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1115 40th Street, Brooklyn, NY 11218

Local realty services provided by:CENTURY 21 Homefront
1115 40th Street,Brooklyn, NY 11218
$2,600,000
  • 11 Beds
  • 4 Baths
  • 3,576 sq. ft.
  • Multi-family
  • Active
Listed by: ping chen
Office: re/max edge
MLS#:492220
Source:BROOKLYN

Price summary

  • Price:$2,600,000
  • Price per sq. ft.:$727.07

About this home

ALL-CASH BUYERS ONLY – PRIME INVESTMENT OPPORTUNITY IN BOROUGH PARK. EXTERNAL VIEWINGS ONLY! INVESTOR ALERT: Rare opportunity to acquire a 3-FAMILY BRICK HOME IN the heart of Borough Park, one of Brooklyn’s most in-demand neighborhoods for rental and long-term appreciation. This solid brick building spans 20' x 62' and sits on a 20' x 95.17' lot, offering three full floors above ground plus a full basement. Ideal for maximizing rental income or exploring future value-add opportunities. Whether you're seeking stable multi-family rental income or a long-term hold in a high-growth area, under R6 zoning, this property offers exceptional potential with flexible configurations. Adding to its appeal, the property benefits from low annual property taxes of only $9,920.20, enhancing long-term investment returns. Serious, all-cash inquiries only. MLS Approve- No financial provide due to property being vacant

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Home facts

  • Year built:1920
  • Listing ID #:492220
  • Added:227 day(s) ago
  • Updated:November 26, 2025 at 12:09 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:4
  • Full bathrooms:3
  • Living area:3,576 sq. ft.

Structure and exterior

  • Roof:Flat
  • Year built:1920
  • Building area:3,576 sq. ft.
  • Lot area:0.04 Acres

Finances and disclosures

  • Price:$2,600,000
  • Price per sq. ft.:$727.07
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