1115 40th Street

1115 40th St
Borough Park

$2,600,000
Price
11
Beds
3,576 Sq. Ft.
$727 / Sq. Ft.
3,576
Sq. Ft.
$727
per Sq. Ft.
a front view of a building with a garden

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...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
  1. Listed by Renzhang Danny Dong • RE/MAX Edge
  2. Listed by Ping Chen • RE/MAX Edge

Amenities

  • Walk Up
  • Voice Intercom
  • Basement
  • Private Outdoor Space
  • Full Basement
  • Parking Included
  • Lowrise
LISTING UPDATED: 12/28/2025 02:46 PM

Property Details for 1115 40th Street

StatusActive
MLS ID492220
Days on Market276
Taxes$9,920 / year
Maintenance-
Min. Down Pymt-
Total Rooms17.0
Compass TypeTownhouse
MLS TypeResidential
Year Built1920
Lot Size1,903 SF / 20' x 95'
CountyKings County

Building

1115 40th St

3 Units3 StoriesBuilt in 1920

Location

Listing Courtesy of RE/MAX Edge
Add your commute

Building Information for 1115 40th Street

Stories3Residences3Year Built1920Building Size20' x 62'Building Sq. Ft3,720 SFLot Size1,903 SF / 20' x 95'Building Age-Building Type-

Payment Calculator

$13,499 per month

30 year fixed, 6.15% Interest

Principal and Interest

$12,672

Property Taxes

$827

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1115 40th Street

Summary
Location and General Information
  • Block: 5585
  • Cross Street Name: 11th Ave
  • Zoning: R6
  • Roof: Flat
  • Residential Features: Other
  • Number Of Vacant Units: 3
Parking
  • Parking Attributes: None
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: Cash
  • Tax Amount: 9920.2
Property
Lot Information
  • Lot Dimensions: 20x95.17
  • Sq Ft Total: 3576
  • Yard: Back
  • Lot Number: 68
  • Lot Size Irregular YN: No
  • Lot Size Length: 95
  • Lot Size Width: 20
Utilities
  • Heat Delivery: Other
  • Heating Fuel: Other
  • AC Units: 0
  • Hot Water: Other
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Unfinished
  • Baths Three Quarter: 1.0
  • Baths Total Level 1: 2
  • Baths Total Level: 1
  • Total Rooms: 17
  • Foundation Details: Poured Concrete
  • Flooring: Other
  • Unit Count: 3
  • Building Amenities: Storage rooms
  • Number Of Available Units: 3
  • Construction Materials: Brick
  • Electric: Other
  • Baths Total Level: 1
  • Beds Total Level: 3
  • Beds Total Level: 4
  • Beds Total Level: 4
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: Unknown
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1240.0
  • Building Length: 62.0
  • Building Type: Attached
  • Building Width: 20.0
  • Rooms Total Level 1: 5
  • Rooms Total Level 2: 6
  • Rooms Total Level: 6
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 1.0
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Room Description: With Full Basement
  • Unit Floor: 1
  • Unit Rooms Total: 5
  • Unit Status: Vacant
  • Unit Unit Type: 3 Bedrooms
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Floor: 2
  • Unit Rooms Total: 6
  • Unit Status: Vacant
  • Unit Unit Type: 4+ Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: 4+ Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: No

Property History for 1115 40th Street

DateEvent & SourcePriceAppreciation
Apr 30, 2025

Listed (Active)

BKMLS #492220

$2,600,000—
DateEvent & SourcePrice
04/30/2025

Listed (Active)

BKMLS #492220

$2,600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1115 40th Street

This home is within New York City Geographic District #15.
Rating
School
Type
Grades
Distance
P.S. 230 Doris L Cohen
Public - PK to 5
Jhs 223 The Montauk
Public - 6 to 8
Franklin Delano Roosevelt High School
Public - 9 to 12
West Brooklyn Community High School
Public - 10 to 12
Rating
School
Distance
P.S. 230 Doris L Cohen
PublicPK to 5

Jhs 223 The Montauk
Public6 to 8

Franklin Delano Roosevelt High School
Public9 to 12

West Brooklyn Community High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1115 40th Street, Borough Park

1115 40th Street is a townhouse for sale in Borough Park. This property was listed for sale on April 30, 2025 by RE/MAX Edge, it's currently listed at $2,600,000. This listing's school district is New York City Geographic District #15. Nearby schools include P.S. 230 Doris L Cohen, Jhs 223 The Montauk and Franklin Delano Roosevelt High School. 1115 40th Street is a 11-bed, 4-bath, 3,576 sqft townhouse built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Edge

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.