Buy with Yoreevo
$982,499
List Price: $999,999
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1034 Winthrop
House in Brownsville •  building info
studio
Buy with Yoreevo

$982,499

List Price

$999,999

Key Details
Day on market
1
Last price change
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Estimated payment
$5,862/mo
Taxes
$466/mo
Maintenance
N/A
Description
Mixed-use investment opportunity in Brownsville, Brooklyn 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, 1034 Winthrop Street checks all the boxes.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$999,000
Asking Price: $999,999
Term
30 Years
Down Payment
$99,000 (10%)
Min: 10% (99,000)
Rate
6.0 %
Mortgage Amount
$899,999
Mortgage Payment
$5,396
Taxes
$466
Estimated Yoreevo rebate
$17,500
Estimated closing cost
$28,000
Total monthly cost $5,862
Buy your dream home with us and get an estimated $17,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Keller Williams Rlty Landmark

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