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Located at 1115 40th Street, Brooklyn, New York 11218, Borough Park neighborhood, this Single Family Home is for Sale with a price of $2,600,000 USD. The property was built in 1920, includes 11 bedrooms, has 3 full baths. This listing has 3,576 Sq.Ft. of interior space on a lot of .04 Acres. See all Homes for Sale in Borough Park.
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1. 1115 40th Street
Size
Financial
Listing Details
BrooklynBorough Park1115 40th Street

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Description

1115 40th Street,

Brooklyn, NY 11218

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 Brooklyns 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

This is an Active listing.

Broker Office Phone Number: 718-612-3088

Copyright © 2025Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Remax Edge via Data Source: Brooklyn New York Multiple Listing Service 
11
Bedrooms
3
Full Baths
$2,600,000
price
$727
Price Per Sqft
$9,920
Annual taxes
Single Family Home
Property type
1920
Year Built
New York City Department Of Education
School District
New York City Department Of Education
School District
new-york-city-department-of-education-new-york-ny
Schools
15108018
Web Id
492220
MLS ID
86
Days Posted

Price History

datepricevariancetype
4/30/2025$2,600,000-Listed
listing agent: Ping Chen
more info
3,576 Sq Ft.
interior
0.04 Acres
Exterior
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    1115 40th Street
    Borough Park, Brooklyn, NY 11218

    $2,600,000
    11 bd3 ba