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518 East 40th Street, Brooklyn, NY 11203

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For Sale

$649,000

3 beds • 1 baths • 1 half baths • 1,280 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $507.03
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Welcome to a classic Brooklyn gem nestled in the heart of East Flatbush. This solidly built single-family home offers 3 spacious bedrooms, 1 full bathroom, and an unfinished basement all brimming with opportunity for customization and personal touch. Enter inside and discover the charm of traditional layout and natural light throughout. The living and dining areas provide a warm, inviting atmosphere, perfect for gatherings or quiet evenings at home. Upper level, three generously sized bedrooms offer comfortable living space for family or guests. The home features oil heat, a shared driveway, and a detached garage a rare find in this neighborhood. While the property does need some TLC, it s a fantastic canvas for investors, first-time buyers, or anyone ready to create their dream home. Situated in a vibrant, well-established East Flatbush community, this home is close to schools, parks, shopping, and public transportation. Enjoy easy access to the B46 and B8 buses, as well as nearby subway lines that connect you to downtown Brooklyn and Manhattan. Local amenities, cultural institutions, and healthcare centers like SUNY Downstate Medical Center are just minutes away. Don't miss your chance to own a piece of Brooklyn real estate with incredible potential. Schedule your private showing today!
MLS# 494065

Courtesy Of Jabour Realty Company

(718) 748-1800

Open Houses

August

3

Sunday

In Person

Sunday, August 3, 2025

1:00PM - 3:00PM

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Hardwood
  • Heating System
    Steam
  • Lot Size
    0.05 Acres

Map and Directions

Directions to 518 East 40th Street, Brooklyn, NY 11203

Home seller CENTURY 21 Achievers

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Achievers

(718) 758-0600
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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