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817 40th St, Brooklyn, NY, 11232

$1,800,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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817 40th St, Brooklyn$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1931
HeatingSteam, Natural Gas
CoolingNone
BasementYes
FireplaceNone
MLS #481132
StatusActive

About 817 40th St

A great opportunity to own an investment property located within the Sunset Park neighborhood of Brooklyn. The property is a 4 family home with a separate entrance to the basement level. Each apartment features a 2-bedroom, 1-bathroom layout, and can be all delivered vacant. Conveniently located near schools, parks, transportation, and shopping. The 9th Avenue subway station is located 3 short blocks away and includes the D train. A notable park within proximity is Sunset Park, which is located 2 blocks away, and features a swimming pool, playground, and views of the city. Local stores, restaurants, cafes, and supermarkets are located around the corner along 8th Avenue.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1931
  • Stories: 2

Listing Office:

  • Office Name: Momentum Real Estate LLC

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Ceramic, Hardwood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: None

Parking Information:

  • Parking: None

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000

Tax Information:

  • Annual Amount: $9,716
  • 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

$965.9K

Med. Price/SqFt

$689

Avg. Days On Market

101

# of Sold Homes

378

817 40th St vs Brooklyn

30 DAYS ON ROCKET

-71 Days

$1,800,000

+$834K More

KEY TAKEAWAY

This property is $834K more than the Median Sold Price in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #481132

Listing Office:

  • Office Name: Momentum Real Estate 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: 5/6/2024, 12:55:30 AM 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$9,716$355,500
2019$9,716$355,500
2018$8,889$72,157
2017$8,343$69,889

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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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-6752842
5
/10

  • PS 198

  • 4105 Farragut Rd

  • 0.11 miles

  • Public District Grades PK-5

school-card-donut-6752843
3
/10

  • PS 361 East Flatbush Early Childhood School

  • 3109 Newkirk Ave

  • 0.60 miles

  • Public District Grades PK-2

school-card-donut-6752844
6
/10

  • PS 208 Elsa Ebeling

  • 4801 Avenue D

  • 0.62 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,000. Residents of Brooklyn, NY typically earn between $100k-200k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11232›817 40th St

This home is located at 817 40th St in Brooklyn, NY and zip code 11232 in the Farragut neighborhood. This home was built in 1931. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $1,800,000.

While more than 25 listings in Brooklyn, NY in April 2024 were sold above asking price, there were more than 208 listings sold at asking price, and more than 145 were sold below. The number of listings in Brooklyn, NY increased by 0.1% between March 2024 and April 2024. In April 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $965,912.

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

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