2041 Strauss St Brooklyn, NY 11212
New 4-family Brooklyn building with backyard, rooftop, and high returns.
- Added:
- Mar 11, 2026
- Days on Market:
- 123
- Last Refresh:
- Jul 2 at 2:44 pm
Property Features for 2041 Strauss St
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Lot size
- 0.05 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 2025
Listing office ONE STOP MULTISERVICE INC (718) 554-0257
Listing date Mar 11, 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 ONE STOP MULTISERVICE INC
Investment Insights
Based on property information with market context.
Key Highlights
- High‑yield investment opportunity with a projected 6.95% cap rate and $147,648 annual net operating income (NOI).
- Fully vacant, move‑in‑ready, modern 4‑family building constructed in 2025 with contemporary finishes.
- Private outdoor spaces: Backyard access for the first‑floor unit and private rooftop access with expansive views for the top‑floor duplex.
Local Financial Insights For Multifamily LT 5
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 | $214.2k | $51.00 |
| − Vacancy | −$4.1k | −$0.97 |
| EGI | $210.1k | $50.03 |
| − OpEx | −$63.0k | −$15.01 |
| NOI | $147.1k | $35.02 |