Six-Unit Multifamily
For Sale
Contact for pricing
Pending
332 Chauncey St, Brooklyn, NY 11233
Six-unit residential income property totaling 5,550 square feet with pro forma cap rate of 7.5%.
Property Size5,550 SF
Days on Market124
Property Features for 332 Chauncey St
General Information
Standard status
Pending
Size
5,550 SF
Property subtype
Multifamily
Additional Details
Cap Rate
7.5%
Multifamily Units
6
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Dan Greenblatt · License #NY 10301215921
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 12 at 2:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
This for-sale multifamily building contains 6 total units in approximately 5,550 square feet. The property is described as a free market structure through a substantial rehabilitation order from DHCR in 2000.
Located at 332 Chauncey St in Brooklyn, NY 11233, the offering is presented with pro forma income metrics including a 7.5% cap rate and a 9.7 GRM.
The disclosed details include a stated price per square foot of $378, with the overall information provided for underwriting and comparison purposes.
Located at 332 Chauncey St in Brooklyn, NY 11233, the offering is presented with pro forma income metrics including a 7.5% cap rate and a 9.7 GRM.
The disclosed details include a stated price per square foot of $378, with the overall information provided for underwriting and comparison purposes.
Key Highlights
- 6‑unit residential income property with 5,550 total SF
- Pro forma cap rate of 7.5% and pro forma GRM of 9.7
- Free market subject to substantial rehabilitation order from DHCR in 2000
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
3,287
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit residential income property totaling 5,550 square feet with pro forma cap rate of 7.5%.
Where is this apartment building located?
The property is located at 332 Chauncey St Brooklyn, NY.
What are key features of this property?
This property features: 6‑unit residential income property with 5,550 total SF; Pro forma cap rate of 7.5% and pro forma GRM of 9.7; Free market subject to substantial rehabilitation order from DHCR in 2000
