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464 40th Street Brooklyn, NY $ 1,500,000
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$ 1,500,000 Get more info
464 40th Street
$ 1,500,000
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464 40th Street

Brooklyn, NY, 11232
$ 1,500,000
Bedrooms-- Baths-- Sq 4,890

Monthly Estimate*

$ 9,358

​

Commercial Property for sale in Brooklyn, NY

for $1,500,000. This 4,890 square foot building was built in 1914 on a lot size of 0.069.

Prime 6-Family Investment Opportunity – East Flatbush, Brooklyn Calling all investors! Don’t miss this solid 6-family property located in the heart of East Flatbush, one of Brooklyn’s most in-demand residential neighborhoods. This well-situated building offers strong upside potential and long-term income stability. Conveniently located close to major shopping corridors, supermarkets, schools, and public transportation, providing easy access throughout Brooklyn and into Manhattan. Tenants enjoy neighborhood conveniences while investors benefit from consistent rental demand. The property features six residential units and presents an excellent opportunity for value-add investors or end users looking to reposition and increase rents. Ideal for buy-and-hold or portfolio expansion. Highlights: 6 residential units Prime East Flatbush location Close to shopping, dining, and essential services Easy access to buses and subway lines Strong rental market Excellent upside potential Bring all offers — priced to sell and close to all. Serious inquiries only. A rare opportunity in a high-demand Brooklyn neighborhood.

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 16,528

Style

Multi Family

Lot Size

0.069

Year Built

1914

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

945628
Features
General
Sewer Public Sewer
Heating See Remarks
Cooling None
Utilities See Remarks
Zoning R6B
Construction Materials Brick
Year Built 1914
Property Subtype Multi Family
Tax Year 2024
Parcel Number 00714-0033
County Kings (Brooklyn)
Property Type Commercial Sale
City New York
Number Of Units Total 6
Property Attached Y/N N
Tax Annual Amount 16528.8
Showing Instructions Please allow 24 hour notice
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 519300
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Interior
Basement None
Basement Features None
Basement (Y/N) Y
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Exterior
Parking Features Driveway Driveway
Water Source Public
Building Area Total 4890
Waterfront Y/N N
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Internal Only
Street Number 1 464
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* Excluded Features
List By
Ericka Moorer

Listing Agent

Bridge Property Management Llc

Broker

516-834-9680

Contact

Affordability Calculator

$10,735
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$1,377
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
4101131 Elementary School
4101327 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
12/22/2025$1,500,000 Listed Price

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464 40th Street, Brooklyn, NY, 11232 is a Commercial Property for sale at $1,500,000 with 4,890 sqft and a lot size of 0.069. 464 40th Street was built in 1914. The property's zip code is 11232 which is in Brooklyn, NY

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