Modern Two-Building Multifamily
For Sale
$4,595,000
201 CHAUNCEY St, Brooklyn, NY 11233
Two contemporary buildings built in 2017 offer 16 one-bedroom units across four stories.
Property Size1,412 SF
Days on Market52
Property Features for 201 CHAUNCEY St
General Information
Standard status
Active
Size
1,412 SF
Property subtype
Multi Family
Financials
Cap Rate
8%
Business Included
Yes
Additional Details
Multifamily Units
16
Building Details
Building Size
1,412 SF
Year Built
2016
Stories
4
Units
8
Tenancy
Multi
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Anil Jintoorkar · License #10301221594
(516) 669-5615
Source:
Elliman
Added: Jul 20
Changed: Sep 7
Last Checked: Sep 7 at 7:59AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
This contemporary two-building multifamily asset was built in 2017 and features 16 one-bedroom units arranged over four stories. Units are described as having bright, open layouts with modern finishes and premium materials.
The property is located at 201 Chauncey Street in Brooklyn, NY 11233. The remarks cite strong public transportation access for commuting within Manhattan and across Brooklyn, along with nearby shops, cafes, and cultural attractions.
Financial information provided in the remarks includes 2025 annual rental income of $441,773.57, operating expenses of $71,128.64, and a stated net operating income (NOI) of $370,644.93, with an indicated cap rate of 8%.
The property is located at 201 Chauncey Street in Brooklyn, NY 11233. The remarks cite strong public transportation access for commuting within Manhattan and across Brooklyn, along with nearby shops, cafes, and cultural attractions.
Financial information provided in the remarks includes 2025 annual rental income of $441,773.57, operating expenses of $71,128.64, and a stated net operating income (NOI) of $370,644.93, with an indicated cap rate of 8%.
Key Highlights
- 16 one‑bedroom units across 4 stories in two contemporary buildings built in 2017
- Rental income for 2025: $441,773.57; operating expenses: $71,128.64; NOI: $370,644.93
- Cap rate listed as 8
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,450
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two contemporary buildings built in 2017 offer 16 one-bedroom units across four stories.
Where is this apartment building located?
The property is located at 201 CHAUNCEY St Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,595,000.
What are key features of this property?
This property features: 16 one‑bedroom units across 4 stories in two contemporary buildings built in 2017; Rental income for 2025: $441,773.57; operating expenses: $71,128.64; NOI: $370,644.93; Cap rate listed as 8
