1115 40th, Brooklyn, New York

$2,600,000

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11

Beds

4

Baths

3,576

Square feet

About 1115 40th

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

Features of 1115 40th

MLS® # 492220
Price $2,600,000
Bedrooms 11
Bathrooms 4.00
Full Baths 3
Square Footage 3,576
Year Built 1920
Type Multi-Family
Sub-Type Multi-Family
Status Active

Community Information

Address 1115 40th
Area Boro-Park
City Brooklyn
County Kings (Brooklyn)
State New York
Zip Code 11218

Amenities

Amenities Storage rooms
Features Other
Is Waterfront No
Has Pool No

Interior

Interior Other
Heating Other
Fireplace No
# of Stories 3
Has Basement Yes
Basement Full, Unfinished

Exterior

Exterior Brick
Lot Description 20x95.17
Roof Flat
Construction Brick
Foundation Poured Concrete

Additional Information

Date Listed April 30th, 2025
Zoning R6
Tax $9,920

Listing Map

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