#493537, Listing office: Re Max Team
$1,288,000 List price
1011 Banner Ave Brooklyn, NY 11235
6 beds
4 full
2,680 sqft
$481 / sqft
Multi-Family
Property details
About 1011 Banner Ave
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.
Highlights
Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
Size2,680 sqft
BasementYes
Year built1920
Parking2 Spaces,Detached Garage, Private Drive
MLS #492761
FireplaceStove
Summary
- Full Bathrooms: 4
- Appliances: Dryer, Refrigerator, Stove, Washer
- Basement: Yes
- Flooring Type: Hardwood, Tile
- Fireplace: Stove
- Total Bedroom Count: 6
- Attached Garage: No
- Parking: 2 Spaces,Detached Garage, Private Drive
- Exterior: Terrace
- Heating: Steam, Natural Gas
- List Price: $1,288,000
- Price/SqFt: $480
- Annual Tax Amount: $9,153
- Tax Year: 2024
- Year Built: 1920
- Stories: 3
- Living Area: 2,680 SqFt
- MLS Number: 492761
- Office Name: Century 21 Homefront Realty
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Last updated on: 7/24/2025, 12:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 10, 2019 | Home Sold | $135,000 |
| Jul 26, 2011 | Home Sold | $510,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $80,760 | $9,153 |
| 2023 | $81,240 | $8,635 |
| 2021 | $77,520 | $17,192 |
| 2019 | $75,420 | $8,513 |
| 2018 | $35,830 | $7,189 |
| 2017 | $34,038 | $6,494 |
History based on county public records data.
Nearby schools
8
P.S. 253 Brooklyn
Public Magnet KG-5
0.3 mi
•601 Ocean View Ave
8
P.S. 254 Dag Hammarskjold School
Public District KG-5
0.6 mi
•1801 Avenue Y
6
P.S. 216 Arturo Toscanini School
Public District PK-5
0.7 mi
•350 Avenue X
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,926. The majority of Brooklyn, NY residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
25%
<35k
39%
35k-100k
29%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
12%
Single, with Kids
24%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Major League Soccer (MLS)
Music Concerts
Where do the neighbors shop?
Bloomingdales
Banana Republic
H&M
Where do the neighbors go to eat?
Starbucks
Jack In The Box
Chipotle
What do the neighbors drive?
Audi
Toyota
Volkswagen
What do the neighbors listen to?
News
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1011 Banner Ave
The listing price of 1011 Banner Ave property is $1,288,000.
The property 1011 Banner Ave is a multi located in Brooklyn, New York, 11235.
Active Listing: 1011 Banner Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1011 Banner Ave are: P.S. 253 Brooklyn (GreatSchools Rating 8/10), P.S. 254 Dag Hammarskjold School (GreatSchools Rating 8/10), P.S. 216 Arturo Toscanini School (GreatSchools Rating 6/10), P.S. 209 Margaret Mead School (GreatSchools Rating 6/10), Intermediate School 98 Bay Academy (GreatSchools Rating 9/10), P.S. K225 Eileen E. Zaglin School (GreatSchools Rating 6/10), William E Grady Career and Technical Education High School (GreatSchools Rating 3/10), Abraham Lincoln High School (GreatSchools Rating 4/10), Rachel Carson High School for Coastal Studies (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $9,153 (source: MLS/based on county public records data).
The last sale was on September 10, 2019 for $135,000 (source: MLS/tax record).
The property 1011 Banner Ave is 2,680 SqFt (source: MLS/tax record).
The year of construction for 1011 Banner Ave is 1920.
This home is located at 1011 Banner Ave in Brooklyn, NY and zip code 11235 in the Southern Brooklyn neighborhood. This 2,680 square foot home was built in 1920. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $1,288,000.
In June 2025 more than 44 listings in Brooklyn, NY were sold above the asking price. During the same period more than 293 listings were sold at asking price, while more than 155 were sold below. In June 2025 in Brooklyn, NY there were 5% less homes for sale than in May. In June 2025, listings were on the market for 92 days. During the same period, the median list price in this real estate market was $1,019,077.
From Rocket Homes Real Estate and based on county public records data.