41 Summit St, Brooklyn, NY, 11231
About This Home
41 Summit Street is a brand-new, stand-alone, three-family Brooklyn trophy investment property, perfectly positioned where Carroll Gardens meets Red Hook and the Columbia Heights Waterfront. Built to the highest standards of design and construction, this rare, boutique multifamily seamlessly combines luxury living with serious income performance. 100% turnkey and ready to go, this property delivers immediate results with an above 5% cap rate and zero deferred maintenance. Every system is new, every finish refined, and every detail executed with long-term value in mind-making it ideal for private investors, a 1031 exchange, or as a core Brooklyn hold. The building comprises three highly desirable rental residences in a boutique, keyed-elevator setting, each offering dual north-south exposure, exceptional natural light, multiple private outdoor spaces, and striking skyline views. With a garage and parking for up to four cars, this rare amenity package drives top-tier rents, minimal vacancy, and maximum ROI. Unit Breakdown Unit 1 - A spacious 3-bedroom, 3.5-bath duplex with a flexible recreation room, offering two levels of livable space and a massive private rear yard, and an additional balcony-ideal for premium living and strong rental demand. Unit 2 - A 2-bedroom, 2-bath floor-through residence complete with a private balcony, dual exposure, and excellent natural light-an exceptionally efficient and high-performing rental layout. Unit 3 (Penthouse) - A dramatic 3-bedroom, 3-bath duplex penthouse offering sweeping Manhattan skyline views, a 350-square-foot south-facing terrace, plus a full private roof deck exceeding 600 square feet-a true crown jewel designed to command top-of-market rents. Additional Property Highlights -Stand-alone, three-unit building -Prime Carroll Gardens location -Multiple private outdoor spaces in each unit -Garage + parking for up to four vehicles -Dual exposure (South & North) in all units -Exceptional natural light throughout -Keyed elevator -Refined finishes and high-end appliances -High ceilings and open layouts -All-new mechanicals and HVAC -Fully turnkey, ready to perform In a market defined by limited supply and rising demand, 41 Summit Street stands alone-a best-in-class Brooklyn investment offering luxury, income, and long-term appreciation in one exceptional asset. Contact us directly for more information as we look forward to showing you this incredible piece of Brooklyn real estate. Some images are renderings and are solely intended for marketing purposes only and may not reflect the final product.
Getting Around
Walker's Paradise
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 2025
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Washer/Dryer
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 9
- Full bathrooms: 8
- 1/2 bathrooms: 1
Cooling
- Cooling features: Central Air
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 5,100
- Total interior livable area: 5,100 sqft
Property
Accessibility
- Accessibility features: Wheelchair Access
Details
- Special condition: Resale
Features
- Patio & porch: Other,Deck,Terrace
- Exterior features: Courtyard,Balcony,Garden,Private Roof Deck,Terrace
- Has view: Yes
- View description: City,Garden,Skyline,Water
- Has water view: Yes
- Water view: Water
Parking
- Parking features: Garage
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $37,924 | $455,088 |
| Home Insurance * | $1,229 | $14,748 |
| Property Taxes | $3,500 | $42,000 |
| Electricity | $842 | $10,113 |
| Total | $43,495 | $521,940 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-11 | Listed for sale | $7,500,000 |
| 2014-09-18 | Listing removed | $2,100,000 |
| 2014-07-02 | Listed for sale | $2,100,000 |
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