Modern 4-Family in Brooklyn | Backyard, Rooftop, High Returns Welcome to 2041 Strauss, 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. Features & Unit Highlights Spacious 4, 200 sq. ft. layout with 7 bedrooms and 5 full baths across four separate units Designer finishes throughout contemporary kitchens with stainless-steel appliances, and sleek tile bathrooms with glass showers Laundry in each unit for maximum convenience Hurricane-impact windows by Andersen for safety, durability, and energy efficiency All-new video intercom system for secure, modern access control Private outdoor amenities: First-floor unit includes exclusive backyard access, while the top duplex enjoys private rooftop access with expansive views Modern conveniences: Split-unit heating/cooling and separate utilities (electric, hot water) in each unit Pro Forma Financial Data Annual Net Operating Income (NOI): $147, 648 Projected 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 w/ rooftop: $3, 600 Location & Neighborhood Conveniently located in East New York with easy access to the L, 3, A, and C subway lines, major retail hubs like the Gateway Center Mall, and outdoor escapes such as Shirley Chisholm State Park. A family-friendly neighborhood with schools, parks, and community resources nearby. 2041 Strauss Street offers modern design, premium finishes, and outdoor spaces including both a backyard and rooftop access. With separate utilities, laundry in every unit, and strong pro forma income, this turnkey property delivers excellent returns for investors and is equally ideal for owner-occupants.
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Our Executive Mortgage Banker:
$1,898,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,518,400 | $1,518,400 | $1,518,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.223% | 6.058% |
| Monthly Tax Payment | $175 | $175 | $175 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,503 | $9,226 | $12,711 |
| Total Monthly Payment | $8,803 | $9,526 | $13,011 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.