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    456 E 40Th St Brooklyn, NY 11203

    For Sale
    $999,000

    Multi Family - Brooklyn, NY

    Type:Single Family Attached
    Property size:
    4,890 SF
    Lot size:
    0.05 Acres
    Days on Market:
    147
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 456 E 40Th St

    General Information

    Special listing conditions
    Real Estate Owned
    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    TransactionType
    Real Estate Owned
    Standard status
    Active
    APN
    04939-0006
    Size
    4,890 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1945
    Number of units
    6
    Architectural style
    Other

    Coldwell Banker American Homes (866) 664-0347 [email protected]

    Listing agent Michael J. Kenduck (866) 664-0347 License #10301209409

    Listing date Jul 14, 2025

    MLS# 865957 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Multifamily Investment Opportunity

    This multifamily property, located in Sunset Park, Brooklyn, presents a significant investment opportunity. The building has a living area of 4890 square feet and is situated on a lot of approximately 0.0451 acres. The property is located in Kings County (Brooklyn), New York.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.005417
    Latitude
    40.650957

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property in Sunset Park, Brooklyn, ideal for investment.
    Where is this apartment building located?
    The property is located at 456 E 40Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Multi-family property in Sunset Park; - Great investment opportunity; - Built in 1945
    (866) 664-0347
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    Brooklyn, NY 11203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    456 E 40Th St Brooklyn, NY 11203
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