# 1040 Broadway, Brooklyn, NY 11221

> **TL;DR:** residential multi family, $899,999, built 1931. Est. $3,900/mo. Listed 20 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $899,999 |
| Year Built | 1931 |
| Lot Size | 989 sqft (0.02 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 20 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,900 |
| **Total** | **$3,900** |

## Nearby Schools

- **Elementary:** Contact Agent
- **Middle:** Call Listing Agent
- **High:** Contact Agent

## Property Highlights

- Built in 1931
- 0.02 acre lot

## Description

### 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.

## Location

- **Address:** 1040 Broadway, Brooklyn, NY 11221
- **County:** Kings (Brooklyn)
- **Coordinates:** 40.695212, -73.932507
- **Google Maps:** https://www.google.com/maps?q=40.695212,-73.932507

## Listing Agent

- **Name:** Vanessa Villanueva
- **Brokerage:** Keller Williams Realty NYC Grp
- **Phone:** 9175575302
- **Email:** info@moravilla.com

## Primary Photo

![1040 Broadway - Primary Photo](http://lh.rdcpix.com/75e4bdb3adcd6ecb9a09dfaaff56b92dl-f1837949619r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.com/listing/1040-broadway-brooklyn-ny-11221-y996620)*

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**MLS#:** 996620 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1040-broadway-brooklyn-ny-11221-y996620)

---

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