Description

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 a comprehensive financial package and property tour, please contact us.