph AvAbout 6 min walk
- JHalsey StAbout 9 min walk
- CRockaway AvAbout 12 min walk
- JZChauncey StAbout 12 min walk
Parks
- Brevoort PlaygroundAbout 5 min walk
- Saratoga ParkAbout 5 min walk
- Marion Hopkinson PlaygroundAbout 7 min walk
Public schools · Elementary schools
- P.S. 137 Rachel Jean MitchellAbout 4 min walk
- P.S. 40 George W. CarverAbout 4 min walk
- P.S. 5 Dr. Ronald McnairAbout 8 min walk
Middle schools
- Brooklyn Environmental Exploration School (Bees)About 12 min walk
- Ronald Edmonds Learning Center IIAbout 16 min walk
High schools
- Eagle Academy for Young Men IIAbout 9 min walk
- Brooklyn High School for Law and TechnologyAbout 12 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
Similar homes in Stuyvesant Heights
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.