1115 40th Street Brooklyn NY 11218 MLS #492220

1115 40th Street
Brooklyn, NY, 11218
$2,600,000
11 Beds
4 Baths
3,576 SqFt
0 Acres
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$2,600,000
1115 40th Street
Brooklyn, NY, 11218
MLS #492220 image #0MLS #492220 image #1
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&#39' x 62&#39' and sits on a 20&#39' x 95.17&#39' lot, offering three full floors above ground plus a full basement. Ideal for maximizing rental income or exploring future value-add opportunities.
Whether you&#39'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

Property Details

Price:
$2,600,000
MLS #:
492220
Status:
Active
Beds:
11
Baths:
4
Type:
Multi Family
Subtype:
Multi-Family
Borough:
Brooklyn
Neighborhood:
boropark
Listed Date:
Jul 30, 2025
Finished Sq Ft:
3,576
Year Built:
1920
BrooklynBoropark

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Current real estate data for Multi Family in Brooklyn as of Oct 19, 2025
758
Multi Family Listed
62
Avg DOM
593
Avg $ / SqFt
$1,775,433
Avg List Price

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Property Summary

    1115 40th Street Brooklyn NY is a Multi Family for sale in Brooklyn, NY, 11218. It is listed for $2,600,000
1115 40th Street
Brooklyn, NY

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