1115 40th Street, Brooklyn, NY 11218
Local realty services provided by:Better Homes and Gardens Real Estate Safari Realty
1115 40th Street,Brooklyn, NY 11218
$2,600,000
- 11 Beds
- 4 Baths
- 3,576 sq. ft.
- Multi-family
- Active
Listed by:ping chen
Office:re/max edge
MLS#:492220
Source:BROOKLYN
Price summary
- Price:$2,600,000
- Price per sq. ft.:$727.07
About this home
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
Contact an agent
Home facts
- Year built:1920
- Listing ID #:492220
- Added:148 day(s) ago
- Updated:September 13, 2025 at 11:08 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:4
- Full bathrooms:3
- Living area:3,576 sq. ft.
Structure and exterior
- Roof:Flat
- Year built:1920
- Building area:3,576 sq. ft.
- Lot area:0.04 Acres
Finances and disclosures
- Price:$2,600,000
- Price per sq. ft.:$727.07
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