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    941 New York Ave Brooklyn, NY 11203

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    For Sale
    $1,200,000

    Spacious three-family home in East Flatbush with income potential.

    Lot size:
    0.05 Acres

    Property Features for 941 New York Ave

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1910

    Source: Kingsview Realty Corp. Agent Anthony Garraud II

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Flatbush Three-Family Home

    This well-maintained three-family home is located in East Flatbush and offers rental income potential. The property features separate meters for each unit. It is conveniently located close to public transportation, schools, and local amenities. The property is a short distance from the B44 & B35 MTA Bus Stop and near the Beverly Rd/Nostrand Ave. #2 & #5 Train Station, making it accessible to various parts of the city. This property presents an opportunity for investors or end-users looking to generate passive income.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.946304
    Latitude
    40.65039

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    FAQs

    What type of property is this?
    Multifamily property - Spacious three-family home in East Flatbush with income potential.
    Where is this multifamily property located?
    The property is located at 941 New York Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Great rental income potential.; - Three-family home offering plenty of space.; - Separate meters for each unit.
    (718) 692-2010
    Request Owner's contact information
    941 New York Ave Brooklyn, NY 11203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    941 New York Ave Brooklyn, NY 11203
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