8-Unit Brick Apartment
For Sale
$1,500,000
278 Chauncey Street, Brooklyn, NY 11233
Four-story walk-up with a full basement and R6B zoning.
Property Size6,300 SF
Days on Market28
Property Features for 278 Chauncey Street
General Information
Standard status
Active
Size
6,300 SF
Property subtype
Commercial
Zoning
R6B
Taxes and HOA fees
Annual Taxes
$9,591
Building Details
Building Size
6,300 SF
Year Built
1920
Buildings
1
Stories
4
Units
8
Listing Agency:
Exit Realty First Choice
(718) 380-2500
Listed By:
Steven S. Benshabat
(718) 380-2500
Source:
Mydreamhomerealty
Added: Aug 3
Changed: Aug 29
Last Checked: Aug 25 at 9:26AM
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 Exit Realty First Choice
Investment Insights
Based on property information with market context.
Built in 1920, this four-story brick walk-up contains 8 residential apartments within approximately 6,300 square feet on a 25' x 100' lot. The unit mix consists of two-bedroom railroad-style apartments, each with a full kitchen and bathroom, along with a full basement. Several apartments have been renovated, while other units offer a renovation component for an investor pursuing a repositioning strategy.
The property is located at 278 Chauncey Street in Brooklyn’s Stuyvesant Heights neighborhood. Restaurants, shopping, parks, schools, and public transportation are located in the surrounding area. The building carries R6B zoning, and the source information cites a projected cap rate of approximately 10%.
The property is located at 278 Chauncey Street in Brooklyn’s Stuyvesant Heights neighborhood. Restaurants, shopping, parks, schools, and public transportation are located in the surrounding area. The building carries R6B zoning, and the source information cites a projected cap rate of approximately 10%.
Key Highlights
- 8 residential apartments, each configured as a two‑bedroom railroad‑style unit
- Approximately 6,300 SF on a 25' x 100' lot
- Four‑story brick building with a full basement
Property Analytics
Property Profile
Current Use
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 and R6B zoning.
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: 8 residential apartments, each configured as a two‑bedroom railroad‑style unit; Approximately 6,300 SF on a 25' x 100' lot; Four‑story brick building with a full basement
