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Pending
  • $999,999

    1034 Winthrop St, Brooklyn, NY 11212

    --beds
    3,280sqft
    Loading
    Mixed Use
    Built in 1930
    2,000 Square Feet Lot
    $998,500 Zestimate®
    $305/sqft
    $-- HOA

    What's special

    Investment opportunity in Brooklyn with POTENTIAL TO BE DELIVERED VACANT. Featuring strong in-place income with additional upside potential. The property consists of three 2-bedroom residential units and a ground-floor commercial space, all currently occupied with very cooperative tenants in place, providing immediate cash flow from day one. Current income is approximately $105,000 annually, with under-market residential rents offering a clear path to increased returns. Two of the three residential units present the opportunity for rental growth, with comparable renovated units in the area supporting higher market rents. The commercial unit provides stable supplemental income, adding to the overall strength of the asset. An additional income stream is also a possibility further enhancing cash flow. Investors will appreciate the balance of existing income and value-add potential, making this an ideal opportunity for both seasoned and entry-level investors looking to grow their portfolio in a steadily appreciating Brooklyn market. Conveniently located near transportation, shopping, and neighborhood amenities, this property is well-positioned for long-term appreciation and income growth. Whether you’re seeking a stable hold with upside or a value-add play, This property checks all the boxes.
    67 days
    |
    124
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty Landmar 718-475-2700,

    Carl W. Franklyn 929-479-4791

    Source: BNYMLS,MLS#: 501246MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 4
      • 1/2 bathrooms: 4
      Heating
      • Natural Gas, Steam/Radiator
      Features
      • Flooring: Hardwood
      • Basement: Finished,Full,Separate Entrance
      Interior area
      • Total structure area: 3,280
      • Total interior livable area: 3,280 sqft

      Property

      Parking
      • Parking features: Street, None
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      Lot
      • Size: 2,000 Square Feet
      • Dimensions: 20x100
      • Features: Back Yard
      Details
      • Foundation area: 1640
      • Parcel number: 046280007
      • Zoning: R6
      • Special conditions: Arm's Length

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Brick, Brick Veneer
      • Foundation: Concrete Perimeter
      • Roof: Other
      Condition
      • Year built: 1930

      Utilities & green energy

      • Electric: Other

      Community & HOA

      Community
      • Subdivision: Brooklyn
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $305/sqft
      • Tax assessed value: $438,000
      • Annual tax amount: $5,553
      • Date on market: 5/7/2026
      • Cumulative days on market: 68 days
      • Total actual rent: 8750

        Estimated market value

        $998,500

        $949,000 - $1.05M

        $4,989/mo

        Price history

        DateEventPrice
        6/16/2026Pending sale$999,999$305/sqft
        Source: BNYMLS #501246 Report a problem
        5/7/2026Listed for sale$999,999+4344.4%$305/sqft
        Source: OneKey® MLS as distributed by MLS GRID #994720 Report a problem
        11/14/1996Sold$22,500$7/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,580 +2.8%$197,100 +20.1%
        2024$5,428 $164,160 -20%
        2023-- $205,200 +20%
        2022-- $171,000 +25%
        2021-- $136,755 +23.5%
        2020$4,304 +3.3%$110,700
        2019$4,166 $110,700 +257.9%
        2018-- $30,934 +7.9%
        2017$3,646 +6.6%$28,666 +8%
        2016$3,420 $26,544
        2015$3,420 +53.9%$26,544 +3.3%
        2014$2,222 $25,690
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Brownsville

        Getting around

        80 / 100
        Very Walkable
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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