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Off market
  • $1,358,100

    521 40th St, Brooklyn, NY 11232

    6beds
    1,800sqft
    MultiFamily
    Built in 1915
    -- sqft lot
    $1,358,100 Zestimate®
    $755/sqft
    $3,489 Estimated rent

    Home value

    $1,358,100

    $1.20M - $1.52M

    $3,489/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $3,489/mo

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    $3,489/mo

    Rent Zestimate®

    Refinance and save

    $8,148/mo

    Est. payment

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    $8,148/mo

    Est. payment

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    What's special

    Introducing a fantastic opportunity for investors and homeowners alike - a stunning attached 2-family house located at 521 40th Street in the desirable Sunset Park neighborhood of Brooklyn, NY. This spacious home boasts a generous 1,800 square feet of living space and is built 20 x 45, situated on a 100' lot with R6B zoning. Additionally, there is 2,200 square feet of residential buildable available. This property is an excellent investment opportunity with the potential to generate significant rental income. All tenants pay their own utilities, which is a huge advantage for the owner. It can also be delivered vacant, providing flexibility for the new owner. Spread across three levels, this home offers a perfect mix of comfort and functionality. The bottom level features three bedrooms, one bathroom, and an exit to the yard, providing the perfect space for family gatherings and outdoor entertaining. Additionally, there is a basement that contains mechanicals including the boiler and meters. The middle level boasts a comfortable one bedroom and one bathroom, offering the perfect retreat for relaxation and rest. Finally, the top level features two bedrooms and one bathroom, providing ample space for a growing family or guests. Located in the vibrant Sunset Park neighborhood, this home is just steps away from an abundance of amenities, including restaurants, cafes, shops, and parks. With easy access to public transportation and major highways, this property is also conveniently located for commuting. Don't miss out on this incredible opportunity to own a multi family home in one of Brooklyn's most sought-after neighborhoods. Schedule your viewing today!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Range / Oven, Refrigerator
    Interior area
    • Total interior livable area: 1,800 sqft

    Property

    Lot
    • Size: 2,003 sqft
    Details
    • Parcel number: 009130064

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1915

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    4/8/2024Listing removed$1,600,000$889/sqft
    Source: StreetEasy Report a problem
    2/14/2024Listed for sale$1,600,000$889/sqft
    Source: StreetEasy Report a problem
    7/18/2023Listing removed--
    Source: StreetEasy Report a problem
    4/21/2023Price change$1,600,000-11.1%$889/sqft
    Source: StreetEasy Report a problem
    3/24/2023Listed for sale$1,800,000$1,000/sqft
    Source: StreetEasy Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,201 +4.7%$57,060 -15%
    2024$6,877 $67,140 -16.2%
    2023-- $80,160 +9.6%
    2022-- $73,140 +14.6%
    2021-- $63,840 +19.7%
    2020$6,401 +6%$53,340 -8.9%
    2019$6,039 +1.2%$58,560 +105.3%
    2018$5,968 +3.4%$28,531 +0.8%
    2017$5,772 +8.1%$28,315 +6%
    2016$5,340 $26,714 +6%
    2015$5,340 +65.8%$25,202 +6%
    2014$3,222 $23,776
    2013-- $23,776 +0.8%
    2012-- $23,596 +6%
    2011-- $22,262 +6%
    2010-- $21,002 +6%
    2009-- $19,814
    2008-- $19,814 +0.8%
    2007-- $19,664 +6%
    2006-- $18,552 +6%
    2005-- $17,502 +6%
    2004-- $16,512
    2003-- $16,512 +0.8%
    2002-- $16,387 +6%
    2001-- $15,460 +6%
    2000-- $14,585

    Find assessor info on the county website

    Neighborhood: Sunset Park

    Nearby schools

    GreatSchools rating