Brick Eight-Unit Apartment
New
For Sale
$1,500,000
278 Chauncey St, Brooklyn, NY 11233
Four-story walk-up with a full basement, two-bedroom layouts, and R6B zoning in Brooklyn.
Property Size6,300 SF
Lot Size0.06 Acres
Price / SF$238.10
Days on Market4
Property Features for 278 Chauncey St
General Information
Standard status
Active
Size
6,300 SF
Lot size
0.06 Acres
Property subtype
Commercial
Zoning
R6B
Units
Unit Mix
8 x 2BR/1BA
Multifamily Units
8
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,591
Building Details
Building Size
6,300 SF
Year Built
1920
Buildings
1
Stories
4
Units
8
Construction
brick
Listing Agency:
keram inc
(718) 380-2500
Listed By:
Steven S. Benshabat
(718) 380-2500
Source:
Elliman
Added: Aug 5
Changed: Aug 6
Last Checked: Aug 8 at 12:26PM
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 keram inc
Investment Insights
Based on property information with market context.
Located at 278 Chauncey St in Brooklyn, this 1920 brick apartment building contains eight railroad-style two-bedroom residences. The four-story walk-up provides approximately 6,300 SF on a 25’ x 100’ lot, with each apartment configured with a full kitchen and bathroom. A full basement adds building support space, and the property is zoned R6B. Several apartments have been renovated, while other units remain available for renovation work and repositioning.
The property is situated in Stuyvesant Heights, with restaurants, shopping, parks, schools, and public transportation in the surrounding area. WalkScore is 88, TransitScore is 98, and BikeScore is 74. The projected cap rate is 10%.
The property is situated in Stuyvesant Heights, with restaurants, shopping, parks, schools, and public transportation in the surrounding area. WalkScore is 88, TransitScore is 98, and BikeScore is 74. The projected cap rate is 10%.
Key Highlights
- Eight residential apartments with two‑bedroom railroad‑style layouts
- Approximately 6,300 SF on a 25’ x 100’ lot
- Four‑story brick walk‑up with a full basement
Property Analytics
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
3,337
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 - Four-story walk-up with a full basement, two-bedroom layouts, and R6B zoning in Brooklyn.
Where is this apartment building located?
The property is located at 278 Chauncey St 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 with two‑bedroom railroad‑style layouts; Approximately 6,300 SF on a 25’ x 100’ lot; Four‑story brick walk‑up with a full basement
