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1034 Winthrop Street
Brooklyn NY 11212 US

$999,999

Active Listing ID 994720
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6 bed
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3.00 Bath (3 Full)
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Lot: 0.05 Acres
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Other

$999,999

Active Listing ID 994720
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1034 Winthrop Street 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 Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Cooling System: Varies by Unit, Wall/Window Unit(s), Window Unit(s), Central Air
  • Heating Fuels: Natural Gas, Steam
  • Additional Features
  • Basement

School Information

  • School
  • Ps 184 Newport(Elementary)
  • Brooklyn Collegiate(MiddleSchool)
  • Brooklyn Democracy Academy(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 999999
  • unparsedaddress: 1034 Winthrop Street
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11212
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0459
  • lotsizeunits: Acres
  • lotsizearea: 0.0459
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.660376
  • longitude: -73.925098
  • listagentfullname: Carl Franklyn PSC
  • listagentemail: cfranklynhomes@kw.com
  • listagentkey: 3yd-MLSLINY-216825
  • listagentmlsid: 216825
  • listagentpreferredphone: 9294794791
  • listofficekey: 3yd-MLSLINY-KEWL01
  • listofficemlsid: KEWL01
  • disclaimer: 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.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1930
  • listingcontractdate: 2026-05-01
  • listagentfax: 7184752986
  • listagenturl: http://www.kwnyhomes.com
  • countyorparish: Kings (Brooklyn)
  • parcelnumber: 04628-0007
  • elementaryschool: Ps 184 Newport
  • highschool: Brooklyn Democracy Academy
  • elementaryschooldistrict: Brooklyn 23
  • middleorjuniorschooldistrict: Brooklyn 23
  • highschooldistrict: Brooklyn 23
  • cooling: Varies by Unit, Wall/Window Unit(s), Window Unit(s), Central Air
  • constructionmaterials: Brick
  • heating: Natural Gas, Steam
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Entrance Foyer
  • rooms: Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 5, Basement, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 6
  • utilities: Cable Available
  • basement: Finished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.925095, 40.660378
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty Landmark", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"cfranklynhomes@kw.com", "ListBrokerageCity":"Flushing", "ListBrokerageCountry":"US", "ListBrokerageEmail":"cardenas@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/c5ababc31ebe8562011ecbbfd85201e9/20090128102131265.pjpeg", "ListBrokerageName":"Keller Williams Realty Landmark", "ListBrokeragePhone":"(718) 475-2777", "ListBrokeragePostalCode":"11358", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"32-55 Francis Lewis Blvd.", "ListBrokerageWebsiteUrl":"http://www.kwnyhomes.com", "ListOfficeAddress1":"3255 Francis Lewis Blvd ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"KEWL01", "ListOfficeCity":"Bayside", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw751@kw.com", "ListOfficePostalCode":"11361", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Brooklyn, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1034-Winthrop-St_Brooklyn_NY_11212_M38791-91417?f=listhub&s=MLSLINY&m=994720&c=rexren", "MLSModificationTimestamp":"2026-05-08 20:21:36", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5553, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/8/2026 8:45:14 PM GMT
Source Updated Date: 5/10/2026 12:36:50 PM GMT

Courtesy of: Carl Franklyn PSC, Keller Williams Rlty Landmark, cfranklynhomes@kw.com

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.