$2,600,000
1115 40th Street
Brooklyn, NY, 11218
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'' x 62'' and sits on a 20'' x 95.17'' lot, offering three full floors above ground plus a full basement. Ideal for maximizing rental income or exploring future value-add opportunities.
Whether you''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
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'' x 62'' and sits on a 20'' x 95.17'' lot, offering three full floors above ground plus a full basement. Ideal for maximizing rental income or exploring future value-add opportunities.
Whether you''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
Schools
Interior
Exterior
Financial
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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
Community
- Address1115 40th Street Brooklyn NY
- NeighborhoodBoro-Park
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11218
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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