8-Unit Brick Apartment
For Sale
$1,500,000
278 Chauncey Street, Brooklyn, NY 11233
Commercial Sale, Brooklyn, NY
Property Size6,300 SF
Lot Size0.06 Acres
Price / SF$238.10
Days on Market54
Property Features for 278 Chauncey Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R6B
Rooms
Basement
Parking features
Assigned
Basement
Finished
Elementary school
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Middle school
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High school
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Elementary school district
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Middle school district
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High school district
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Directions
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Standard status
Active
APN
01513-0014
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9592
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1920
Floors in Building
4
Number of units
8
Building materials
Brick
Listing Agency:
Exit Realty First Choice
(718) 380-2500
Listed By:
Steven S. Benshabat
(718) 807-5246
Added: Jul 20
Changed: Aug 20
Last Checked: Sep 11 at 6:06PM
MLS# 1028149
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-story brick walk-up contains eight residential apartments totaling approximately 6,300 square feet. Each unit is configured as a two-bedroom railroad-style apartment with a full kitchen and bathroom. The property also includes a full basement, baseboard heating, assigned parking, public water, and public sewer. Several apartments have undergone renovation, while other units remain available for further improvements.
Situated at 278 Chauncey Street in Brooklyn, the building occupies a 25' x 100' lot and carries R6B zoning. The property is in the Stuyvesant Heights area, with restaurants, retail, parks, schools, and public transportation described as nearby. Built in 1920, the asset is presented with an approximately 10% projected cap rate and renovation-based repositioning potential.
Situated at 278 Chauncey Street in Brooklyn, the building occupies a 25' x 100' lot and carries R6B zoning. The property is in the Stuyvesant Heights area, with restaurants, retail, parks, schools, and public transportation described as nearby. Built in 1920, the asset is presented with an approximately 10% projected cap rate and renovation-based repositioning potential.
Key Highlights
- Eight residential apartments, each configured with two bedrooms
- Approximately 6,300 SF across a four‑story brick walk‑up
- 25' x 100' lot with a full basement
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
3,337
Businesses Nearby
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Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-story walk-up with railroad-style apartments, full basement, and R6B zoning in Brooklyn.
Where is this apartment building located?
The property is located at 278 Chauncey Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Eight residential apartments, each configured with two bedrooms; Approximately 6,300 SF across a four‑story brick walk‑up; 25' x 100' lot with a full basement
