Modern 4-Family Residential
2041 Strauss Street Brooklyn, NY 11212
2041 Strauss Street, Brooklyn, NY, 11212
$1,878,000
For Sale
$1,878,000
MULTI_FAMILY - Modern - Brooklyn, NY
Property Size4,200 SF
Lot Size0.05 Acres
Price / SF$447.14
Days on Market382
Property Features for 2041 Strauss Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 6, Bathroom 1, Bathroom 5
- Security features
- Security System
- Window features
- Double Pane Windows
- Exterior features
- Balcony
- Standard status
- Active
- APN
- 03555-0014
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2100
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2025
- Number of units
- 4
- Flooring type
- Hardwood, Tile - Ceramic
- Building materials
- Brick
- Architectural style
- Modern
Listing Agency
One Stop Multi Service Inc
(718) 554-0257
4139 54th St, WOODSIDE, NY
Listed by
Raymond N. Rivera
(347) 645-2004
Added: Jul 1, 2025 Checked: Jul 17 at 1:06 am
MLS# 884425
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2025, 2041 Strauss Street is a modern, fully vacant 4-family residential building offered as move-in-ready. The property features a total 4,200 sq. ft. layout with seven bedrooms and five full bathrooms across four separate units. Interiors include contemporary kitchens with stainless-steel appliances, sleek tile bathrooms with glass showers, and an all-new video intercom system. Each unit has its own laundry, and the building is equipped with hurricane-impact windows by Andersen. Heating and cooling are provided via split-unit systems, with separate utilities (electric and hot water) for each unit.
The first-floor unit offers exclusive backyard access, while the top duplex includes private rooftop access. The building is located in East New York, Brooklyn, with access to the L, 3, A, and C subway lines, and nearby commercial and recreational destinations referenced in the listing.
The provided pro forma projects annual net operating income of $147,648 with an approximately 6.95% cap rate, based on projected gross monthly rent of $12,304 across the four units.
The first-floor unit offers exclusive backyard access, while the top duplex includes private rooftop access. The building is located in East New York, Brooklyn, with access to the L, 3, A, and C subway lines, and nearby commercial and recreational destinations referenced in the listing.
The provided pro forma projects annual net operating income of $147,648 with an approximately 6.95% cap rate, based on projected gross monthly rent of $12,304 across the four units.
Key Highlights
- Brand‑new modern 4‑family built in 2025 with a 4,200 sq. ft. total layout
- 7 bedrooms and 5 full baths across four separate units (all fully vacant and move‑in ready)
- Each unit includes laundry and has split‑unit electric heating/cooling with separate utilities
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 |
4,200 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.10M
$1.84M – $2.45M
NOI $147,091 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$1.83M
$1.60M – $2.14M
NOI $128,222 @ 7.0% cap · market cap 6.83%
Theoretical Best
Specialty Retail
$3.48M
$3.04M – $4.06M
NOI $243,432 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Built in 2025, this fully vacant, move-in-ready 4-family building includes laundry in every unit.
Where is this quadplex located?
The property is located at 2041 Strauss Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,878,000.
What are key features of this property?
This property features: Brand‑new modern 4‑family built in 2025 with a 4,200 sq. ft. total layout; 7 bedrooms and 5 full baths across four separate units (all fully vacant and move‑in ready); Each unit includes laundry and has split‑unit electric heating/cooling with separate utilities
