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    Brooklyn Vacant Mixed-Use Opportunity Title is generated by Realmo AI

    1040 Broadway, Brooklyn, NY 11221

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    Claim this Listing
    For Sale
    $899,999

    MULTI_FAMILY - Brooklyn, NY

    Lot size:
    0.02 Acres
    Added:
    May 12, 2026
    Days on Market:
    11
    Last Refresh:
    May 22 at 6:06 pm

    Property Features for 1040 Broadway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    01593-0036
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4869

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Radiant
    Water source
    Public

    Building Details

    Year built
    1931
    Number of units
    3
    Building materials
    Frame

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    Listing Contact
    Vanessa Villanueva
    Vanessa Villanueva

    Listing agent Vanessa Villanueva

    Listing office Keller Williams Realty NYC Grp 2300 Eastchester Road, Bronx, NY

    Listing date May 12, 2026

    MLS# 996620 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.

    HighLights

    • Prime mixed‑use investment and development opportunity on the Broadway corridor in Brooklyn.
    • Significant development potential with a preliminary estimate of approximately 10,456 buildable SF.
    • Potential for increased buildable SF to approximately 12,024 SF with affordable housing bonus (subject to approval).
    • C4‑4L zoning on a 2,614 SF lot.
    • Convenient transit access and proximity to active neighborhood retail and residential areas.
    • Public water and sewer connections.

    Overview

    This vacant mixed-use property presents an investment and potential development opportunity along the Broadway corridor in Brooklyn. The surrounding area features active neighborhood retail, residential spaces, and convenient transit access. The property is being sold strictly as-is, including its current condition and any existing DOB/ECB violations. Public information indicates C4-4L zoning on an approximately 2,614 square foot lot. A preliminary FAR-based estimate suggests approximately 10,456 buildable square feet at 4.0 FAR, with a possible upside to approximately 12,024 square feet if an affordable housing / Inclusionary Housing bonus floor area were available and approved. The lot size is approximately 0.0227 acres. All figures are preliminary estimates for marketing purposes only and have not been confirmed by an architect, zoning consultant, or expeditor. Buyers must independently verify all zoning, FAR, buildable square footage, use, occupancy, violations, and development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Suydam Barber Shop Barber Shop Suydan Salon Hair Salon

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.932507
    Latitude
    40.695212

    FAQs

    What type of property is this?
    Commercial land - Vacant mixed-use property with development potential in Brooklyn.
    Where is this commercial land located?
    The property is located at 1040 Broadway Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $899,999.
    What are key features of this property?
    This property features: Prime mixed‑use investment and development opportunity on the Broadway corridor in Brooklyn.; Significant development potential with a preliminary estimate of approximately 10,456 buildable SF.; Potential for increased buildable SF to approximately 12,024 SF with affordable housing bonus (subject to approval).
    More about this property
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