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

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Listing ID #:492220
  • Added:198 day(s) ago
  • Updated:November 15, 2025 at 12:20 PM

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
Copyright 2025 OneKey MLS. All rights reserved. Listings courtesy of One Key MLS as distributed by MLS GRID<lastMLSCheckTimestamp>. One Key MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. One Key MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of One Key MLS.

New listings near 1115 40th Street