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565 Chauncey St - 565 CHAUNCEY ST

3 Unit Apartment Building Offered at $2,458,190 CAD at a 5.58% Cap Rate in Brooklyn, NY 11233

Investment Highlights

  • Owner-User Potential: 3-family brownstone, prime for an owner-user to occupy one or more of the units and collect cashflow from the rest
  • Tree-Lined Block: Located on a quiet residential block, lined with sophora and oak trees
  • Efficient Layouts: Large air shaft provides spacious and bright unit layouts
  • Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement
  • Transportation Accessibility: 1 block to Chauncey Street J & Z trains, 6 blocks to Bushwick Aberdeen L-train, 5 blocks to Rockaway Avenue C-train
  • Low Maintenance: Building has been renovated and meticulously maintained, with no need for short term capital improvements

Executive Summary

Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price $2,458,190 CAD
Price Per Unit $819,397 CAD
Sale Type Investment
Cap Rate 5.58%
No. Units 3
Property Type Multifamily
Apartment Style Low Rise
Lot Size 0.05 AC
Building Size 3,473 SF
No. Stories 3
Year Built 1901
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • Smoke Detector
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R6/C2-3/2.20
R6/C2-3/2.20
  • Listing ID: 33742201

  • Date on Market: 2024-11-04

  • Last Updated:

  • Address: 565 Chauncey St, Brooklyn, NY 11233

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