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Investment Highlights

  • Excellent transit access, just 0.25 miles from the 2 and 5 subway lines.
  • Located in a mature residential district with consistent rental demand.
  • Convenient connection to major Brooklyn corridors and Midtown Manhattan.
  • Highly walkable neighborhood with essential retail and services nearby.

Executive Summary

PRIME DEVELOPMENT OPPORTUNITY IN ONE OF BROOKLYN'S MOST ACTIVE GROWTH CORRIDORS.

Property Facts

Price $1,495,000
Price Per Unit $67,955
Sale Type Investment
Sale Conditions
Redevelopment Project
  • Building in Shell Condition
No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.10 AC
Building Size 9,251 SF
No. Stories 4
Year Built 1915
Zoning R6 - Medium density residential district

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 10 - -
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
07580-0024
Land Assessment
$51,750
Improvements Assessment
$861,750
Total Assessment
$913,500
  • Listing ID: 40580459

  • Date on Market: 5/19/2026

  • Last Updated:

  • Address: 1055 E 34th St, Brooklyn, NY 11210

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