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$899,999
1040 Broadway, Brooklyn, NY, 11221
Vacant mixed-use investment and potential development opportunity on the Broadway corridor in Brooklyn, surrounded by active neighborhood retail, residential uses, and convenient transit access. Property is being sold strictly as-is, including condition and any existing DOB/ECB violations. Public information indicates C4-4L zoning on an approximately 2,614 SF lot. Preliminary FAR-based estimate suggests approx. 10,456 buildable SF at 4.0 FAR, with possible upside to approx. 12,024 SF if an affordable housing / Inclusionary Housing bonus floor area were available and approved. All figures are preliminary estimates for marketing purposes only and have not been confirmed by an architect, zoning consultant, or expeditor. Buyer must independently verify all zoning, FAR, buildable SF, use, occupancy, violations, and development potential.
Offered By
Vanessa Villanueva, Keller Williams Realty NYC Grp
Property Details
Property Type
Residential Income
Status
Active
Property Sub Type
Duplex
MLS #
996620
Heating
Radiant, Other
Cooling
None
Utility Features
None
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1931
Basement
Bilco Door(s)
FOUNDATION
Concrete Perimeter
EXTERIOR FEATURES
None
Parking Features
None
CITY
Brooklyn
COUNTY
Kings (Brooklyn)
STATE
NY
SENIOR COMMUNITY
No
TAX AMOUNT
4869.08
LATEST UPDATE
2026-05-18T06:07:54.875Z
PRICE CHANGE(S)
$899,999 May 18, 2026
Property Details
Property Type
Residential Income
Status
Active
Property Sub Type
Duplex
MLS #
996620
New Properties On Market
13
117%
Increase In New Listings
Average Asking Price
$1,438,944
$160,111 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$1,382
$707 Decrease In List Price/Sq. Ft.
Average Days On Market
7
21 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.
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