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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1040 Broadway in Brooklyn, NY is listed for $899,999. Built in 1931, on a 0.02 acres lot.

Agent 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.

Key Features

  • Built in 1931
  • 0.02 acre lot

Property Details

1931

Monthly Cost Estimate

$4,813/mo

20% down · 6.5% · 30 years

Principal$651
Interest$3,900
Insurance$262

Estimates only. Actual payments may vary.

Location

1040 Broadway

Brooklyn, NY 11221

Property Details

Construction

Frame

Heating

Radiant

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1040 Broadway is listed at $899,999. The estimated monthly payment is $3,900 based on 20% down at 6.5% interest.

Key features include: Built in 1931, 0.02 acre lot.

This property is listed by Vanessa Villanueva and can be reached at 9175575302 or info@moravilla.com.

VV

Vanessa Villanueva

Agent at Keller Williams Realty NYC Grp

(917) 557-5302

Listed by Keller Williams Realty NYC Grp · View on Broker Site

MLS# 996620· Source: listhub· Updated 20 days ago

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.

1040 Broadway, Brooklyn, NY 11221

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