Active

1034 Winthrop Street

Brooklyn, NY 11212
Mark as Favorite
Bed 6

Bed

Bath 3

Bath

Acres0.05

Acre(Lot)

Investment opportunity in Brooklyn POTENTIAL TO BE DELIVERED VACANT. 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. Inve stors 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $999,999

AD Id : 77962979

MLS Id : 994720

Beds : 6

Lot Size : 0.05 Acre

Year Built : 1930

County : Kings (Brooklyn)

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Basement: Finished, Full
  • Interior Features

    Entrance Foyer, Other
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Steam, Other Has Cooling: Yes Cooling: Central Air, Varies by Unit, Wall/Window Unit(s)

  • Building Information

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

  • Lot Information

    Lot Size Acres: 0.0459 Lot Size Square Feet: 3280

  • Listing Price Information

    Listing Price: $999999

  • Tax Information

    Parcel Number: 04628-0007 Annual Tax: $5552.68

  • Parking Information

    On Street

  • School Information

    Elementary School: Ps 184 Newport
    Junior High School: Brooklyn Collegiate
    Senior High School: Brooklyn Democracy Academy
  • Utility Information

    Natural Gas Available, Cable Available, Electricity Available
  • Location Information

    WaterSource: Public
Sell a home like this and save $59,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
639 Watkins Street, Brooklyn, NY, 11212 $1,125,000 5 5 --
440 Blake Avenue, Brooklyn, NY, 11212 $930,000 5 2 --
615 Chester Street, Brooklyn, NY, 11212 $700,000 6 2 2,200 2,200 SqFt
569 Chester Street, Brooklyn, NY, 11212 $889,999 -- 3 --
580 Chester Street, Brooklyn, NY, 11212 $549,900 6 2 --
898 Thomas S Boyland St.., Brooklyn, NY, 11212 $979,000 6 5 --
106 Newport Street, Brooklyn, NY, 11212 $1,449,000 9 4.5 3,050 3,050 SqFt
2168 Strauss Street, Brooklyn, NY, 11212 $900,000 6 3 2,320 2,320 SqFt
249 Herzl Street, Brooklyn, NY, 11212 $1,200,000 -- -- --
2041 Strauss Street, Brooklyn, NY, 11212 $1,898,000 7 5 --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. 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 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/09/2026 @ 19:16

MLS: 994720 LISTED BY: Carl PSC, Keller Williams Rlty Landmark 718-475-2700 SOURCE: OneKey MLS

Selling? Save $59,501 when you sell a home like this

Tour with a ByOwner Agent