1034 Winthrop Street Brooklyn, NY 11212
New
- Added:
- May 1, 2026
- Days on Market:
- 7
- Last Refresh:
- May 7 at 11:06 am
Property Features for 1034 Winthrop Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 3, Bathroom 2, Basement, Bedroom 4, Bedroom 1
- Parking features
- On Street
- Interior features
- Entrance Foyer
- Basement
- Finished, Full
- Standard status
- Active
- APN
- 04628-0007
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5553
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Steam, Natural Gas
- Cooling system
- Central Air, Window Unit(s), Varies by Unit, Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1930
- Number of units
- 4
- Building materials
- Brick
Listing agent Carl Franklyn PSC License #10401358447 (929) 479-4791
Listing office Keller Williams Rlty Landmark 3255 Francis Lewis Blvd, Flushing, NY (718) 475-2700
Listing date May 1, 2026
MLS# 994720
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strong in‑place income of approximately $105,000 annually from fully occupied units, providing immediate cash flow.
- Significant upside potential through under‑market residential rents, with opportunities to increase income by renovating two units to achieve higher market rents.
- Ground‑floor commercial space provides stable supplemental income, enhancing the overall asset's financial stability.
- Located in a steadily appreciating Brooklyn market, positioning the property for long‑term appreciation and income growth.
- Convenient location near transportation, shopping, and neighborhood amenities, increasing tenant appeal and property value.
- Balance of existing income and value‑add potential, suitable for both seasoned and entry‑level investors.
Overview
Brooklyn Mixed-Use Investment Opportunity
This mixed-use property in Brownsville, Brooklyn, presents an investment opportunity with in-place income and additional upside potential. The property features three 2-bedroom residential units and a ground-floor commercial space. All units are currently occupied, providing immediate cash flow. The current annual income is approximately $105,000. Residential rents are currently below market value, offering potential for increased returns. Two of the three residential units have the opportunity for rental growth, with comparable renovated units in the area supporting higher market rents. The commercial unit provides stable supplemental income. An additional income stream is also a possibility. The property is suited for both experienced and new investors seeking portfolio growth in the appreciating Brooklyn market. The property is located near transportation, shopping, and neighborhood amenities, positioning it for long-term appreciation and income growth. The lot size is 0.0459 acres. The property is well-suited for a stable hold with upside or a value-add play.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
JJosfina Beauty Salon
Hair Salon
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.925098
- Latitude
- 40.660376
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with income and upside potential in Brooklyn.
Where is this mixed-use property located?
The property is located at 1034 Winthrop Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Strong in‑place income of approximately $105,000 annually from fully occupied units, providing immediate cash flow.; Significant upside potential through under‑market residential rents, with opportunities to increase income by renovating two units to achieve higher market rents.; Ground‑floor commercial space provides stable supplemental income, enhancing the overall asset's financial stability.
