1040 Broadway Brooklyn, NY 11221
Bed-Stuy NeighborhoodEstimated payment $5,310/month
About This Home
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.
Listing Agent
Keller Williams Realty NYC Grp Brokerage Phone: 718-697-6800 License #10401253505 Listed on: 05/18/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,869
Year Built
- Built in 1931
Lot Details
- 987 Sq Ft Lot
Home Design
- Duplex
- Frame Construction
Schools
- Contact Agent Elementary School
- Contact Agent High School
Utilities
- No Cooling
- Radiant Heating System
Community Details
- 3 Units
Listing and Financial Details
- Legal Lot and Block 36 / 1593
- Assessor Parcel Number 01593-0036
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,989 | $70,860 | $9,420 | $61,440 |
| 2025 | $4,708 | $67,320 | $9,420 | $57,900 |
| 2024 | $4,708 | $77,520 | $9,420 | $68,100 |
| 2023 | $4,518 | $75,720 | $9,420 | $66,300 |
| 2022 | $4,261 | $67,020 | $9,420 | $57,600 |
| 2021 | $4,228 | $61,140 | $9,420 | $51,720 |
| 2019 | $4,038 | $45,780 | $9,420 | $36,360 |
| 2018 | $3,719 | $19,704 | $4,864 | $14,840 |
| 2017 | $3,571 | $18,987 | $5,027 | $13,960 |
| 2016 | $3,271 | $17,914 | $5,693 | $12,221 |
| 2015 | $1,941 | $17,251 | $6,574 | $10,677 |
| 2014 | $1,941 | $17,251 | $7,896 | $9,355 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2026 07/01/26 | Pending | -- | -- | -- |
| 05/18/2026 05/18/26 | For Sale | $899,999 | -- | $303 / Sq Ft |
Source: OneKey® MLS
MLS Number: 996620
APN: 01593-0036
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