11-Unit Multifamily Building For Sale
334 Chauncey Street
Bedford-Stuyvesant
Closed 2/4/2014 at
$1,250,000
Residential Units
11
Gross SF
6,474
Stories
3
Cross Streets
Howard Ave & Saratoga Ave
Subways
c
j
z
✕
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Multifamily
334 Chauncey Street,
Bedford-Stuyvesant
718-395-1877
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Details
Block_Lot
1514_8
Lot Size
26 ft x 100 ft
Building Size
26 ft x 83 ft
Building Class
C1
Zoning
R6B
Gross Building SF
6,474 approx.
Overview
The multifamily building located at 334 Chauncey Street is now offered for sale. The property is located on Chauncey Street between Howard Avenue and Saratoga Avenue in Bedford-Stuyvesant. The property is conveniently located within close distance to both the C Train (Ralph Avenue Station) and the J/Z Train (Chauncey Street Station). The three story walk-up building is 6,474 SF and contains 11 rent stabilized residential units. The fully occupied building contains 4 studios, 6 one bedrooms and 1 three bedroom. Rents in the building average at $960/month with total collected rent at approximately $127,000/year. The DHCR registered rents for the building are approximately $145,000/year. The super lives on the premises and the building is maintained.Attractions
Bedford Stuyvesant is one of the most rapidly transitioning in New York and this property is located near a number of the new retail options opening in the area including Manny's restaurant and the planned opening of Simplicity Wine Bar and Brooklyn Bar & Brew Co. The main north-south thoroughfare in Bed Stuy is Nostrand Avenue, but the main shopping street is Fulton Street, which lies above the main subway line for the area (A C trains).
Fulton Park
Saratoga Square Park
