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Overview

  • Updated On:
  • 07/03/2026
  • 61630
  • Property ID
  • 1,903 ft2
  • Property Lot Size
  • 11
  • Bedrooms
  • 4
  • Bathrooms
  • 3,576 ft2
  • Property Size
  • 1920
  • Year Built:
  1. Home
  6. Multi Family House For Sale in Brooklyn New York 11 Beds 4 Baths
For Sale
Multi-family

Multi Family House For Sale in Brooklyn New York 11 Beds 4 Baths

$ 2,600,000
1115 40th St, Brooklyn
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Description

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

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Address: 1115 40th St
City:
State/County:
Zip: 11218
Country: United States
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Property Id: 61630
Price: $ 2,600,000
Property Size: 3,576 ft2
Property Lot Size: 1,903 ft2
Bedrooms: 11
Bathrooms: 4
Year Built: 1920

Energy Class: A+
Energy class A+
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AvailMax Intelligence

Neighborhood & Market Insights

List price $2,600,000 Current property price
Price per sq ft $727 3,576 sq ft listed
Area median $1,687,500 32 comparables
Internal estimate $1,722,650 - $1,942,563 Based on area price per sq ft
School district 1 school Provider ready
Walkability & Transit Ready for data
Walk Score Connect location Uses the existing Walk Score setup
Transit Score Pending Shown when Walk Score returns transit coverage
Location signal Brooklyn 1115 40th St, 11218, Brooklyn, New York
Open Walk Score
Neighborhood Market Strong sample
Median list price $1,687,500
Median price per sq ft $512
Trend lens Current active inventory
Valuation source Internal market model
This property $2,600,000
Area median $1,687,500
Estimate lens $1,832,607

This property is 54.1% above the current neighborhood median.

Price History Listing timeline
11/11/2025 Listed $2,600,000
07/03/2026 Last updated $2,600,000
Schools & District Provider ready
Schools Brooklyn Ready for school data provider mapping.

The schools block is active and ready for district, ratings, and assigned-school provider data.

Estimated Value History Trend ready
11/11/2025 Listing baseline $2,600,000
07/03/2026 AvailMax estimate range $1,722,650 - $1,942,563

-29.5% modeled change across available points

Brooklyn New York 11218
Data sources
Walk Score setup AvailMax active listings AvailMax market model School metadata Listing and valuation history

$ 17,793.66
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 14,543.66

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Important Listing Information

Property ID: 61630

Property Address: 1115 40th St, Brooklyn, New York, 11218

Property details, pricing, availability, photos, dimensions, neighborhood information, and energy-related data may be provided by the property owner, listing agent, user submissions, or third-party data sources. Information may change without notice and should be independently verified before making any real estate, financial, or legal decision.

AvailableMax is a U.S.-based real estate technology platform that enables listing visibility and direct connections between users. AvailableMax does not represent buyers, sellers, landlords, or tenants in real estate transactions, and does not provide brokerage, legal, lending, or closing services unless expressly stated otherwise.

Photos, media, and listing content may be uploaded by users or supplied by third-party sources. Availability, accuracy, completeness, ownership, and usage rights of submitted materials are the responsibility of the submitting source.

Energy-related metrics and similar property attributes may be estimate-based or source-provided and may not reflect official governmental or certified assessments.

Data last updated: July 3, 2026 — 5:22 PM

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Multi Family House For Sale in Brooklyn New York 11 Beds 4 Baths

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