1026 39th Street, Brooklyn, NY 11219
MULTI_FAMILY - Brooklyn, NY
- Added:
- Oct 6, 2025
- Days on Market:
- 274
- Last Refresh:
- Jul 6 at 9:06 pm
Property Features for 1026 39th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- M1-2
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bedroom 4, Bedroom 8, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 7, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3
- Interior features
- Dryer, Refrigerator, Stove, Washer
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,616 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5181
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Jason Zhou License #10301217017 (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date Oct 6, 2025
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.
HighLights
- Oversized 2‑family brick home built in 1920 with 8 bedrooms and 5 full bathrooms
- M1‑2 zoning plus approx. 1,200 SF of additional buildable potential
- Building footprint approx. 20x70' on a 20x95' lot with a flat roof
- 1st floor: 4 bedrooms (including master suite with private full bath) plus 2nd shared bath
- 2nd floor: 4 bedrooms with 2 full baths
- Finished basement includes a full bathroom and separate front entrance; washer, dryer, stove, and refrigerator included
Overview
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 | $113.0k | $43.20 |
| − Vacancy | −$5.1k | −$1.94 |
| EGI | $107.9k | $41.26 |
| − OpEx | −$32.4k | −$12.38 |
| NOI | $75.5k | $28.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.992384
- Latitude
- 40.644005
