$1,515,000
Updated 9 years ago
Sold

488A Chauncey Street

Ocean Hill, Brooklyn | Thomas S Boyland Street & Rockaway Ave

14 Rooms8 Beds3 Baths3,600 Square FeetIncome Property

$1,515,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x45'
ZoneR6
Building TypeTownhouse
RE Taxes$3,187
Price Per SF
$421

This property was sold for $1,515,000 on 05/08/17.

Listing Features

  • Central AC
  • Central Heat

Outdoor space and views

  • Backyard [43'x20']
  • Deck
  • Frontyard [16'x20']

Building Amenities

  • Gated Entry

Property Description for 488A Chauncey Street

Fully gut renovated and upgraded 20ft Wide, 3-family brownstone with amenities, impressive finishes, natural oak wood floors and lavish ceiling heights, including functioning flowing layouts, central heating and cooling, washer/dryer hook-ups and ample closet space. A total of 8 bedrooms and 3 bathrooms makes 488A Chauncey Street a remarkable investment property with immense future potential. The parlor floor duplex includes 2 queen-sized bedrooms, 1 full bathroom, sizable finished basement with storage room plus access to a finished back yard complete with deck, planter boxes and natural wood panel fence with matching bench. Maximizing on the income possibility, apartments 2 and 3 encompass 3 bedrooms each comparable in size and 1 large full bathroom. All 3 units are accommodating with complete kitchens made of stainless steel appliances, floor to ceiling cabinetry, islands with bar stool seating and lots of open living/dining space to entertain. It is all about convenience where Bedford Stuyvesant meets Bushwick, with the luxury to choose from the J/Z & A/C trains, 4 different lines all within minutes of this remarkable 3-Family townhouse making any commute a breeze. Projected income of $96,000/year with a Cap Rate of 5.3%.

Building Details for 488A Chauncey Street

OwnershipIncome Property
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Chauncey St
0.12 miles
Rockaway Av
0.26 miles
Halsey St
0.37 miles
Bushwick Av-Aberdeen St
0.38 miles
Broadway Junction
0.45 miles

Citi Bike

Rockaway Ave & Bainbridge St
0.09 miles
Thomas S. Boyland St & Marion St
0.1 miles

Contact Agents

Contact Agents

David Beegun
Corcoran
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 61981TH