323 CHAUNCEY STREET

Elite ListingMultifamily BrooklynBedford-Stuyvesant / Bed Stuy

$1,650,000

Price

6.1%

Cap Rate

6

Units

$100,500

NOI


Property located at 323 CHAUNCEY STREETIc expand

323 Chauncey Street is a 25 foot wide, three story walk-up apartment building located between Ralph Avenue and Howard Avenue in the Bedford Stuyvesant neighborhood of Brooklyn. The property is located just three blocks from the Ralph Avenue [C] subway train station and a short walk to the Halsey Street [J] subway train station. 5 of the 6 apartments are rent stabilized, but 4 of the 6 apartments have been renovated and are achieving market rents.

Property Details

Block/Lot:1508/69
Lot Dimensions 25.0 x 100.0
Lot Area2,500 sq.ft
Zoning: R6B
FAR as Built:2.07
Max FAR:2.0

Exclusive Agent

Rich Velotta

Raven Property Advisors

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