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1115 40th Street, Brooklyn, NY 11218
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$2,600,000
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Home Details for 1115 40th Street
Price
$2,600,000
Type
Multi Family
Bedrooms
11
Full Bathrooms
3
Year Build
1920
Sq. Ft.
3576
Lot Size
0.04
County
Kings
Total Rooms
17
Basement
Full, Unfinished
Tax
$9,920.2
MLS®️ Listing#
492220
On exitrealty.com
164 days
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
- Basement
- Full
- Unfinished
- Parking
- On Street
Listing Courtesy: RE/MAX Edge - 718-612-3088
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Brooklyn MLS. All Rights Reserved.
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Last Updated: 2025-04-30 12:30:59
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$2,600,000
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EXIT REALTY PROFESSIONALS
6203 18th Ave, Brooklyn, NY 11204