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$ 2,600,000
Est. payment /mo
New
1115 40th ST Brooklyn, NY 11218
11 Beds
4 Baths
3,576 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,576 sqft
Price per Sqft $727
MLS Listing ID 492220
Bedrooms 11
Full Baths 3
Year Built 1920
Annual Tax Amount $9,920
Lot Dimensions 20x95.17
Property Sub-Type Multi-Family
Property 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
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
Location
State NY
County Kings (brooklyn)
Area Boro-Park
Zoning R6
Rooms
Basement Full, Unfinished
Interior
Hot Water Other
Heating Other
Flooring Other
Heat Source Other
Exterior
Exterior Feature Brick
Amenities Available Storage rooms
Roof Type Flat
Handicap Access Unknown
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Other
Financing Cash
Listed by RE/MAX Edge