Fabulous opportunity to own this multi-family brick home on a beautiful tree-lined street in the convenient Sunset Park neighborhood of Brooklyn. Ideal for investors or families seeking versatile living space.The property suits multi-generational households or those looking for rental income. Located close to shopping, public transportation, and restaurants. The home has been modified over the years to accommodate comfortable household living. The garden level includes a large living room, a bedroom, a newer eat-in kitchen with rear yard access, a three-quarter bath, and entry to a full partially finished basement with additional rooms. The second floor features three bedrooms, a three-quarter bath, and an open-concept living room/kitchen. The third floor boasts four bedrooms, a living room, a kitchen, and a full bath. Ceramic and hardwood flooring run throughout, and the basement provides extra storage or additional living space as needed. The rear yard is perfect for entertaining, and with a building size of 20x45 across three stories (plus the basement), the possibilities are endless. The first floor which has access to the yard and basement is currently not rented. No c/o. Modifications have been made to accommodate multigenerational living. Tax records indicate 3 units. Call today to schedule your showing!
Pending
$1,499,999
517 40th St, Brooklyn, NY 11232
8beds
2,700sqft
Triplex
Built in 1915
-- sqft lot
$-- Zestimate®
$556/sqft
$-- HOA
What's special
- 324 days |
- 226 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Safari Realty 718-442-5200,
Gail R Sweeney 917-678-4926,
Genine Marie Quaranta
Source: SIBOR,MLS#: 2504845
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Heating
- Natural Gas, Hot Water
Cooling
- None
Features
- Ceiling Fan(s)
- Basement: Full,Partially Finished
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Video & virtual tour
Property
Parking
- Parking features: Off Street
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 2,178 Square Feet
- Dimensions: 20 x 100.17
- Features: Back Yard
Details
- Parcel number: 009130065
- Zoning: R6-B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick, Stucco
Condition
- Good
- New construction: No
- Year built: 1915
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $556/sqft
- Tax assessed value: $938,000
- Annual tax amount: $6,286
- Date on market: 4/24/2026
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
$3,513/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Pending sale | $1,499,999$556/sqft |
Source: | ||
| 4/24/2026 | Listed for sale | $1,499,999$556/sqft |
Source: | ||
| 4/1/2026 | Pending sale | $1,499,999$556/sqft |
Source: | ||
| 12/30/2025 | Price change | $1,499,999-14.3%$556/sqft |
Source: | ||
| 9/18/2025 | Price change | $1,750,000-7.4%$648/sqft |
Source: | ||
| 8/18/2025 | Listed for sale | $1,888,888+758.6%$700/sqft |
Source: | ||
| 3/2/1999 | Sold | $220,000$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,505 +4.6% | $56,280 -15% |
| 2024 | $6,217 | $66,180 -16.3% |
| 2023 | -- | $79,080 +10.5% |
| 2022 | -- | $71,580 +14.7% |
| 2021 | -- | $62,400 +19.7% |
| 2020 | $5,783 +5.9% | $52,140 -9% |
| 2019 | $5,460 +1.2% | $57,300 +122.1% |
| 2018 | $5,396 +3.6% | $25,795 +0.9% |
| 2017 | $5,210 +8% | $25,557 +5.9% |
| 2016 | $4,823 | $24,124 +6% |
| 2015 | $4,823 +65.8% | $22,767 +5.9% |
| 2014 | $2,908 | $21,496 |
| 2013 | -- | $21,496 +0.9% |
| 2012 | -- | $21,298 +5.9% |
| 2011 | -- | $20,104 +6% |
| 2010 | -- | $18,973 +5.9% |
| 2009 | -- | $17,914 |
| 2008 | -- | $17,914 +0.9% |
| 2007 | -- | $17,749 +5.9% |
| 2006 | -- | $16,754 +6% |
| 2005 | -- | $15,811 +5.9% |
| 2004 | -- | $14,929 |
| 2003 | -- | $14,929 +0.9% |
| 2002 | -- | $14,791 +5.9% |
| 2001 | -- | $13,962 +6% |
| 2000 | -- | $13,176 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Sunset Park
Nearby schools
GreatSchools rating
- 4/10Ps 24Grades: PK-5Distance: 0.2 mi
- 4/10Is 136 Charles O DeweyGrades: 6-8Distance: 0.2 mi
- 5/10Sunset Park High SchoolGrades: 9-12Distance: 0.4 mi
A local agent can set up tours, give advice and negotiate with sellers.






