Newly Built Four-Unit
For Sale
$1,950,000
2041 Strauss St, Brooklyn, NY 11212
Vacant residential income property with modern apartments, private outdoor areas, and separate utility service.
Property Size4,200 SF
Days on Market62
Property Features for 2041 Strauss St
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$2,106
Building Details
Building Size
4,200 SF
Year Built
2025
Units
4
Listing Agency:
One Stop Multiservice Inc
Listed By:
Raymond N. Rivera · License #31RI0930921
(347) 645-2004
Source:
Elliman
Added: Aug 19
Changed: Oct 15
Last Checked: Oct 16 at 10:55AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2025, this four-unit residential property provides approximately 4,200 square feet on a 20' x 100' lot. The building contains seven bedrooms and five full bathrooms, including a top-floor duplex with private rooftop access and a first-floor apartment opening to a private backyard. All four apartments are delivered vacant for immediate leasing activity.
Interior features include modern kitchens with stainless-steel appliances, tiled bathrooms, in-unit laundry, split heating and cooling systems, Andersen hurricane-impact windows, and contemporary finishes. Separate utilities and a new video intercom system support individual apartment operations. The property is located at 2041 Strauss St in Brooklyn, NY 11212, near schools, parks, shopping, restaurants, public transportation, and major highways. Walk Score is 92, Transit Score is 98, and Bike Score is 67.
Interior features include modern kitchens with stainless-steel appliances, tiled bathrooms, in-unit laundry, split heating and cooling systems, Andersen hurricane-impact windows, and contemporary finishes. Separate utilities and a new video intercom system support individual apartment operations. The property is located at 2041 Strauss St in Brooklyn, NY 11212, near schools, parks, shopping, restaurants, public transportation, and major highways. Walk Score is 92, Transit Score is 98, and Bike Score is 67.
Key Highlights
- 2025 construction with four legal residential units
- Approximately 4,200 square feet on a 20' x 100' lot
- Seven bedrooms and five full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,091
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,941,820
$2.9M
Cap Rate 7%
$2,101,300
$2.1M
Cap Rate 9%
$1,634,344
$1.6M
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$214.2K $51.00/SF
− Vacancy
−$4.1K −$0.97/SF
EGI
$210.1K $50.03/SF
− OpEx
−$63.0K −$15.01/SF
NOI
$147.1K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,941,820
Cap Rate 7%
$2,101,300
Cap Rate 9%
$1,634,344
Alternative Uses
Best Use
Multifamily LT 5
$2.10M
$1.84M – $2.45M
NOI $147,091 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$1.83M
$1.60M – $2.14M
NOI $128,222 @ 7.0% cap · market cap 6.58%
Theoretical Best
Specialty Retail
$3.48M
$3.04M – $4.06M
NOI $243,432 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,634
Businesses Nearby
Explore this area
Business Placement
Demographics for 11212, NY
91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Vacant residential income property with modern apartments, private outdoor areas, and separate utility service.
Where is this quadplex located?
The property is located at 2041 Strauss St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 2025 construction with four legal residential units; Approximately 4,200 square feet on a 20' x 100' lot; Seven bedrooms and five full bathrooms
