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11 Beds

4 Bathrooms

3,576 Building Sqft

1,903 Lot Sqft

$2,600,000

1115 40th Street, Brooklyn, New York, 11218

About 1115 40th Street

Active Multi-Family

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 Street

MLS® #
492220
Bedrooms
11
Bathrooms
4
Full Baths
3
Acres
0.04
Type
Residential
Price
$2,600,000
Building Sqft
3,576
Year Built
1920
Sub-Type
Multi-Family

Community Information

Address
1115 40th Street
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11218

Listing Information

Agent Name
Ping Chen
Agent Office
RE/MAX Edge

Listing Map

Get Directions to Property:

At a Glance

1115 40th Street

Brooklyn, New York, 11218

$2,600,000

11 Beds

4 Bathrooms

3,576 Building Sqft

1,903 Lot Sqft

(718) 987-7900