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Image 1 - 1040 Broadway, Brooklyn, New York, 11221 - House for sale
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Broadway, Brooklyn, Home For Sale
1040 Broadway, Brooklyn, New York, 11221

Broadway, Brooklyn, Home For Sale

house for sale
Listed: 08/27/24

1040 Broadway, Brooklyn, New York, 11221

Studio Bed:
2,700 Sq Ft Living Area:
Save
Price
$ 999,999

About This House

This three-story mixed-use building features a storefront on the ground floor that once housed a bustling barbershop. Above the storefront, there are two spacious residential units. Given the flexibility of theC-4-4Lzoning, designed for higher-density commercial and mixed-use development this property presents a fantastic opportunity for investors or developers with3, 946of buildable sqft. Whether you envision restoring the storefront to its former glory, converting the building into modern apartments, or exploring other commercial ventures, don't miss out on this chance to invest in a property with historical charm and potential.

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New York Housing & Living

Average sale prices for houses

1 bed
2 bed
3 bed
4+ bed
Show as List Show as Graph
In August 2024, the asking price for 1 bed houses for sale in/near New York, United States averaged $871,299, staying on the same level compared to the previous month.
Median price trends for properties for sale in New York, United States as of August 2024.

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.