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Brick Duplex with Private Driveway
For Sale
$1,649,000

1940 W 3rd St, Brooklyn, NY 11223

Residential Income, Brooklyn, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market427

Property Features for 1940 W 3rd St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 3
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 1, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 3
Subdivision Gravesend
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6002

Utilities

Heating system Baseboard, Natural Gas

Amenities

private driveway
custom Italian kitchens
new bathrooms
backyard with veranda and outdoor kitchen
full finished basement

Building Details

Year built 1925
Floors in Building 2
Flooring type Tile, Hardwood
Building materials Brick
Roof type Flat
Listing Agency: REMAX REAL ESTATE PROFESSIONALS
Listed By: Vito Angelo
Added: Aug 27, 2025 Changed: Oct 22 Last Checked: Oct 27 at 10:06PM
MLS# 11563716

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-family brick duplex, built in 1925, includes hardwood and tile flooring, natural gas baseboard heating, and a flat roof. The interior features custom Italian kitchens, recently completed bathrooms, and a finished basement. A private rear yard adds a veranda and outdoor kitchen, while the extra-wide driveway provides dedicated off-street access.

The property is located at 1940 W 3rd St in Brooklyn’s Gravesend area, near shopping and transportation. The 0.0551-acre parcel offers a residential configuration with multiple bedrooms and bathrooms across the home.

Key Highlights

  • Two‑family brick duplex built in 1925
  • 0.0551‑acre parcel at 1940 W 3rd St, Brooklyn, NY 11223
  • Extra‑wide private driveway

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,495
Businesses Nearby

Demographics for 11223, NY

83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
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?
Duplex - Two-family residence with finished basement, outdoor kitchen, and private rear yard.
Where is this duplex located?
The property is located at 1940 W 3rd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Two‑family brick duplex built in 1925; 0.0551‑acre parcel at 1940 W 3rd St, Brooklyn, NY 11223; Extra‑wide private driveway
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