571 40th Street is a classic brick home on one of Sunset Park's prettiest tree-lined blocks just 1 block from the park. A three-family currently configured as a two-family, it offers five bedrooms and three baths across an owner's duplex and a top-floor rental, with flexibility for how a buyer lives now and later: live in the duplex and let the rental help carry the mortgage, or restore the third unit for additional income.
The duplex begins on the garden level, where a long living and dining room leads back to an eat-in kitchen with laundry, a full bath, and a mudroom opening to the deep backyard. A paved patio leaves plenty of room to grill and dine outdoors, with planted beds for gardening. On the parlor floor above, 10-foot ceilings and original moldings frame three bedrooms, a walk-in closet, and an original tiled bath. The top floor is a two-bedroom, one-bath apartment with its own kitchen, a living and dining room, and a large walk in closet. A full cellar provides abundant storage.
Just a block away is the neighborhood's namesake park, one of Brooklyn's highest points, with sweeping views of the harbor, the Statue of Liberty, and the Manhattan skyline, along with an Olympic-size pool, a recreation center, a soccer field, and a spray playground. Beyond the park, Sunset Park is one of Brooklyn's most vibrant neighborhoods, with a remarkable range of restaurants and markets along Fifth and Eighth Avenues and Industry City's shops, food hall, and waterfront a short walk west. The D, N, and R trains at 36th Street are minutes away.
Active
$1,400,000
571 40th St, Brooklyn, NY 11232
5beds
--sqft
Multi Family
Built in 1915
-- sqft lot
$1,387,800 Zestimate®
$--/sqft
$-- HOA
What's special
Two-bedroom one-bath apartmentOriginal tiled bathClassic brick homePlanted beds for gardeningThree bathsPaved patioWalk-in closet
- 26 days
- 1,700
- 160
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Corcoran 917-679-8189,
Jennifer Wang,
Charles Pigott
Source: StreetEasy,MLS#: S1847433
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Washer/Dryer
Features
- Has fireplace: No
Property
Features
- Patio & porch: Other
- Exterior features: Garden
- Has view: Yes
- View description: Garden
Details
- Parcel number: 009130043
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1915
Community & HOA
Community
- Subdivision: Sunset Park
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $1,038,000
- Annual tax amount: $6,144
- Date on market: 9/24/2026
Estimated market value
$1,387,800
$1.32M - $1.46M
$3,867/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $1,400,000 |
Source: StreetEasy #S1847433 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,802 -1.2% | $62,280 -15% |
| 2024 | $5,872 | $73,260 -18% |
| 2023 | -- | $89,340 +15.1% |
| 2022 | -- | $77,640 +25.4% |
| 2021 | -- | $61,920 -2.4% |
| 2020 | $4,861 +0% | $63,420 -6% |
| 2019 | $4,861 -3.7% | $67,440 +179.6% |
| 2018 | $5,047 +8.7% | $24,124 +5.9% |
| 2017 | $4,644 +16.5% | $22,780 +6% |
| 2016 | $3,987 | $21,496 +5.9% |
| 2015 | $3,987 +68.1% | $20,304 |
| 2014 | $2,372 | $20,304 +1% |
| 2013 | -- | $20,104 +5.9% |
| 2012 | -- | $18,984 +6% |
| 2011 | -- | $17,914 +5.9% |
| 2010 | -- | $16,920 |
| 2009 | -- | $16,920 +1% |
| 2008 | -- | $16,754 +5.9% |
| 2007 | -- | $15,820 +6% |
| 2006 | -- | $14,929 +5.9% |
| 2005 | -- | $14,100 |
| 2004 | -- | $14,100 +1% |
| 2003 | -- | $13,962 +5.9% |
| 2002 | -- | $13,184 +6% |
| 2001 | -- | $12,441 +5.9% |
| 2000 | -- | $11,750 |
Find assessor info on the county website



