Tucked away on a quiet, tree-lined block at 537 Chauncey Street, this true two-family townhouse offers the best of Brooklyn living, just 25 minutes away from Soho! Perfectly positioned on the border of Bed-Stuy and Bushwick—two of New York’s most dynamic neighborhoods—this home blends modern comfort, investment potential, and prime accessibility.
With a 5% cap rate, steady rental demand, and vacant delivery, this property is an excellent opportunity for both homeowners and investors. Whether you choose to live in the spacious upper duplex while generating rental income from the ground-floor apartment or keep the entire home as a generational residence with an in-law suite, the layout is designed for flexibility.
This family-friendly block is surrounded by green spaces and community engagement, with an updated playground and a park just a block away. The front yard is clean and inviting, setting the tone for the thoughtfully designed interiors.
The upper duplex is a homeowner’s dream! The kitchen features a Viking refrigerator, Wolff XL stove and oven, marble countertops, a wine fridge, and a dishwasher. The primary bedroom boasts a private balcony, creating a peaceful retreat. The upper level also includes two additional spacious bedrooms and a common bath. A kitchen deck and exclusive rooftop access provide stunning panoramic city views.
The ground-floor apartment is just as impressive, featuring a modern kitchen with stainless steel appliances, including a dishwasher. Also includes a private basement partition for laundry and storage.
The finished basement offers even more possibilities, whether you envision it as a home gym, media room, workspace, or additional storage area. Additional upgrades include HVAC systems in each unit, the latest high-efficiency water heaters, in-unit washer and dryer sets for both residences, and a sump pump for added protection.
Outdoor spaces are designed for easy maintenance and year-round enjoyment. The backyard features a blend of composite decking, bluestone, and clean turf, creating a serene yet functional outdoor escape.
Commuting is a breeze, with the J/Z train just around the corner and the L and A/C lines also within easy reach. With a door-to-door travel time of just 25 minutes to SoHo, this location combines neighborhood charm with unbeatable convenience. With modern amenities, a thoughtful layout, and a prime location, 537 Chauncey Street is a standout opportunity in one of Brooklyn’s most sought-after neighborhoods.
Active
Price cut: $120K (5/20)
$2,075,000
537 Chauncey St, Brooklyn, NY 11233
5beds
3,400sqft
Multi Family
Built in 1901
-- sqft lot
$2,032,700 Zestimate®
$610/sqft
$-- HOA
What's special
Viking refrigeratorExclusive rooftop accessFinished basementKitchen deckQuiet tree-lined blockPrivate balconySump pump
- 122 days
- on Zillow |
- 354 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 03, 2025 at 01:20pm
Listing by:
The Jasmin Group LLC 718-415-5570,
Andy Jasmin
Source: StreetEasy,MLS#: S1763415
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
Interior area
- Total structure area: 3,400
- Total interior livable area: 3,400 sqft
Property
Features
- Patio & porch: Other, Terrace, Deck
- Exterior features: Balcony, Garden, Private Roof Deck, Terrace
- Has view: Yes
- View description: Garden
Details
- Parcel number: 015110057
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1901
Community & HOA
Community
- Subdivision: Ocean Hill
HOA
- Has HOA: Yes
- Amenities included: Laundry
- Services included: Maintenance
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $610/sqft
- Tax assessed value: $1,280,000
- Annual tax amount: $11,076
- Date on market: 4/3/2025
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