1040 Broadway, Brooklyn, NY 11221
- $999,000
- Sold Price
- $999,000
- Days on Market
- 50
- Closing Date
- Aug 20, 2026
- MLS#
- 996620
- Status
- CLOSED
- Property Type
- Duplex
- Year Built
- 1931
- Property Tax
- $4,869
- Neighborhood
- Brooklyn
- School District
- Contact Agent
- High School
- Contact Agent
- Jr. High
- Call Listing Agent
- Elementary School
- Contact Agent
Property Description
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.
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Additional Information
- Acres
- 0.02
- Parking
- None
- Basement
- Bilco Door(s)
- Heating
- Radiant, Other
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Vanessa Villanueva (info@moravilla.com) from Listing Office: Keller Williams Realty NYC Grp.
Selling Office: Buyer Representation Office.Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.