Property

Ownership: For Sale
Type: Unknown
Bedrooms: 7 BR
Bathrooms: 5
Pets: Pets No
Lot Size: 0.05 Acres

Financials

Price:$2,125,000
Annual Taxes:$2,100.32
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of One Stop Multi Service Inc

Description

Welcome to 2041 Strauss Street, a brand-new modern 4-family building in East New York, Brooklyn. Built in 2025 with contemporary finishes and high-yield rental potential, this fully vacant, move-in-ready property is ideal for both investors and owner-occupants. Investment & Financing Opportunity This property is FHA-approved with only 5% down, making it an accessible purchase option for qualified buyers looking to own a multi-unit property with favorable financing terms. Features & Unit Highlights Spacious 4,200sq ft. layout, featuring 7 bedrooms and 5 full baths across four separate units Designer finishes throughout: hardwood flooring, contemporary kitchens with stainless-steel appliances, and sleek tile bathrooms with glass showers. Private outdoor amenities: First-floor unit includes exclusive backyard access, while the top duplex enjoys rooftop access Modern conveniences: Split-unit heating/cooling and separate utilities (gas, electric, hot water) in each unit Pro Forma Financial Data Annual Net Operating Income (NOI): $147,648 Projected Pro Forma Cap Rate: ~6.95% Projected Gross Monthly Rent: $12,304 (First-floor 2Bed/1Bath: $3,027; Second-floor 2Bed/1Bath: $3,027; Third-floor 1Bed/1Bath: $2,650; Fourth-floor duplex 2Bed/2Bath: $3,600). Located in East New York, with convenient access to the L, 3, A, and C subway lines, as well as nearby major retail hubs like the Gateway Center Mall and Shirley Chisholm State Park A family-friendly neighborhood with proximity to local schools, parks, and community resources Summary 2041 Strauss Street combines modern design, strong rental income upside, and financing flexibility through FHA approval with a 5% down payment. With turnkey units, separate utilities, and solid pro forma income, this property is a rare opportunity in East New York-perfect for both investment and owner-use.

Amenities

  • Back Yard
  • Balcony
  • Double Pane Windows
  • Electricity Available
  • Fire Sprinkler System
  • Garden
  • Other
  • Park
  • Park/Greenbelt
  • Security System
  • Sidewalks
  • Smoke Detectors
  • Video Cameras

Welcome to 2041 Strauss Street, a brand new modern 4 family building in East New York, Brooklyn.


Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.