314A CHAUNCEY St, Brooklyn, NY 11233

314A Chauncey St is a well-maintained two-unit brick townhouse with a private rear backyard and a cellar level that currently generates supplemental income. The property is tenant-occupied, and both residential units operate on month-to-month leases, offering flexibility for continued rental use or delivery empty. Apartment #1 is a spacious floor-through 2-bedroom, 1.5-bath home with oversized living areas, hardwood floors, central HVAC, stainless steel appliances, and in-unit washer and dryer. Apartment #2 is also a bright floor-through 2-bedroom, 1.5-bath layout, featuring an additional skylit home office that can support remote work or a creative space, along with the same modern convenience features.

Located in Bedford-Stuyvesant’s Stuyvesant Heights area on a tree-lined block, the home is described as moments from the Ralph Avenue A/C subway station. The surrounding area includes local dining and community amenities noted in the remarks, along with bike, walk, and transit scores of 74 (Very Bikeable), 88 (Very Walkable), and 98 (Rider’s Paradise).

For investors, the property’s month-to-month tenancy and currently operating cellar income are designed to support an immediate income approach, with a stated 5.5% cap rate. For an end user, the layout allows owner-occupancy in one unit while collecting rent from the other, with the flexibility of month-to-month lease terms.