Legal 3-Family Brick
1040 Willmohr Street Brooklyn, NY 11212
1040 Willmohr Street, Brooklyn, NY, 11212
$999,000
For Sale
$999,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,680 SF
Lot Size0.06 Acres
Price / SF$372.76
Days on Market314
Property Features for 1040 Willmohr Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 4, Bathroom 3
- Parking features
- Garage
- Patio and Porch features
- Porch
- Interior features
- Laundry Area, Porch
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,680 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8189
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet, Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Ranch
Listing agency
Brooklyn Real Property, Inc
(718) 272-8988
Listed by
Jean Paul Ho
(718) 875-8899
Added: Sep 11, 2025 Updated: Jul 11 at 6:35PM Checked: Jul 21 at 11:06AM
MLS# 495700
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.
Located at East 93rd Street & Willmohr Avenue, also known as 441 East 93rd Street, this semi-attached, solid brick, legal 3-family home is for sale. The property features a large lot with development potential. The building is approximately 2,680 square feet (20.5 ft x 67 ft) on a 20.5 ft x 120 ft lot with R6 zoning. It also has an additional 3,296 square feet of unused FAR. The layout includes: a top floor with 4 bedrooms, an oversized living room, a formal dining room, an eat-in kitchen, and a full bath; a first floor with 2 bedrooms, a living room, a formal dining room, an eat-in kitchen, and a full bath; and another first-floor unit with 1 bedroom, a living room, a formal dining room, an eat-in kitchen, and a full bath. The basement is a fully finished accessory unit with 6 rooms, a full bath, and a separate entrance. Features include a new gas boiler, a new hot water heater, new windows, a 1-car detached garage, a private driveway, and a large fenced backyard. The property is conveniently located near shopping, buses, the 1, 2 & 3 subway lines, and Brookdale Hospital. The property is tenant-occupied and must be purchased with tenants.
Key Highlights
- Semi‑attached solid brick legal 3‑family home on a 20.5 ft x 120 ft lot with R6 zoning
- Approx. 2,680 sq. ft. building (20.5 ft x 67 ft) plus approx. 3,296 sq. ft. unused FAR
- Top floor layout: 4 bedrooms, oversized living room, formal dining room, eat‑in kitchen, and full bath
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $151.8k | $56.64 |
| − Vacancy | −$3.0k | −$1.13 |
| EGI | $148.8k | $55.51 |
| − OpEx | −$66.9k | −$24.98 |
| NOI | $81.8k | $30.53 |
2,680 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.34M
$1.17M – $1.56M
NOI $93,858 @ 7.0% cap · market cap 9.40%
Second Best
Apartment 5plus
$1.17M
$1.02M – $1.36M
NOI $81,818 @ 7.0% cap · market cap 8.19%
Theoretical Best
Specialty Retail
$2.22M
$1.94M – $2.59M
NOI $155,333 @ 7.0% cap · market cap 15.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Solid brick 3-family home in Brooklyn with development potential.
Where is this triplex located?
The property is located at 1040 Willmohr Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Semi‑attached solid brick legal 3‑family home on a 20.5 ft x 120 ft lot with R6 zoning; Approx. 2,680 sq. ft. building (20.5 ft x 67 ft) plus approx. 3,296 sq. ft. unused FAR; Top floor layout: 4 bedrooms, oversized living room, formal dining room, eat‑in kitchen, and full bath
