$1,950,000
PENDING $240K PRICE DROP

Estimated payment $10,444/month

Total Views 2,879
-- Bed
-- Bath
2,700 Sq Ft
$722 Price per Sq Ft

Highlights

  • Pre War Building
  • 4-minute walk to Chauncey Street
  • 1-minute walk to Marion Hopkinson Playground
  • Laundry Facilities

About This Home

Welcome to 511 Chauncey, a charming fully gutted two-family brick building in the vibrant neighborhood of Bedford-Stuyvesant, commonly known as Bed-Stuy.

Originally built in 1901, this stunning three-story brick building boasts over 3,750 square feet offers a fantastic opportunity for homeowners seeking a combination of comfortable living and rental income.
The building’s exterior showcases a classic brick facade that exudes a timeless appeal, blending seamlessly with the character of the neighborhood. Situated on a residential street right by the well maintained Marion Hopkinson Playground.

Sitting 20’ wide, this townhouse combines space and flow to create the perfect oasis. The duplex seamlessly merges interior spaces with the rear multi-level garden to create a serene indoor-outdoor living experience. With extreme precaution, care, and attention to detail, the parlor floor was completely restored to its original glory. The chef’s kitchen provides an authentic cooking experience, featuring an oversized island topped with exquisite marble, ample customized cabinets with pullouts for optimal storage, and high-end appliances such as the Bertazzoni gas range and oven.

The expansive size of this building (20×48) provides an exceptional layout. On the top floor, you’ll discover a magnificent primary room featuring a sun-drenched bedroom and a luxuriously appointed bathroom that exudes royalty. Additionally, there are two generously proportioned bedrooms with ample closet space. Completing this floor are a full bathroom and a conveniently located laundry room. The top floor boasts soaring ceilings, nearly double in height, along with a skylight that creates a serene ambiance reminiscent of a relaxing vacation.

Additionally, the rental unit occupies the ground floor and offers a fantastic opportunity for generating supplemental income. Spanning approximately 900 square feet, this self-contained unit features its own separate entrance, providing privacy for both occupants. The rental unit boasts well-proportioned 2 Bedrooms, full bath, a modern kitchen, in unit laundry and a designated office area that could be great for working from home.

The basement has an additional 900 square feet, offers abundant space for storage or potential future expansion. It presents a versatile area that can be tailored to your specific requirements, whether you desire a multipurpose space or envision transforming it into a recreational area, a home office, or even a workshop.

Conveniently located, this property grants easy access to a range of amenities, including shops, restaurants, parks, and public transportation options. Bed-Stuy’s rich cultural heritage and diverse community make it an ideal location to experience the dynamic energy of Brooklyn.

With its desirable features, including a duplex unit, a separate rental unit, and a spacious basement, this two-family brick building presents a unique opportunity for comfortable living with the added benefit of rental income. Don’t miss the chance to own this charming property in the heart of Bed-Stuy. Contact us today to schedule a viewing and make this exceptional property your own.

Listing Agent

Sarig Brand

Massada Home Sales Inc License #10401312902 Listed on: 07/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,816

Year Built

  • Built in 1901

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00

Home Design

  • Pre War Building

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property

Community Details

  • Ocean Hill Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 70 / 1511

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,816

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Thomas S Boyland Street/Rockaway Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Ocean Hill
  • Architectural Style: Prewar, Walk-Up
  • Structure Type: Multi Family, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 2700.0
  • Living Area Units: Square Feet

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 20.00 x 100.00

Building Info

  • New Construction: No
  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 1511
  • Tax Lot: 70
  • Tax Annual: 3816.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,001 $87,420 $20,040 $67,380
2024 $4,001 $83,580 $20,040 $63,540
2023 $3,820 $102,540 $20,040 $82,500
2022 $3,547 $83,940 $20,040 $63,900
2021 $3,528 $64,800 $20,040 $44,760
2020 $1,752 $78,600 $20,040 $58,560
2019 $2,813 $81,240 $20,040 $61,200
2018 $2,536 $15,675 $4,498 $11,177
2017 $2,373 $14,808 $6,009 $8,799
2016 $775 $13,971 $7,113 $6,858
2015 $404 $13,957 $6,215 $7,742
2014 $404 $13,833 $7,015 $6,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Price Changed $1,950,000 -11.0% $722 / Sq Ft
09/05/2023 09/05/23 Price Changed $2,190,000 0.0% $811 / Sq Ft
09/05/2023 09/05/23 For Sale $2,190,000 -2.7% $811 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/28/2023 08/28/23 Off Market $2,250,000 -- --
08/04/2023 08/04/23 For Sale $2,250,000 -- $833 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $1,925,000 --
Deed $1,925,000 --
Deed $1,925,000 --
Deed $947,500 --
Deed $947,500 --
Deed $947,500 --
Deed -- --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,425,000 Purchase Money Mortgage
Closed $1,425,000 Purchase Money Mortgage
Previous Owner $850,000 Purchase Money Mortgage
Previous Owner $45,000 Purchase Money Mortgage
Closed $0 No Value Available
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10990194

Real Estate Board of New York (REBNY)

APN: 01511-0070

Your Personal Tour Guide

Ask me questions while you tour the home.