511 Chauncey St Brooklyn, NY 11233
Ocean Hill NeighborhoodEstimated payment $10,444/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | -- | -- |
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: Real Estate Board of New York (REBNY)
MLS Number: RLS10990194
APN: 01511-0070
- 578 Bainbridge St
- 446 Chauncey St Unit 4464
- 369 Marion St Unit 2B
- 267 Sumpter St
- 668 Decatur St
- 34 Rockaway Ave
- 766 Decatur St Unit 2A
- 681 Decatur St
- 246 Sumpter St Unit 2A
- 246 Sumpter St Unit 1C
- 818 Macdonough St
- 124 Thomas S Boyland St Unit 3
- 442 Marion St
- 495 Bainbridge St
- 443 Marion St
- 221 Macdougal St
- 158 Macdougal St
- 473 Bainbridge St Unit 1
- 473 Bainbridge St Unit 1-A
- 473 Bainbridge St Unit 2-B
Ask me questions while you tour the home.