Spacious Brick House with Great Potential Don’t miss this rare opportunity to own a large brick house in a prime location. This house has two floors and a Walk in basement, The house is built on a 24x100 lot, with a 20x60 building size, and has a R-6 Zoning that allows for two more floors to be added. The house needs major renovation, but has a lot of potential for the right buyer. The house will be delivered vacant, so you can start your project right away. This is a perfect chance to create your dream home or invest in a profitable property. Hurry, this won’t last long!
Property Details
Property Features
Property Information:
Stories: 2
Listing Office:
Office Name: eXp Realty BKNY
Interior Features
Interior Information:
Appliances: Refrigerator, Stove
Basement: Yes
Flooring Type: Hardwood
Fireplace: Stove
Bedroom and Bathroom Information:
Full Bathrooms: 5
Exterior Features
Parking Information:
Parking: Other, Shared Drive
Utilities
Utilities Information:
Heating: Steam, Natural Gas
Price Information
Listing Price Info
Price Summary:
List Price: $2,700,000
Tax Information:
Annual Amount: $11,830
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Brooklyn, NY.
This property is $1.7M more than the Median Sold Price in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #479431
Listing Office:
Office Name: eXp Realty BKNY
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.
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, 1:25:14 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
YEAR
PROP. TAX
ASSESSMENT
2020
$11,830
$217,080
2019
$11,829
$260,550
2018
$10,019
$85,044
2017
$9,408
$78,770
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13.5K
Per Month
Principal & Interest
$13.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,161
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
PS 164 Caesar Rodney
4211 14th Ave
Distance between this listing and this school0.14 miles
Public District Grades PK-5
7
/10
PS 179 Kensington
202 Avenue C
Distance between this listing and this school0.36 miles
Public District Grades PK-5
6
/10
PS 230 Doris L Cohen
1 Albemarle Rd
Distance between this listing and this school0.55 miles
Public District Grades PK-5
Nearby Schools
8
/10
Jr High School 223 The Montauk
4200 16th Ave
Distance between this listing and this school0.21 miles
Public District Grades 6-8
9
/10
PS 192 Magnet School For Math and Science Inquiry
4715 18th Ave
Distance between this listing and this school0.62 miles
Public Magnet Grades PK-8
7
/10
Jr High School 62 Ditmas
700 Cortelyou Rd
Distance between this listing and this school0.64 miles
Public District Grades 6-8
Nearby Schools
7
/10
Urban Assembly School For Criminal Justice
4200 16th Ave
Distance between this listing and this school0.21 miles
Public District Grades 6-12
2
/10
West Brooklyn Community High School
1053 41st St
Distance between this listing and this school0.60 miles
Public District Grades 10-12
8
/10
Brooklyn Prospect Charter School
3002 Fort Hamilton Pkwy
Distance between this listing and this school0.77 miles
The neighbors living near this home have an average income of $19,837. The majority of Brooklyn, NY residents have income less than $35k annually. Typical family type is married, with kids. Most residents in this area have high school diploma education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1462 40th St in Brooklyn, NY and zip code 11219 in the Borough Park neighborhood. Features: 5 bathrooms. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $2,700,000.
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. The number of listings in Brooklyn, NY increased by 0.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $957,365, while the average time on the real estate market was 97 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
Mexican League Soccer
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Ross Dress For Less
Foot Locker
H&M
Jack In The Box
Little Caesars
Boston Market
Nissan
Dodge
Honda
Rhythmic Contemporary Hits
Urban Adult Contemporary