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Pending
  • $1,499,999

    517 40th St, Brooklyn, NY 11232

    8beds
    2,700sqft
    Loading
    Triplex
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $556/sqft
    $-- HOA

    What's special

    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!
    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#: 2504845MLS Logo

      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

        DateEventPrice
        6/25/2026Pending sale$1,499,999$556/sqft
        Source: SIBOR #2504845 Report a problem
        4/24/2026Listed for sale$1,499,999$556/sqft
        Source: SIBOR #2504845 Report a problem
        4/1/2026Pending sale$1,499,999$556/sqft
        Source: SIBOR #2504845 Report a problem
        12/30/2025Price change$1,499,999-14.3%$556/sqft
        Source: SIBOR #2504845 Report a problem
        9/18/2025Price change$1,750,000-7.4%$648/sqft
        Source: SIBOR #2504845 Report a problem
        8/18/2025Listed for sale$1,888,888+758.6%$700/sqft
        Source: SIBOR #2504845 Report a problem
        3/2/1999Sold$220,000$81/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Getting around

        90 / 100
        Very Walkable
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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