471-475 Chauncey St
Brooklyn, NY 11233
Multifamily Property For Sale · 12 Units

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 471-475 Chauncey Street, a pair of walk-up multifamily buildings in the Bedford-Stuyvesant neighborhood of Brooklyn. • The package is located on the north side side of Chauncey Street between Saratoga Avenue and Thomas S Boyland Street. • The buildings comprise of 11,314 SF and include nine side-by-side 2BR units and three 3BR units. Air shafts and basement will allow additional bedrooms through renovation. • The average monthly rent is $1,250, 50% of market levels, offering significant and clear upside while collecting a solid return in the short term. • The subways are 3 blocks away at Chauncey Street and Broadway, and the subway is 5 blocks away at Fulton Street. • Take advantage of this opportunity to own a cash flowing investment property in one of Brooklyn’s most rapidly growing neighborhoods For more information, or if you would like Cushman & Wakefield to prepare a complimentary opinion of value for your property, please contact The Johnston Team at 718-307-6515 or DJ.Johnston@cushwake.com.