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1034 Winthrop Street

Brooklyn, NY 11212
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Bed --

Bed

Bath 0

Bath

SqFt3,280

Sqft

Acres0.05

Acre(Lot)

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 c ash 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $999,999

AD Id : 78060770

MLS Id : 501246

Lot Size : 0.05 Acre

Living Area Size : 3,280

Year Built : 1930

County : Kings

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Finished, Full
  • Flooring Information

    Hardwood
  • Roofing Information

    Other
  • Interior Features

    Roof: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Steam, Natural Gas

  • Building Information

    Year Built: 1930 Building Area Total: 3280 Construction Materials: Brick Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 100 x 20 Lot Size Acres: 0.05 Lot Size Square Feet: 2000

  • Listing Price Information

    Listing Price: $999999

  • Tax Information

    Tax Lot: 7 Tax Block: 4628 Annual Tax: $5553

  • Parking Information

    On Street, None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
555 Christopher Avenue, Brooklyn, NY, 11212 $483,000 3 2 1,116 1,116 SqFt
699 Sackman Street, Brooklyn, NY, 11212 $729,000 3 3 1,116 1,116 SqFt
570 Christopher Avenue, Brooklyn, NY, 11212 $615,000 2 2 1,116 1,116 SqFt
893 Rockaway Avenue, Brooklyn, NY, 11212 $580,000 3 2 1,148 1,148 SqFt
101 Remsen Avenue, Brooklyn, NY, 11212 $1,288,888 4 3 1,848 1,848 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.

ByOwner last updated this listing 06/09/2026 @ 16:56

MLS: 501246 LISTED BY: Carl Franklyn, Keller Williams Realty Landmar 718-475-2700 SOURCE: Brooklyn Board of REALTORS

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