11221

Bedford-Stuyvesant

1040 Broadway

Sold on Aug 20, 2026

Map

$999,000

● Multifamily - Off Market

1040 Broadway

New York, NY 11221

Studio

0 Bath

$4,825

Est. Monthly

About This Property

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.

Unit Size

Days on Market

94 days

Land Size

0.02 acres

Price per sqft

Property Type

Multifamily

Property Taxes

$406

HOA Dues

Year Built

1931

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Last updated: 3 months ago (OneKey MLS #KEY996620)

Price History

Date / Event	Date	Event
Aug 20, 2026	Sold	Premium
Sold
Jul 2, 2026	In contract	-
In contract
May 12, 2026	Listed by Keller Williams Realty NYC Grp	$899,999
Listed by Keller Williams Realty NYC Grp

Property Highlights

Garage

Parking Details

Parking Features: None

Interior Details

Interior Features: Other

Basement: Bilco Door(s)

Exterior Details

Has Property Attached

Property Condition: Fixer

Year Built: 1931

Building Area Total: 2973

Building Area Units: Square Feet

Construction Materials: Frame

Lot Size Area: 987

Lot Size Units: Square Feet

Lot Size Acres: 0.0227

Lot Size Square Feet: 987

Tax Lot: 36

Water Source: Public

Financial Details

Tax Annual Amount: $4,869

Utilities Details

Cooling Type: None

Heating Type: Radiant, Other

Sewer : Public Sewer

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Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20260512 05/12/2026		Studio	-	-	$899,999 Studio -	$999,000 +11.00% 08/20/2026	Vanessa Villanueva EXIT REALTY SEARCH
20240308 03/08/2024		Loft	-	-	$899,000 Loft -	- -	Rafael Normatov Dom Realty of NY Inc