Vacant Multifamily Income
1040 Broadway Brooklyn, NY 11221
For Sale
$899,999
Pending
MULTI_FAMILY - Brooklyn, NY
Lot Size0.02 Acres
Days on Market73
Property Features for 1040 Broadway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Pending
- APN
- 01593-0036
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4869
Utilities
- Sewer type
- Public Sewer
- Heating system
- Radiant
- Water source
- Public
Building Details
- Year built
- 1931
- Number of units
- 3
- Building materials
- Frame
Listing Agency:
Keller Williams Realty NYC Grp
(718) 697-6800
Listed By:
Vanessa Villanueva
(917) 557-5302
Added: May 12
Changed: Jul 17
Last Checked: Jul 23 at 11:06AM
MLS# 996620
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.
Investment Insights
Based on property information with market context.
Located at 1040 Broadway, Brooklyn, NY 11221, this vacant mixed-use investment property is being sold strictly as-is, including condition and any existing DOB/ECB violations. The offering is also positioned as a potential development opportunity, subject to buyer confirmation of all details.
Public information indicates the property is zoned C4-4L. The site is approximately a 2,614 SF lot, and a preliminary FAR-based estimate suggests approximately 10,456 buildable SF at 4.0 FAR, with possible upside to approximately 12,024 SF if an affordable housing or Inclusionary Housing bonus floor area were available and approved. All zoning/FAR/buildable SF figures are preliminary estimates for marketing purposes only and have not been confirmed by an architect, zoning consultant, or expeditor.
The property sits on the Broadway corridor and is described as being surrounded by active neighborhood retail, residential uses, and convenient transit access.
Public information indicates the property is zoned C4-4L. The site is approximately a 2,614 SF lot, and a preliminary FAR-based estimate suggests approximately 10,456 buildable SF at 4.0 FAR, with possible upside to approximately 12,024 SF if an affordable housing or Inclusionary Housing bonus floor area were available and approved. All zoning/FAR/buildable SF figures are preliminary estimates for marketing purposes only and have not been confirmed by an architect, zoning consultant, or expeditor.
The property sits on the Broadway corridor and is described as being surrounded by active neighborhood retail, residential uses, and convenient transit access.
Key Highlights
- Prime mixed‑use investment and development opportunity on the Broadway corridor in Brooklyn.
- Significant development potential with a preliminary estimate of approximately 10,456 buildable SF.
- Potential for increased buildable SF to approximately 12,024 SF with affordable housing bonus (subject to approval).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Suydam Barber Shop
Barber Shop
Suydan Salon
Hair Salon
FAQs
What type of property is this?
Triplex - Vacant multifamily property offered strictly as-is, zoned C4-4L, with preliminary FAR-based redevelopment buildable estimates.
Where is this triplex located?
The property is located at 1040 Broadway Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Prime mixed‑use investment and development opportunity on the Broadway corridor in Brooklyn.; Significant development potential with a preliminary estimate of approximately 10,456 buildable SF.; Potential for increased buildable SF to approximately 12,024 SF with affordable housing bonus (subject to approval).
