377 Chauncey Street

For Sale
$1,900,000
2 Beds · 1 Bath · Bedford Stuyvesant

Key Details

Price
$1,900,000
Beds
2 Beds
Baths
1
Sq Ft
Total Rooms
12
Property Type
Condo
Condition
Good
Floor
3
Status
For Sale

Description

377 Chauncey Street presents the opportunity to acquire a well-maintained six-unit multifamily building in the heart of Brooklyn’s highly sought-after Stuyvesant Heights neighborhood. Built circa 1906, the three-story property consists of six spacious approximately 2.5-bedroom, one-bath apartments, including four free-market units and two rent-stabilized units, providing a balance of stable in-place cash flow and long-term rental growth potential. Recent capital improvements include a new boiler installed in 2026, while the roof is reported to be approximately 10 years old, reducing near-term capital expenditure requirements. Several of the free-market apartments are currently rented below prevailing neighborhood levels, creating the opportunity to increase income over time through natural tenant turnover and strategic asset management. Located on one of Stuyvesant Heights’ attractive residential blocks, 377 Chauncey Street benefits from strong demand driven by the neighborhood’s historic brownstone character, convenient subway access, and continued investment throughout Central Brooklyn. Supported by recent comparable sales on Chauncey Street and in the surrounding area, the property offers investors the opportunity to acquire a well-positioned multifamily asset with dependable cash flow, upside in rental income, and long-term appreciation potential. Investment Highlights

  • Six-unit multifamily building in the heart of Stuyvesant Heights, Brooklyn.
  • Attractive unit mix consisting of four free-market apartments and two rent-stabilized apartments.
  • Six approximately 2.5-bedroom, one-bath layouts with strong tenant appeal.
  • Stable in-place income with meaningful upside through below-market free-market rents.
  • New boiler installed in 2026.
  • Roof reported to be approximately 10 years old.
  • Opportunity to increase NOI through strategic rent growth and asset management.
  • Supported by recent comparable sales within the immediate neighborhood.
  • Excellent long-term investment in one of Brooklyn’s strongest multifamily markets.

Important Stuff

Taxes$736/yr
PetsNo Pets

Building Info

Address377 Chauncey Street
Total Units6
Service LevelVoice
Building TypeCondo
Building Pets PolicyNo Pets

Map

History

ListedAugust 6, 2026
Days on Market1
Last UpdatedAugust 6, 2026

Full public sale/price history isn't available through our listing feed for this property.

What It'll Cost

Known monthly carrying costs (excludes mortgage): $61/mo · Taxes $61/mo (est.)

For a full breakdown of closing costs, mansion tax, mortgage recording tax, and title insurance on this $1,900,000 purchase, use our NYC Buyer Closing Cost Calculator and our Commission Rebate Calculator to see how much NestApple can rebate you at closing.

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Similar Listings

Similar Listings Sold

Closed-sale data isn't available through our current listing feed for this neighborhood.

Disclaimer: Listing data is sourced from RLS (REBNY Listing Service) via RealtyMX and is believed accurate but not guaranteed. Prices, availability, and details are subject to change without notice. NestApple is a licensed real estate broker.