Search
Brooklyn Multifamily Investment Opportunity
For Sale
$1,800,000
Pending

817 40 St, Brooklyn, NY 11232

Four-family home in Sunset Park, delivered vacant, near transportation.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market269

Property Features for 817 40 St

General Information

Standard status Pending
Lot size 0.06 Acres
Property subtype Multi Family

Building Details

Year Built 1931
Stories 2
Listing Agency:
Listed By: David Li
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 22 Last Checked: Aug 24 at 5:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of David Li

Investment Insights

Based on property information with market context.

Located in the Sunset Park neighborhood of Brooklyn, this property presents an opportunity to own a four-family home. Each apartment features a 2-bedroom, 1-bathroom layout, and the property can be delivered vacant. The building includes a separate entrance to the basement level. The property is conveniently located near schools, parks, transportation, and shopping. The 9th Avenue subway station, served by the D train, is located three blocks away. Sunset Park, featuring a swimming pool, playground, and city views, is located two blocks from the property. Local stores, restaurants, cafes, and supermarkets are located around the corner along 8th Avenue.

Key Highlights

  • Delivered vacant, offering immediate rental income potential or owner‑occupancy flexibility.
  • Four‑family home, providing multiple income streams or multi‑generational living options.
  • Located in the desirable Sunset Park neighborhood of Brooklyn.

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

4,588
Businesses Nearby

Demographics for 11232, NY

30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
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?
Quadplex - Four-family home in Sunset Park, delivered vacant, near transportation.
Where is this quadplex located?
The property is located at 817 40 St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Delivered vacant, offering immediate rental income potential or owner‑occupancy flexibility.; Four‑family home, providing multiple income streams or multi‑generational living options.; Located in the desirable Sunset Park neighborhood of Brooklyn.
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