Welcome to this beautiful new listing in the heart of Borough Park! This solid-brick 2-family home offers a fantastic opportunity for both homeowners and investors. The property features a 2-bedroom apartment over a 3-bedroom apartment, plus a finished basement for additional space. Property Highlights: 2 Bedrooms over 3 Bedrooms Finished Basement, Solid Brick Construction 2 Parking Spaces, R6 Zoning — potential to build up 2 additional floors. Fully Vacant Great opportunity in a highly desirable area! Perfect for an owner-occupant, investor, or buyer looking to customize and add value. Call today for a showing — this one won't last!
For sale
$2,250,000
1471 40th St, Brooklyn, NY 11218
--beds
--sqft
Multi Family
Built in ----
-- sqft lot
$2,216,700 Zestimate®
$--/sqft
$-- HOA
What's special
Finished basement
- 12 days
- 580
- 12
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ostpro Realty LLC 718-500-3445,
Avrum D. Ostreicher 631-829-2430
Source: BNYMLS,MLS#: 504328
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Other, None
Cooling
- A/C Unit
Appliances
- Included: Electric Water Heater, Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Finished
Property
Parking
- Total spaces: 2
- Parking features: Off Site, 2 Spaces
Accessibility
- Accessibility features: Handicap Access
Features
- Stories: 2
Lot
- Size: 1,808 Square Feet
- Dimensions: 19x95
- Features: Back Yard, Front Yard
Details
- Parcel number: 053460049
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Other
- Roof: Flat
Utilities & green energy
- Electric: Other
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $968,000
- Annual tax amount: $9,414
- Date on market: 9/7/2026
- Cumulative days on market: 12 days
Estimated market value
$2,216,700
$2.11M - $2.33M
$4,346/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/7/2026 | Listed for sale | $2,250,000 |
Source:  BNYMLS #504328 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,414 +4.7% | $58,080 +6.7% |
| 2024 | $8,989 | $54,420 -18.5% |
| 2023 | -- | $66,780 +18.4% |
| 2022 | -- | $56,400 +0.6% |
| 2021 | -- | $56,040 -17.6% |
| 2020 | $3,525 +7.2% | $67,980 +2% |
| 2019 | $3,288 -56.9% | $66,660 +83% |
| 2018 | $7,621 +2.6% | $36,432 |
| 2017 | $7,427 +165.9% | $36,432 +4.3% |
| 2016 | $2,793 | $34,920 +6% |
| 2015 | $2,793 +66.5% | $32,944 +6% |
| 2014 | $1,678 | $31,080 +2.4% |
| 2013 | -- | $30,360 -2.1% |
| 2012 | -- | $31,004 +6% |
| 2011 | -- | $29,250 +6% |
| 2010 | -- | $27,595 +6% |
| 2009 | -- | $26,035 +0.4% |
| 2008 | -- | $25,920 +0.3% |
| 2007 | -- | $25,837 +6% |
| 2006 | -- | $24,375 +6% |
| 2005 | -- | $22,996 +6% |
| 2004 | -- | $21,696 +0.4% |
| 2003 | -- | $21,600 +0.3% |
| 2002 | -- | $21,531 +6% |
| 2001 | -- | $20,313 +6% |
| 2000 | -- | $19,164 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Borough Park
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