Back to Search
Modern 4-Family Residential Income Property

2041 Strauss Street Brooklyn, NY 11212

2041 Strauss Street, Brooklyn, NY, 11212
$1,898,000
For Sale
Claim this Listing
$1,898,000

MULTI_FAMILY - Modern - Brooklyn, NY

Property Size4,200 SF
Lot Size0.05 Acres
Price / SF$451.90
AddedJul 1, 2025
Days on Market379
Last RefreshJul 14 at 2:06 pm

Property Features for 2041 Strauss Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
7
Bathrooms
5
Rooms
Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 7, Bathroom 1
Security features
Security System
Window features
Double Pane Windows
Exterior features
Balcony
Standard status
Active
APN
03555-0014
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2100

Utilities

Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public

Building Details

Year built
2025
Number of units
4
Flooring type
Tile - Ceramic, Hardwood
Building materials
Brick
Architectural style
Modern

Listing agent Raymond N. Rivera

Listing office One Stop Multi Service Inc 4139 54th St, WOODSIDE, NY

Listing date Jul 1, 2025

MLS# 884425 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.


Investment Insights

Based on property information with market context.

Newly constructed in 2025, this fully vacant four-family residential income property offers contemporary finishes and a modern layout. The building totals four separate units with designer kitchens, stainless-steel appliances, and tile bathrooms with glass showers. Each unit includes laundry, and the property is equipped with split-unit heating and cooling and separate utilities for each unit, including electric and hot water. Additional features include hurricane-impact windows and an all-new video intercom system for secure access.

The property is located in Brooklyn’s East New York area and provides convenient access to multiple subway lines, including the L, 3, A, and C. Outdoor amenities include exclusive backyard access for the first-floor unit and private rooftop access for the top duplex.

The unit mix includes a first-floor 2-bedroom/1-bath, a second-floor 2-bedroom/1-bath, a third-floor 1-bedroom/1-bath, and a fourth-floor duplex 2-bedroom/2-bath with rooftop access.

Key Highlights

  • New construction 4‑family built in 2025 with modern architectural style (brick exterior).
  • 7 bedrooms and 5 full bathrooms across four separate units in a 4,200 SF total layout.
  • Private outdoor spaces: first‑floor unit includes exclusive backyard access; top duplex has private rooftop access.

Local Financial Insights For Multifamily LT 5

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 $214.2k $51.00
− Vacancy −$4.1k −$0.97
EGI $210.1k $50.03
− OpEx −$63.0k −$15.01
NOI $147.1k $35.02
4,200 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$2.10M
$1.84M – $2.45M (±1% cap)
NOI $147,091 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,222 @ 7.0% cap · market cap 6.76%
Theoretical Best
Specialty Retail
$3.48M
$3.04M – $4.06M (±1% cap)
NOI $243,432 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Gym & Fitness Center Acupuncture Bar & Pub Cafe & Coffee Shop HVAC Service

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

FAQs

What type of property is this?
Quadplex - Newly built, fully vacant 4-family features a backyard and rooftop access plus in-unit laundry for each unit.
Where is this quadplex located?
The property is located at 2041 Strauss Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,898,000.
What are key features of this property?
This property features: New construction 4‑family built in 2025 with modern architectural style (brick exterior).; 7 bedrooms and 5 full bathrooms across four separate units in a 4,200 SF total layout.; Private outdoor spaces: first‑floor unit includes exclusive backyard access; top duplex has private rooftop access.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message