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 is 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 a comprehensive financial package and property tour, please contact us.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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