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Three-Family Residential Income Property
For Sale
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Pending

1075 40th Street, Brooklyn, NY 11219

Legal three-family building features two floors plus a finished basement with a separate entrance, delivered vacant.

Days on Market113

Property Features for 1075 40th Street

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: eXp Realty BKNY
Listed By: Christopher Moriarty · License #NY
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 31 at 5:00AM

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 eXp Realty BKNY

Investment Insights

Based on property information with market context.

This legal three-family residential income property offers two floors plus a finished basement with a separate entrance. The building is in good condition and is being delivered vacant. The first floor is configured with three bedrooms, while the second floor has four bedrooms.

The property is described as being close to shopping, school, and transportation, supporting convenient everyday access for tenants.

With its three-family legal structure and distinct lower-level entry, the layout provides flexible residential configuration within a single building.

Key Highlights

  • Legal three‑family building with two floors plus a finished basement
  • Finished basement has a separate entrance
  • Delivered vacant and in good condition

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Bar & Pub Skin Care Clinic

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

6,018
Businesses Nearby

Demographics for 11219, NY

103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal three-family building features two floors plus a finished basement with a separate entrance, delivered vacant.
Where is this triplex located?
The property is located at 1075 40th Street Brooklyn, NY.
What are key features of this property?
This property features: Legal three‑family building with two floors plus a finished basement; Finished basement has a separate entrance; Delivered vacant and in good condition
More about this property
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