Updated 2 days ago
In contract

1034 Winthrop Street

Remsen Village, Brooklyn | Park Ave & Myrtle Ave

8 Rooms6 Beds3 Baths3,280 Square FeetMixed Use

$999,999
floors / apts2 / 3
Lot Size20'x100'
Built Size20'x82'
ZoneR6
Building TypeLow-Rise
RE Taxes$5,553
Price Per SF
$305

Property Description for 1034 Winthrop Street

Investment opportunity in Brooklyn with POTENTIAL TO BE DELIVERED VACANT. Featuring 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.

Listing History for 1034 Winthrop Street

Now
06/16/2026
Contract Signed by Carl W. Franklyn
Keller Williams Realty Landmark
05/04/2026
$999,999
Initial Price by Carl W. Franklyn
Keller Williams Realty Landmark

Building Details for 1034 Winthrop Street

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts2/3
Learn More About the Building

Contact Agent

Contact Agent

Carl W. Franklyn
Keller Williams Realty Landmark
View this property on the company's website
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 106044TH