1034 Winthrop Street, Brooklyn, NY 11212
Local realty services provided by:CENTURY 21 ICON
1034 Winthrop Street,Brooklyn, NY 11212
$999,999
- 6 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: carl franklyn psc
Office: keller williams rlty landmark
MLS#:994720
Source:OneKey MLS
Price summary
- Price:$999,999
About this home
Investment opportunity in Brownsville, Brooklyn 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, 1034 Winthrop Street checks all the boxes....
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Home facts
- Year built:1930
- Listing ID #:994720
- Added:1 day(s) ago
- Updated:May 04, 2026 at 10:38 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Basement:Yes
- Basement Description:Finished, Full
Heating and cooling
- Cooling:Central Air
- Heating:Natural Gas, Steam
- Central air:Yes
Structure and exterior
- Year built:1930
- Construction Materials:Brick
Schools
- High school:Brooklyn Democracy Academy
- Middle school:Brooklyn Collegiate
- Elementary school:Ps 184 Newport
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$999,999
- Tax amount:$5,553 (2025)
Features and amenities
- Amenities:Entrance Foyer
Parking
- Parking description:On Street
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