Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
314A CHAUNCEY Street
Interested in this property?
Active For Sale Multi Family

$1,250,000

$456 per sq ft

314A CHAUNCEY Street

Stuyvesant Heights, Brooklyn

MLS® #RLS20097098

RLS at REBNY

Listing by Corcoran Group

7

Bedrooms

3.5

Baths

2,742

Sq. Ft.

2002

Year Built

Quick Summary

Bedrooms 7
Bathrooms 4 full, 2 half
Living Area 2,742 sq ft
Lot Size 1,425 sq ft
Year Built 2002
Ownership None
Property Taxes $6,444/yr
Neighborhood Stuyvesant Heights
Floor 1 of 2

Property Highlights

  • Views: Other
  • Outdoor Space: Patio
  • Climate Control: Ductless

Property Details

Type Multi Family
Ownership None
Total Rooms 17
Baths 3 Full, 2 Half
Floor 1 of 2
View Other
Cooling Ductless
Pets Yes
Year Built 2002
Living Area 2,742 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,425 sq ft
Block/Lot 01513/0131

Listing History

Event Date Price Change
Listed Jun 11, 2026 $1,250,000 -
Currently Jun 11, 2026 $1,250,000 -

Description

5.5% Cap rate!! Welcome to 314 Chauncey Street - an exceptional investment or end usser opportunity nestled on a charming tree-lined block in the heart of Bedford-Stuyvesant's sought-after Stuyvesant Heights section. This well-maintained two-unit brick townhouse blends modern conveniences with the warmth and character that make Brooklyn living so desirable. The property is currently tenant-occupied and generating steady income, making it ideal for investors seeking immediate cash flow, but can also be delivered empty. Both residential units are operating on month-to-month leases, offering rare flexibility for either continued long-term rental income or future end-user occupancy. For owner-occupants, the opportunity to live in one unit while collecting rental income from the others can significantly help offset mortgage payments and carrying expenses. In addition to the two residential units, the cellar level currently generates supplemental income, providing an additional revenue stream that further enhances the property's overall earning potential. The current 5.5% cap rate, presents a compelling opportunity in one of Brooklyn's most consistently appreciating neighborhoods. A private rear backyard offers valuable outdoor living space - perfect for entertaining, gardening, relaxing, or simply enjoying a quiet retreat from city life. Outdoor space remains one of Brooklyn's most sought-after amenities and adds meaningful appeal for both tenants and future owners. Apartment #1is a spacious floor-through 2-bedroom, 1.5-bath residence offering oversized living areas, hardwood floors, central HVAC, stainless steel appliances, in-unit washer & dryer, and thoughtfully updated finishes designed for comfortable city living. Apartment #2 is a bright floor-through 2-bedroom, 1.5-bath residence featuring an additional skylit home office-ideal for remote work or creative space-along with the same modern conveniences and generous layout that make the property so appealing. Located moments from the Ralph Avenue A/C subway station, commuting to Manhattan and Downtown Brooklyn is effortless. The home is surrounded by many of Bed-Stuy's favorite local establishments, including Saraghina, Peaches, Chez Oskar, Trad Room, L'Antagoniste, and Brooklyn Tea. Nearby neighborhood staples such as Herbert Von King Park, Hattie Carthan Community Garden, and Saratoga Park further enhance the strong community atmosphere that continues to make Bedford-Stuyvesant one of Brooklyn's most sought-after neighborhoods. Whether you're an investor looking for strong income potential, a buyer seeking future owner-occupancy flexibility, or someone looking to secure a foothold in one of Brooklyn's most dynamic communities, 314 Chauncey Street presents an outstanding opportunity.

Features & Amenities

Interior Features

Smoke Free Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft Patio

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure Townhouse

Financial Details

RE Taxes $6,444/yr ($537/mo)

Stuyvesant Heights is a historic Brooklyn neighborhood within the landmarked Bedford-Stuyvesant historic district, known for its brownstone architecture. Housing stock ranges from historic pre-war cooperatives to newer condominium developments, with A/C train service.

Stuyvesant Heights Live Market Data

View Neighborhood

Active Listings

66

Median Asking Price

$1.77M

Median $/Sqft

$878

Avg Days on Market

N/A

New This Week

8

Price Reduced

21%

Sold (30 Days)

7

Median Sale Price

$1.13M

Live data from RLS at REBNY • Updated 6/11/26, 4:20 PM EST

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Location

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314A CHAUNCEY Street, Stuyvesant Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2002
Year Built
24 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $66,360
Land Value: $16,200
Exemptions: $1,420

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,985 SF
Building Area: 2,090 SF
Built FAR: 1.05
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $6,444, or roughly $537 per month. Verify the current assessment with your attorney before closing.

This property has 7 bedrooms and 3 full bathrooms and 2 half bathrooms.

The listed interior living area is 2,742 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2002, making it approximately 24 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,250,000 for 2,742 sq ft, the asking price per square foot is approximately $456. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20097098
First Listed: 6/11/2026
On Market: 6/11/2026
Price Changed: 6/11/2026
Contract Date: 6/11/2026

Listing Courtesy of Corcoran Group - Amy Martinez Miller

Listing Contact: (917) 502-0433

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/11/2026 at 8:20 PM UTC

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