Six-Unit Brick Apartment
448 40th Street Brooklyn, NY 11220
For Sale
$1,650,000
MULTI_FAMILY - Brooklyn, NY
Property Size7,854 SF
Lot Size0.08 Acres
Price / SF$210.08
Days on Market102
Property Features for 448 40th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bedrooms
- 18
- Bathrooms
- 7
- Rooms
- Bedroom 10, Bedroom 1, Bedroom 7, Bedroom 15, Bedroom 8, Bathroom 2, Bathroom 3, Bedroom 13, Bedroom 12, Bathroom 4, Bedroom 2, Bedroom 18, Bedroom 4, Bedroom 3, Bedroom 9, Bathroom 6, Bedroom 5, Bathroom 7, Bedroom 17, Bedroom 14, Bedroom 16, Bedroom 11, Bathroom 1, Bedroom 6, Bathroom 5
- Interior features
- A/C Unit - Window, Refrigerator, Stove, Window Treatments
- Basement
- Full, Finished
- 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
- Hardwood, Laminate, Tile
- Building materials
- Brick
- Roof type
- Asphalt, Flat
Listing Agency:
Ilite Realty Inc
(718) 975-0555
Listed By:
Yujie Zhang
(718) 975-0555
Added: Apr 14
Changed: Jul 11
Last Checked: Jul 24 at 6:06AM
MLS# 500433
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.
Investment Insights
Based on property information with market context.
This well-maintained six-family brick apartment building is configured as six spacious 3-bed/1-bath units. The building measures approximately 33 by 68, and it is zoned R6B. Recent improvements include brand-new 3rd-floor windows and a roof estimated to be about 7–8 years old. Current stated income is $10,020 per month, with annual expenses of approximately $37,949 that include taxes, insurance, gas, water, and common electric.
Located in Brooklyn’s Sunset Park area at 448 40th Street, the property is described as convenient to the N/D/R subway lines, shopping, Sunset Park, and the waterfront at Industry City, with express transit options into Manhattan.
Located in Brooklyn’s Sunset Park area at 448 40th Street, the property is described as convenient to the N/D/R subway lines, shopping, Sunset Park, and the waterfront at Industry City, with express transit options into Manhattan.
Key Highlights
- 6‑family brick building built in 1914 with 3‑bed/1‑bath units
- Building dimensions 33x68; zoned R6B
- Current income of $10,020/month ($120,240/year) with a 5.1% cap rate at ask
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Well-maintained 6-family brick building with six 3-bed/1-bath units in 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: 6‑family brick building built in 1914 with 3‑bed/1‑bath units; Building dimensions 33x68; zoned R6B; Current income of $10,020/month ($120,240/year) with a 5.1% cap rate at ask
