$1,600,000
Updated 3 years ago
Off Market

521 40th Street

Sunset Park, Brooklyn | 5th Ave & 6th Ave

6 Beds3 Baths1,800 Square FeetMulti-Family

$1,600,000
floors / apts3 / 2
Lot Size20'x100'
Built Size20'x45'
ZoneR6B
Building TypeTownhouse
RE Taxes$6,953
Price Per SF
$889

Property Description for 521 40th Street

ntroducing a fantastic opportunity for investors and homeowners alike - a stunning attached 2-family house located at 521 40th Street in the desirable Sunset Park neighborhood of Brooklyn, NY. This spacious home boasts a generous 1,800 square feet of living space and is built 20 x 45, situated on a 100' lot with R6B zoning. Additionally, there is 2,200 square feet of residential buildable available.

This property is an excellent investment opportunity with the potential to generate significant rental income. All tenants pay their own utilities, which is a huge advantage for the owner. It can also be delivered vacant, providing flexibility for the new owner.

Spread across three levels, this home offers a perfect mix of comfort and functionality. The bottom level features three bedrooms, one bathroom, and an exit to the yard, providing the perfect space for family gatherings and outdoor entertaining. Additionally, there is a basement that contains mechanicals including the boiler and meters.

The middle level boasts a comfortable one bedroom and one bathroom, offering the perfect retreat for relaxation and rest.

Finally, the top level features two bedrooms and one bathroom, providing ample space for a growing family or guests.

Located in the vibrant Sunset Park neighborhood, this home is just steps away from an abundance of amenities, including restaurants, cafes, shops, and parks. With easy access to public transportation and major highways, this property is also conveniently located for commuting.

Don't miss out on this incredible opportunity to own a multi family home in one of Brooklyn's most sought-after neighborhoods. Schedule your viewing today!

Listing History for 521 40th Street

Now
07/18/2023
POM by Daniel Mahgerefteh
Oxford Property Group
04/23/2023
$1,600,000
Initial Price by Daniel Mahgerefteh
Oxford Property Group

Building Details for 521 40th Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1915
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

36 St
0.32 miles
45 St
0.35 miles

Citi Bike

5 Ave & 41 St
0.08 miles
5 Ave & 37 St
0.17 miles

Contact Agents

Contact Agents

Daniel Mahgerefteh
FIND Real Estate
Nathaniel Smith
FIND Real Estate
Yaniv Grinberg
FIND Real Estate
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 90701TH