1040 WILLMOHR St Brooklyn, NY 11212
Semi-attached 3-family home with development potential in Brooklyn.
- Added:
- Mar 12, 2026
- Days on Market:
- 125
- Last Refresh:
- Jul 5 at 1:57 pm
Property Features for 1040 WILLMOHR St
General Information
- Standard status
- Active
- Size
- 2,680 SF
- Lot size
- 0.06 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1920
Listing office BRP Associates Inc (718) 875-8899
Listing date Mar 12, 2026
Source Elliman
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 BRP Associates Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Legal 3‑family semi‑attached solid brick home on a large lot.
- Great development potential with additional 3,296 sq. ft. unused FAR.
- Fully finished accessory unit in the basement with 6 rooms, full bath, and separate entrance.
Local Financial Insights For Apartment 5plus
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 | $151.8k | $56.64 |
| − Vacancy | −$3.0k | −$1.13 |
| EGI | $148.8k | $55.51 |
| − OpEx | −$66.9k | −$24.98 |
| NOI | $81.8k | $30.53 |
