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1011 Banner Avenue, 
Brooklyn, NY 11235

$1,288,000


6

Beds


4

Baths


2,680

Sq Ft


Multi-Family

Active

Listed by

Delton Cheng

Century 21 Homefront Realty

718-252-6060

Last updated:

May 29, 2025, 06:41 PM

MLS#

492761

Source:

BROOKLYN

About This Home

1011 Banner Avenue

We proudly present this truly exceptional investment and development opportunity in the heart of Brighton Beach—a well-maintained, fully detached three-story, two-family brick home with a private driveway and detached garage, all situated on a generous 30x101 lot with R6 zoning and over 7,000 buildable square feet, with new construction and development sites rapidly emerging throughout the area. The expansive 18x60 structure offers three spacious residential levels: the first floor features two large bedrooms easily convertible to three, with a full living and dining area, kitchen, and bath; the second floor mirrors this layout with a full three-bedroom unit; and the third floor includes a bright one-bedroom apartment with both front and rear terraces, perfect for additional rental income or extended family living. The semi-finished basement has a separate entrance and full bath, ideal for flexible use. This property also boasts high ceilings, abundant natural light, 3 gas and 4 electric meters, a new roof, and move-in ready condition. The fully fenced yard, multi-car driveway, and detached garage accommodating up to five vehicles add to the value. Located minutes from restaurants, supermarkets, schools, and the B4 bus and B/Q subway lines, this property offers both immediate income potential and long-term development upside in one of South Brooklyn’s most vibrant neighborhoods. Delivered vacant at closing.

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1920

Price Summary

1,288,000

$480 per Sq. Ft.

MLS #:

492761

Last Updated:

May 29, 2025, 06:41 PM

Added:

23 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,680 Sq. Ft.


Structure

Structure

Building Area:

2,680 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

3,028


Finances & Disclosures

Finances

Price:

$1,288,000

Price per Sq. Ft:

$480 per Sq. Ft.

Source:BROOKLYN
The information being provided by BROOKLYN Multiple Listing Service is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 BROOKLYN Multiple Listing Service All rights reserved.

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