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Oversized Brick Home with Potential

1026 39th Street Brooklyn, NY 11219

For Sale

$1,400,000

MULTI_FAMILY - Brooklyn, NY

Property size:

2,616 SF

Lot size:

0.04 Acres

Price / SF:

$535/SF

For Sale

$1,400,000

MULTI_FAMILY - Brooklyn, NY

Property size:

2,616 SF

Lot size:

0.04 Acres

Price / SF:

$535/SF

Added:: Oct 6, 2025
Days on Market:: 280
Last Refresh:: Jul 12 at 3:06 am

Property Features for 1026 39th Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: M1-2
Bedrooms: 8
Bathrooms: 5
Rooms: Bedroom 4, Bedroom 8, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 7, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3
Interior features: Dryer, Refrigerator, Stove, Washer
Basement: Full, Finished
Standard status: Active
Size: 2,616 SF
Lot size: 0.04 Acres

Taxes and HOA fees

Tax Annual Amount: 5181

Building Details

Year built: 1920
Floors in Building: 2
Flooring type: Tile, Hardwood
Building materials: Brick
Roof type: Flat

Listing agent Jason Zhou License #10301217017

Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

Listing date Oct 6, 2025

MLS# 496375 Listing URL

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This oversized 2-family brick home is located in Sunset Park/Borough Park, Brooklyn. The building, with dimensions of 20x70 feet, sits on a 20x95 foot lot. The property is zoned M1-2, offering approximately 1,200 square feet of additional buildable potential. The first floor features four bedrooms, including a master suite with a private full bathroom, plus three additional bedrooms and a shared bathroom. The second floor also includes four bedrooms and two full bathrooms. A finished basement with a full bathroom and a separate front entrance provides additional space. The property contains a total of eight bedrooms and five full bathrooms. The property size is 2,616 square feet and the lot size is 0.0437 acres. This residential income property presents an opportunity for various uses.

Key Highlights

Oversized 2‑family brick home built in 1920 with 8 bedrooms and 5 full bathrooms
M1‑2 zoning plus approx. 1,200 SF of additional buildable potential
Building footprint approx. 20x70' on a 20x95' lot with a flat roof

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$113.0k	$43.20
− Vacancy	−$5.1k	−$1.94
EGI	$107.9k	$41.26
− OpEx	−$32.4k	−$12.38
NOI	$75.5k	$28.88

2,616 SF · lease $43.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.08M

$944.4K – $1.26M (±1% cap)

NOI $75,548 @ 7.0% cap · market cap 5.40%

Second Best

Apartment 5plus

$968.8K

$847.7K – $1.13M (±1% cap)

NOI $67,816 @ 7.0% cap · market cap 4.84%

Theoretical Best

Office A

$1.70M

$1.48M – $1.98M (±1% cap)

NOI $118,712 @ 7.0% cap · market cap 8.48%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Duplexes
NY
Brooklyn
11219
1026 39th Street

What type of property is this?

Duplex - Rare 8-bedroom Brooklyn home with buildable potential and M1-2 zoning.

Where is this duplex located?

The property is located at 1026 39th Street Brooklyn, NY.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Oversized 2‑family brick home built in 1920 with 8 bedrooms and 5 full bathrooms; M1‑2 zoning plus approx. 1,200 SF of additional buildable potential; Building footprint approx. 20x70' on a 20x95' lot with a flat roof

1026 39th Street Brooklyn, NY 11219

MULTI_FAMILY - Brooklyn, NY

Property Features for 1026 39th Street

General Information

Taxes and HOA fees

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

New Retail Condo with Indoor Parking

Retail Storefront with Operating Dry Cleaner

First-Floor and Cellar Commercial Condo

NNN Retail Strip with Parking

Storefront Condo with Parking

Retail and Office Building

Corner Medical Suite with Private Entrance

Turn-Key Supermarket Business Opportunity

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

Incomplete Renovation Church Conversion

Ground-Level Retail Storefront with Parking

FAQs