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1115 40Th St Brooklyn, NY 11218

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For Sale
$2,600,000

Three-family brick home in high-growth Brooklyn neighborhood.

Lot size:
0.04 Acres

Property Features for 1115 40Th St

General Information

Lot size
0.04 Acres

Building Details

Year built
1920

Source: RE/MAX Edge Agent Ping Chen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Borough Park Three-Family Brick Home

Located in the heart of Borough Park, Brooklyn, this three-family brick home presents an investment opportunity. The solid brick building spans 20' x 62' and is situated on a 20' x 95.17' lot, featuring three full floors above ground and a full basement. The property is located in one of Brooklyn's most in-demand neighborhoods, offering potential for rental income and long-term appreciation. Zoned R6, this property offers flexible configurations. The property benefits from low annual property taxes of $9,920.20.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
-73.990567
Latitude
40.642554

FAQs

What type of property is this?
Multifamily property - Three-family brick home in high-growth Brooklyn neighborhood.
Where is this multifamily property located?
The property is located at 1115 40Th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: - Prime investment opportunity in high-demand Borough Park neighborhood.; - Three-family brick home with potential for maximizing rental income.; - Low annual property taxes of $9,920.20.
More about this property
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