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$1,200,000
Est. payment /mo
1,925 Sqft Lot
UPDATED:
Key Details
Property Type Multi Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 980392
Rental Info No
Year Built 1899
Annual Tax Amount $3,175
Lot Size 1,925 Sqft
Acres 0.0442
Property Sub-Type Triplex
Source onekey2
Property Description
Welcome to 418 Chauncey Street, a classic three-family brownstone located in the heart of Brooklyn's rapidly evolving Ocean Hill/Bushwick corridor. Built in 1899, this two-story property offers approximately 2,598 square feet of interior space on a 1,925 square foot lot, presenting a rare opportunity to restore and reimagine a true Brooklyn asset.
This property is in need of TLC and is being offered in as-is condition—making it ideal for investors, developers, or end-users looking to create a customized living experience with income-producing potential. With three residential units, the layout lends itself to a variety of strategies including owner-occupancy with rental income, full renovation resale, or long-term portfolio hold.
Surrounded by classic Brooklyn brownstones and ongoing neighborhood revitalization, the area continues to attract both homeowners and investors seeking value and upside. Comparable properties in the area reflect strong market demand and continued appreciation, positioning this as a strategic acquisition in a high-growth pocket of Brooklyn.
Conveniently located near public transportation, shopping, dining, and neighborhood amenities, the property offers both accessibility and lifestyle appeal for future tenants or owners alike.
Whether you're looking to restore its original charm or maximize its income potential, 418 Chauncey Street is a canvas ready for transformation.
This property is in need of TLC and is being offered in as-is condition—making it ideal for investors, developers, or end-users looking to create a customized living experience with income-producing potential. With three residential units, the layout lends itself to a variety of strategies including owner-occupancy with rental income, full renovation resale, or long-term portfolio hold.
Surrounded by classic Brooklyn brownstones and ongoing neighborhood revitalization, the area continues to attract both homeowners and investors seeking value and upside. Comparable properties in the area reflect strong market demand and continued appreciation, positioning this as a strategic acquisition in a high-growth pocket of Brooklyn.
Conveniently located near public transportation, shopping, dining, and neighborhood amenities, the property offers both accessibility and lifestyle appeal for future tenants or owners alike.
Whether you're looking to restore its original charm or maximize its income potential, 418 Chauncey Street is a canvas ready for transformation.
Location
State NY
County Kings (brooklyn)
Interior
Interior Features High Ceilings, Washer/Dryer Hookup
Heating Hot Water, Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Cable Connected, Electricity Available, Natural Gas Connected, Trash Collection Public, Water Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
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Listed by eXp Realty • Nadia Barnes
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716