| ID # | RLS20099103 |
| Details | 16 bed, 16 bath, 8 Units in the building, Building has 4 floors (DOM): 1 days |
| Construction Year | 2016 |
| Bus | 2 min: B46 |
| 3 min: B25 | |
| 5 min: B26, B47 | |
| 7 min: B15, B65 | |
| 10 min: B45, B7 | |
| Subway | 4 min: A, C |
| LIRR | 1.1 miles: "Nostrand Avenue" |
| 1.3 miles: "East New York" | |
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VIRTUALLY STAGED PHOTOS - CAP RATE 8%
Presenting a premier investment opportunity at 199 and 201 Chauncey Street, in the heart of the highly desirable Bedford-Stuyvesant neighborhood of Brooklyn.
Property Overview
Contemporary two-building asset built in 2017 16 thoughtfully designed one-bedroom units across 4 stories Modern finishes and high-quality craftsmanship throughout Bright, open layouts optimized for natural light and flexible design Unit and Design Highlights
Spacious, efficient floor plans that maximize livable space Sleek, contemporary interiors with premium materials Versatile design options to suit a minimalist or personalized aesthetic Each unit crafted to deliver comfort, convenience, and lasting appeal Neighborhood and Location Benefits
Prime Bed-Stuy setting with a vibrant, evolving urban culture Abundant local attractions, shops, cafes, and cultural landmarks nearby Strong public transportation access for effortless commutes to Manhattan and across Brooklyn A neighborhood experiencing continuous growth and revitalization, attracting residents and investors alike Investment Highlights
Rental Income (2025): $441,773.57 Operating Expenses: $71,128.64 Net Operating Income (NOI): $370,644.93 Cap Rate: 8 Why This Is an Attractive Investment
Scale and consistency: 16 well-positioned one-bedroom units across a modern four-story building Stability with upside: Established asset class in a high-demand market with potential for rent optimization and value-add opportunities Location-driven demand: Walkable neighborhood with abundant amenities and excellent transit access Efficient operating profile: Solid NOI with favorable expense structure Financial Snapshot (for quick reference)
Annual Rental Income (2025): $441,773.57 Annual Expenses: $71,128.64 NOI: $370,644.93 Cap Rate: 8 This listing offers a compelling blend of modern construction, desirable urban living, and strong, sponsor-friendly investment metrics. For more details, schedule a viewing, or request
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved.







