1 month on rocket

1071 40th St, Brooklyn, NY, 11219

$1,700,000

Home List Price

$10,000*

Closing Credit

3 Full Baths
1,536 SqFt
$1,107/SqFt
Multi
Schools Nearby

Location

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1071 40th St, Brooklyn$1,700,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1910
HeatingSteam, Natural Gas
CoolingWindow Unit(s)
BasementYes
FireplaceStove
MLS #480857
StatusActive

About 1071 40th St

New on the market, 2 family, beautiful block, close to everything, first floor features 3 bedrooms and a full bath, second floor features 3 bedrooms and a full bath. Needs some updating, R6 zoning.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,536 SqFt

Listing Office:

  • Office Name: Real Broker LLC

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Parking Information:

  • Parking: None

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,700,000
  • Price Per SqFt: $1,107/SqFt

Tax Information:

  • Annual Amount: $5,392
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$957.3K

Med. Price/SqFt

$683

Avg. Days On Market

97

# of Sold Homes

370

1071 40th St vs Brooklyn

32 DAYS ON ROCKET

-65 Days

$1,700,000

+$742.6K More

$1,107/SqFt

+$423 More

KEY TAKEAWAY

This property is $742.6K more than the Median Sold Price and $423/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #480857

Listing Office:

  • Office Name: Real Broker LLC

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/28/2024, 7:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,392$66,480
2019$5,392$60,120
2018$4,667$25,496
2017$4,435$24,364

History based on county public records data.

Payment Calculator

$8,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2510690
7
/10

  • PS 131

  • 4305 Fort Hamilton Pkwy

  • 0.19 miles

  • Public District Grades PK-5

school-card-donut-2510691
8
/10

  • PS 164 Caesar Rodney

  • 4211 14th Ave

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-2510692
8
/10

  • PS 169 Sunset Park

  • 4305 7th Ave

  • 0.57 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,068. The most common annual income of people living in Brooklyn, NY is less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11219›1071 40th St

This home is located at 1071 40th St in Brooklyn, NY and zip code 11219 in the Sunset Park neighborhood. This 1,536 square foot home was built in 1910. Features: 3 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $1,700,000.

In March 2024, from all listings sold in Brooklyn, NY there were more than 39 sold above asking price, over 151 sold below and more than 179 were sold right at the asked price. In March 2024 in Brooklyn, NY there were 0.8% more homes for sale than in February 2024. Listings spent 97 days on the market in March 2024, and had a median list price of $957,365 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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