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Stuyvesant Heights, Brooklyn, NY 11233
Property Type
Triplex
Views
Other
Pets Allowed
Building No, No
Year Built
1906
RE Tax
$736 (Monthly)
Home Style
Walk-Up
Listing courtesy of Jeffrey L Kessler of Douglas Elliman Real Estate.
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.
1
1
2
Brooklyn
RLS20107967
Stuyvesant Heights
Building None
Triplex
$736 (Monthly)
T, Yes - Other
1906
Building None
Walk-Up
6
3
Tri-Level
1906
Building No, No
R6B
Stuyvesant Heights
Brooklyn
T, Yes - Other
$736 (Monthly)
Washer Dryer Allowed
Other
Yes
12
Total$10,695.94/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
377 Chauncey Street #BUILDING, New York City, NY
Open in Google Maps| Address | Size | Sold For |
|---|---|---|
| 444 Pulaski Street #1 #1Stuyvesant Heights | 2 BR / 2.5 BA | $1,105,000 |
| 830 Halsey Street #1A #1AStuyvesant Heights | 3 BR / 2 BA | $999,000 |
| 864 Madison Street #1B #1BStuyvesant Heights | 1 BR / 1.5 BA | $850,000 |
| 864 Madison Street #4 #4Stuyvesant Heights | 1 BR / 1 BA | $75,000,055 |
| 864 Madison Street #3B #3BStuyvesant Heights | 1 BR / 1 BA | $625,000 |
| 864 Madison Street #2B #2BStuyvesant Heights | 1 BR / 1 BA | $6,000,005 |
| 864 Madison Street #3A #3AStuyvesant Heights | 1 BR / 1 BA | $5,990,004 |
| 864 Madison Street #2A #2AStuyvesant Heights | 1 BR / 1 BA | $590,000 |
Closed sales recorded by Brown Harris Stevens agents.
Stuyvesant Heights is a historic sub-neighborhood within Bedford-Stuyvesant in central Brooklyn, recognized for its brownstone-lined blocks and preserved late-19th- and early-20th-century architecture.
RLSat REBNYThis information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
Last Updated: Aug 7, 2026 at 3:15 AM
RLS Data displayed by Brown Harris Stevens