448 40th Street Brooklyn, NY 11220
New
- Added:
- Apr 14, 2026
- Days on Market:
- 3
- Last Refresh:
- Apr 16 at 3:06 pm
Property Features for 448 40th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bedrooms
- 18
- Bathrooms
- 7
- Rooms
- Bedroom 9, Bedroom 12, Bathroom 1, Bedroom 3, Bedroom 10, Bathroom 5, Bedroom 15, Bedroom 8, Bedroom 4, Bedroom 14, Bathroom 2, Bathroom 7, Bathroom 3, Bedroom 16, Bedroom 6, Bedroom 2, Bedroom 13, Bedroom 18, Bedroom 11, Bedroom 5, Bedroom 1, Bedroom 7, Bathroom 4, Bathroom 6, Bedroom 17
- Interior features
- A/C Unit - Window, Refrigerator, Stove, Window Treatments
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 7,854 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 17749
Building Details
- Year built
- 1914
- Floors in Building
- 3
- Number of units
- 6
- Flooring type
- Laminate, Hardwood, Tile
- Building materials
- Brick
- Roof type
- Asphalt, Flat
Listing agent Yujie Zhang (718) 975-0555
Listing office Ilite Realty Inc 179 W End Ave #2A, Brooklyn, NY (718) 975-0555
Listing date Apr 14, 2026
MLS# 500433
Listing URL
Copyright © 2026 Brooklyn 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.
Overview
Sunset Park 6-Family Brick Building
This well-maintained 6-family brick building is located in Sunset Park. The building, zoned R6B, measures 33x68. It features six spacious 3-bed/1-bath units. The property generates a current income of $10,020 per month, which is $120,240 per year, with a 5.1% cap rate at the asking price. Annual expenses are approximately $37,949, including taxes, insurance, gas, water, and common electric. Building highlights include new 3rd-floor windows and a roof approximately 7-8 years old. The property is conveniently located near the N/D/R trains, shopping, Sunset Park, the waterfront at Industry City, and express transit options into Manhattan. The property is suitable for 1031 exchange buyers or portfolio growth.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
1031 exchange properties
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.005791
- Latitude
- 40.651218
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 6-family building near trains, shopping, and Sunset Park.
Where is this apartment building located?
The property is located at 448 40th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Strong current income of $10,020/month ($120,240/yr) with a 5.1% cap rate.; Well‑maintained 6‑family brick building in Sunset Park.; Six spacious 3‑bed/1‑bath units.
