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530 Chauncey Street

Between Rockaway Avenue and Broadway
Townhouse
$1,859,000
Annual Taxes: $6,434
What will this home cost?
Subway Lines
Subway number J Subway number Z Subway number L Subway number C Subway number A
Nearby Subway Stations
Subway number J Moffat St - Broadway
Subway number Z Moffat St - Broadway
Subway number L De Sales Pl - Bushwick Ave
Subway number C Rockaway Ave - Fulton St
Subway number A Fulton St - Van Sinderen Ave
Essentials
Price $1,859,000
Type Townhouse
Units 6
Floors 3
Bedrooms 18
Bathrooms 6.5
Rooms 26
Approx. Sq. Ft. 5,460
Key Features
Garden

Introducing 530 Chauncey Street, an expansive 6-family brownstone with huge upside potential in an unbeatable location in Ocean Hill. This is a once in a lifetime opportunity to own an income producing building with a 5.36% cap rate.

The building is in good condition with large floor-through layouts for each apartment. 3 of the 6 units are free market. 2 of the free market apartments are 3 bedroom, 1.5 bath fully renovated with separate electric and hot water. The 3rd free market apartment will be delivered vacant with approved plans to be converted into a 3 bedroom, 2 full-bath with private garden access, but the possibilities are endless with this unit. Turn it into the owner’s duplex of your dreams with garden access or duplex it creating optimal income potential. The other 3 units are rent stabilized and the basement has been semi-renovated.

530 Chauncey sits on a 26 x 100 ft lot with a building size of 26 x 70 ft, making for a gross square-foot total of 5,460 sqft. The R6, C2-3 zoning allows for an FAR of 2.43 for residential space, leaving 858 sqft of buildable left. The Facility FAR is 4.8.

Centrally located near numerous subway lines, 530 Chauncey is less than 1 block from the J/Z Chauncey St subway station, and a few short minutes from the L and C subway stations, as well as Broadway/Junction. Groceries and delis can be found at every corner and close proximity to restaurants and bars just 1 block away on Bushwick Ave.

With major NYC redevelopment slated for the surrounding area, and located in a designated opportunity zone, this neighborhood is primed and ready for investors and end-users alike.

Bedford-Stuyvesant
Living in Bedford-Stuyvesant
Culturally diverse and abundant in history Bed Stuy is one of Brooklyn's most famous neighborhoods. Featured in Spike Lee's seminal movie 'Do the Right Thing' it is home to many notable performers past and present from rapper, Biggie Smalls to Jay Z to Norah Jones. In the last few years, it has seen an influx of stores, restaurants, and bars, which mix with the many historic buildings and homes throughout the neighborhood to create a beautiful and vibrant community. It is connected to much of the city through numerous subway lines including the 3,4, A, C and G.
Explore Bedford-Stuyvesant

530 Chauncey Street
Between Rockaway Avenue and Broadway
Townhouse
Essentials
Price $1,859,000
Annual Taxes $6,434
Type Townhouse
Units 6
Floors 3
Bedrooms 18
Bathrooms 6.5
Rooms 26
Approx. Sq. Ft. 5,460

Introducing 530 Chauncey Street, an expansive 6-family brownstone with huge upside potential in an unbeatable location in Ocean Hill. This is a once in a lifetime opportunity to own an income producing building with a 5.36% cap rate.

The building is in good condition with large floor-through layouts for each apartment. 3 of the 6 units are free market. 2 of the free market apartments are 3 bedroom, 1.5 bath fully renovated with separate electric and hot water. The 3rd free market apartment will be delivered vacant with approved plans to be converted into a 3 bedroom, 2 full-bath with private garden access, but the possibilities are endless with this unit. Turn it into the owner’s duplex of your dreams with garden access or duplex it creating optimal income potential. The other 3 units are rent stabilized and the basement has been semi-renovated.

530 Chauncey sits on a 26 x 100 ft lot with a building size of 26 x 70 ft, making for a gross square-foot total of 5,460 sqft. The R6, C2-3 zoning allows for an FAR of 2.43 for residential space, leaving 858 sqft of buildable left. The Facility FAR is 4.8.

Centrally located near numerous subway lines, 530 Chauncey is less than 1 block from the J/Z Chauncey St subway station, and a few short minutes from the L and C subway stations, as well as Broadway/Junction. Groceries and delis can be found at every corner and close proximity to restaurants and bars just 1 block away on Bushwick Ave.

With major NYC redevelopment slated for the surrounding area, and located in a designated opportunity zone, this neighborhood is primed and ready for investors and end-users alike.

Bedford-Stuyvesant
Living in Bedford-Stuyvesant
Culturally diverse and abundant in history Bed Stuy is one of Brooklyn's most famous neighborhoods. Featured in Spike Lee's seminal movie 'Do the Right Thing' it is home to many notable performers past and present from rapper, Biggie Smalls to Jay Z to Norah Jones. In the last few years, it has seen an influx of stores, restaurants, and bars, which mix with the many historic buildings and homes throughout the neighborhood to create a beautiful and vibrant community. It is connected to much of the city through numerous subway lines including the 3,4, A, C and G.
Explore Bedford-Stuyvesant
Subway Lines
Subway number J Subway number Z Subway number L Subway number C Subway number A
Nearby Subway Stations
Subway number J Moffat St - Broadway
Subway number Z Moffat St - Broadway
Subway number L De Sales Pl - Bushwick Ave
Subway number C Rockaway Ave - Fulton St
Subway number A Fulton St - Van Sinderen Ave