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Mixed-Use Land for Sale in Brooklyn, New York

1040 Broadway, Brooklyn, NY 11221

$899,999
0.023 acres
Active sale
ago
Est $6,473/mo

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.

Location

Street address
1040 Broadway
School district
Contact Agent
Elevation
61 feet
Coordinates
40.6952, -73.9325

Directions

Take the J/M/Z train to Myrtle Av Station in Brooklyn. From the station, exit onto Broadway and Myrtle Avenue, then walk southeast on Broadway for about 4 minutes. 1040 Broadway will be on/near Broadway by Willoughby Avenue.

Property details

Lot size
0.023 acres1,002 sq ft
MLS #
MLSLI 996620
Posted

Property taxes

2025
$4,869

Parcels

  • 01593-0036

Details and features

Listing

Type
Residential Multi Family
Unit Count
3
Conditions
Probate Listing
Franchise
Keller Williams Realty

Structure

Water
Public
Sewer
Public Sewer
Heating
Radiant
Materials
Frame

Nearby schools

NameTypeDistrict
Contact AgentElementaryContact Agent
Call Listing AgentMiddleContact Agent
Contact AgentHighContact Agent

Listing history

DateEventPriceChangeSource
May 18, 2026New listing$899,999MLSLI
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This 0.023-acre property is located at 1040 Broadway in Brooklyn, NY 11221. The property is available for sale for $899,999.

Listed by Keller Williams Realty NYC GRP, (718) 697-6800

Checked 2 hours agoUpdated Source

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