Welcome to 418 Chauncey Street, a classic three-family brownstone located in the heart of Brooklyn’s rapidly evolving Ocean Hill/Bushwick corridor. Built in 1899, this two-story property offers approximately 2,598 square feet of interior space on a 1,925 square foot lot, presenting a rare opportunity to restore and reimagine a true Brooklyn asset.
This property is in need of TLC and is being offered in as-is condition—making it ideal for investors, developers, or end-users looking to create a customized living experience with income-producing potential. With three residential units, the layout lends itself to a variety of strategies including owner-occupancy with rental income, full renovation resale, or long-term portfolio hold.
Surrounded by classic Brooklyn brownstones and ongoing neighborhood revitalization, the area continues to attract both homeowners and investors seeking value and upside. Comparable properties in the area reflect strong market demand and continued appreciation, positioning this as a strategic acquisition in a high-growth pocket of Brooklyn.
Conveniently located near public transportation, shopping, dining, and neighborhood amenities, the property offers both accessibility and lifestyle appeal for future tenants or owners alike.
Whether you’re looking to restore its original charm or maximize its income potential, 418 Chauncey Street is a canvas ready for transformation.
Listed by Nadia Barnes
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eXp Realty
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888-276-0630
Listed by Claudia Barnes
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eXp Realty
Last updated April 04, 2026
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Source: OneKey #980392
Listing Facts
TypeMulti-family
NeighborhoodOcean Hill
Days on Prevu1
Taxes$3,175.2/year
Location
Mortgage Calculator
Listing History
04/03/2026
Listed by eXp Realty
$1,200,000
Estimated Closing Costs
Total
$45,380
Attorney Fees
$4,000
NYC Mansion Tax
$12,000
Title Insurance
$5,400
Bank Attorney
$1,500
Mortgage Recording Tax
$18,480
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,200,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 418 Chauncey Street
Exterior
Construction
Number Of Units Total: 3
Property Attached: Yes
Property Condition: Fixer
Year Built: 1899
Construction Materials: Brick
Measurements
Building Area Total: 2,598
Building Area Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1,925
Financial
Taxes
Parcel Number: 01515-0026
Tax Annual Amount: $3,175.20
Tax Assessed Value: $82,140.00
Tax Year: 2025
Interior
Features
Interior Features: High Ceilings, Washer/Dryer Hookup
Utilities
Equipment
Heating: Hot Water, Natural Gas
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Available, Natural Gas Connected, Trash Collection Public, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 418 Chauncey Street.
What are the annual taxes for 418 Chauncey Street?
Annual taxes for this multi-family home are estimated at $3,175.
How does 418 Chauncey Street compare to other multi-family homes in Ocean Hill?
This multi-family home is listed 11% below the average price for multi-family homes in Ocean Hill and has been on the market for 98 less days than the typical home in this area.
418 Chauncey Street is a -bedroom multi-family home for sale in Brooklyn NY 11233. Listed on Prevu for 1 days at $1,200,000. This home is located in Ocean Hill. The median listing price for multi-family homes in this area is $1,188,500. View other multi-family home listings in Brooklyn.
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non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.