Ad #7876145
MLS #994720
Investment opportunity in Brooklyn POTENTIAL TO BE DELIVERED
1034 Winthrop St, Brooklyn, NY 11212
$999,999
6Beds
3Baths
--Sqft
0.05Acres
About this property
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.
Property Features
6 Beds
3 Baths
0 Sqft
Built in 1930
0.05 Acres
On Street
Siding: Brick
Natural Gas, Steam
$5,553 / yr property tax
Kings County
Additional Photos
Contact Information
Carl Franklyn PSC
Keller Williams Realty Landmark
929-479-4791
Location
Listing Agent: Carl Franklyn PSC 929-479-4791
Broker: Keller Williams Realty Landmark 718-475-2777 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Realty Landmark 718-475-2777 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$999,999
6
Beds
3
Baths
--
Sqft
1034 Winthrop St, Brooklyn, NY 11212
By contacting this agent you agree to these Terms and Conditions.
MLS# 994720
Investment opportunity in Brooklyn POTENTIAL TO BE DELIVERED
$999,999
1034 Winthrop St, Brooklyn, NY 11212
6
Beds
3
Baths
--
Sqft
0.05
Acres
$999,999
1034 Winthrop St, Brooklyn, NY 11212
6 Beds
3 Baths
-- Sqft
0.05 Acres
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.
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Property Details
HOME DETAILS
6 Beds
3 Baths
0 Sqft
Built in 1930
0.05 Acres
EXTERIOR
On Street
Siding: Brick
INTERIOR
Natural Gas, Steam
FINANCIAL & COMMUNITY
$5,553 / yr property tax
Kings County
See More Details
Location
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Ad Statistics
Ad Number
7876145
Viewed
38 times
Listing Status
Pending
Added
Jul 06, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
994720
Listing Agent: Carl Franklyn PSC 929-479-4791
Broker: Keller Williams Realty Landmark 718-475-2777 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Realty Landmark 718-475-2777 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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