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Vacant Mixed-Use Property
For Sale
$999,000

1040 Broadway, Brooklyn, NY 11221

Vacant as-is property with C4-4L zoning and preliminary redevelopment estimates.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market167

Property Features for 1040 Broadway

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype Duplex
Zoning C4-4L

Additional Details

Land Use mixed-use

Amenities

Radiant

Building Details

Year Built 1931
Listing Agency: NYC - Bronx
Listed By: Vanessa Villanueva · License #10401253505
Source: Kw
Added: May 14 Changed: Oct 25 Last Checked: Oct 24 at 8:55PM

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 NYC - Bronx

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Investment Insights

Based on property information with market context.

Vacant mixed-use property at 1040 Broadway in Brooklyn, offered strictly in its existing condition. The property includes radiant interior features and dates to 1931. Existing DOB/ECB violations are included in the as-is sale terms.

The site occupies an approximately 2,614 SF lot and is identified in public information as C4-4L zoned. Preliminary estimates indicate approximately 10,456 buildable SF at 4.0 FAR, with a potential increase to approximately 12,024 SF if an affordable housing or Inclusionary Housing bonus floor area is available and approved. These figures have not been confirmed by an architect, zoning consultant, or expeditor. Buyers must independently verify zoning, FAR, buildable area, permitted use, occupancy, violations, and development potential.

Key Highlights

  • Approximately 2,614 SF lot at 1040 Broadway, Brooklyn, NY 11221
  • C4‑4L zoning identified in public information
  • Preliminary estimate of approximately 10,456 buildable SF at 4.0 FAR

Property Analytics

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Current Use

Suydam Barber Shop Barber Shop Suydan Salon Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Accounting Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,501
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant as-is property with C4-4L zoning and preliminary redevelopment estimates.
Where is this mixed-use property located?
The property is located at 1040 Broadway 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: Approximately 2,614 SF lot at 1040 Broadway, Brooklyn, NY 11221; C4‑4L zoning identified in public information; Preliminary estimate of approximately 10,456 buildable SF at 4.0 FAR
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