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1115 40th Street Brooklyn, NY $ 2,600,000
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$ 2,600,000 Get more info
1115 40th Street
$ 2,600,000
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1115 40th Street

Brooklyn, NY, 11218
$ 2,600,000
Bedrooms11 Baths3.0 Sq 3,576

Monthly Estimate*

$ 16,221

1115 40th Street, Brooklyn, NY 11218 - Image 1

Multi-Family Home for sale in Brooklyn, NY

for $2,600,000 with 11 bedrooms and 3 full baths. This 3,576 square foot home was built in 1920 on a lot size of 0.043687.

ALL-CASH BUYERS ONLY – PRIME INVESTMENT OPPORTUNITY IN BOROUGH PARK. EXTERNAL VIEWINGS ONLY! INVESTOR ALERT: Rare opportunity to acquire a 3-FAMILY BRICK HOME IN the heart of Borough Park, one of Brooklyn’s most in-demand neighborhoods for rental and long-term appreciation. This solid brick building spans 20' x 62' and sits on a 20' x 95.17' lot, offering three full floors above ground plus a full basement. Ideal for maximizing rental income or exploring future value-add opportunities. Whether you're seeking stable multi-family rental income or a long-term hold in a high-growth area, under R6 zoning, this property offers exceptional potential with flexible configurations. Adding to its appeal, the property benefits from low annual property taxes of only $9,920.20, enhancing long-term investment returns. Serious, all-cash inquiries only. MLS Approve- No financial provide due to property being vacant

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Multi-Family Active

Price

$ 2,600,000

Bedrooms

11

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,920

Style

Multi-Family

Lot Size

0.043687

Year Built

1920

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

492220
Features
Interior
Heating Fuel Other
Flooring Other
Hot Water Other
Full Baths 3
Half Baths 0
Three Quarter Bath 1
Beds Total 11
Total Baths 4.00
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General
Roof Flat
Zoning R6
Electric Other
Stories Count 3
Property Type Residential
Block 5585
Yearly Taxes 9920.20
Transaction Type Sale
Financing Cash
Building Type Attached
Status Active
Total Rooms 17
Construction Materials Brick
Cumulative Days on Market 236
MLS Area Boro-Park
Sub Type Multi-Family
Year Built 1920
City Brooklyn
DOM 236
# Families 3
Public Remarks ALL-CASH BUYERS ONLY – PRIME INVESTMENT OPPORTUNITY IN BOROUGH PARK. EXTERNAL VIEWINGS ONLY! INVESTOR ALERT: Rare opportunity to acquire a 3-FAMILY BRICK HOME IN the heart of Borough Park one of Bro
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Exterior
Exterior Brick
Lot Dimensions 20x95.17
Foundation Poured Concrete
Parking Attrib None
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Re/Max Edge

Broker

(917) 536-3632

Phone

Affordability Calculator

$17,047
Per Month
95%
5%
0%
Monthly Principal & Interest
$16,221
Monthly Property Taxes
$827
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2025$2,600,000 Listed Price

Map

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1115 40th Street, Brooklyn, NY, 11218 is a Multi-Family Home for sale at $2,600,000 with 3,576 sqft and a lot size of 0.043687. 1115 40th Street has 11 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 11218 which is in Brooklyn, NY

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