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1034 Winthrop St, Brooklyn, NY 11212

Beds
6
Baths
3
Sqft
3,280

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Rlty Landmark
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Overview

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. 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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
3
Square feet
3,280
Lot size (acres)
0.05
Year built
1930

Interior features

Basement
Yes, Finished

Exterior features

Horse amenities
Stable

Utilities

Heating
Natural Gas, Other, Steam
Cooling
Central Air, Wall/window unit(s)
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$5,552.68

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Onekey MLS MLS®#: 994720 Last checked:

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