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Brighton Beach Investment Opportunity

1011 Banner Ave Brooklyn, NY 11235

1011 Banner Ave, Brooklyn, NY, 11235
$1,288,000
For Sale
$1,288,000

Well-maintained, detached, three-story, two-family brick home with development potential.

Lot Size0.07 Acres
Days on Market130

Property Features for 1011 Banner Ave

General Information

Standard status
Active
Lot size
0.07 Acres
Property subtype
Multi Family

Building Details

Year Built
1920
Listing Agency Century 21 Homefront Realty
Listed by Delton Cheng · License #31CH0928260
Source Elliman
Added: Mar 10 Checked: Jul 17 at 5:57 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Homefront Realty


Investment Insights

Based on property information with market context.

This well-maintained, fully detached three-story, two-family brick home is located in Brighton Beach. Situated on a 30x101 lot with R6 zoning, the property offers over 7,000 buildable square feet. The 18x60 structure includes three residential levels. The first floor features two bedrooms, convertible to three, with a full living and dining area, kitchen, and bath. The second floor mirrors this layout with a three-bedroom unit. The third floor includes a one-bedroom apartment with front and rear terraces. The semi-finished basement has a separate entrance and full bath. The property boasts high ceilings, abundant natural light, 3 gas and 4 electric meters, and a new roof. The fully fenced yard, multi-car driveway, and detached garage accommodate up to five vehicles. Located minutes from restaurants, supermarkets, schools, and the B4 bus and B/Q subway lines, this property offers both immediate income potential and long-term development upside. The property is delivered vacant at closing.

Key Highlights

  • R6 zoning with over 7,000 buildable square feet offers significant development potential.
  • Delivered vacant, providing immediate income potential or owner‑occupancy flexibility.
  • Two‑family detached brick home with private driveway and detached garage (up to 5 vehicles).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Hotel & Motel Catering Service Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Bar & Pub Garden Center Locksmith

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

FAQs

What type of property is this?
Triplex - Well-maintained, detached, three-story, two-family brick home with development potential.
Where is this triplex located?
The property is located at 1011 Banner Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,288,000.
What are key features of this property?
This property features: R6 zoning with over 7,000 buildable square feet offers significant development potential.; Delivered vacant, providing immediate income potential or owner‑occupancy flexibility.; Two‑family detached brick home with private driveway and detached garage (up to 5 vehicles).
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