Search
Six-Unit Brick Apartment Building
For Sale
$1,650,000

448 40th Street, Brooklyn, NY 11220

Residential, Brooklyn, NY

Property Size7,854 SF
Lot Size0.08 Acres
Price / SF$210.08
Days on Market147

Property Features for 448 40th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6B
Bedrooms 18
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 16, Bedroom 10, Bathroom 1, Bathroom 2, Bedroom 15, Bathroom 3, Bathroom 5, Bathroom 6, Bedroom 8, Bedroom 6, Bedroom 5, Bedroom 3, Bedroom 11, Bedroom 1, Bedroom 4, Bedroom 7, Bedroom 14, Bedroom 2, Bedroom 9, Bedroom 12, Bathroom 4, Bedroom 17, Bathroom 7, Bedroom 13, Bedroom 18
Interior features A/C Unit - Window, Refrigerator, Stove, Window Treatments
Basement Full, Finished
Subdivision Sunset Park
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, Tile, Laminate
Building materials Brick
Roof type Asphalt, Flat
Listing Agency: Ilite Realty Inc
Listed By: Yujie Zhang
Added: Apr 14 Changed: Sep 5 Last Checked: Sep 7 at 10:06PM
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 six-family apartment building contains six three-bedroom, one-bath residences within a 7,854-square-foot brick structure. The property was built in 1914 and carries R6B zoning. Interior features include window-unit A/C, refrigerators, stoves, window treatments, and a combination of hardwood, tile, and laminate flooring. The building measures 33 by 68 feet on a 0.0767-acre lot.

Recent property updates include brand-new third-floor windows, while the flat asphalt roof is approximately 7–8 years old. The address is near the N, D, and R train lines, shopping, Sunset Park, the Industry City waterfront, and express transit connections to Manhattan.

Key Highlights

  • Six three‑bedroom, one‑bath apartments in a six‑family building
  • 7,854‑square‑foot brick building on a 0.0767‑acre lot
  • R6B zoning; building dimensions are 33x68

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,589
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with six three-bedroom, one-bath apartments.
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: Six three‑bedroom, one‑bath apartments in a six‑family building; 7,854‑square‑foot brick building on a 0.0767‑acre lot; R6B zoning; building dimensions are 33x68
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message