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Brick Duplex With Finished Basement
For Sale
$2,250,000

1471 40th Street, Brooklyn, NY 11219

Residential, Brooklyn, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market51

Property Features for 1471 40th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 3
Full bathrooms 2
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Parking features Offsite
Interior features A/C Unit
Basement Finished
Subdivision Boro-Park
Standard status Active
Lot size 0.04 Acres

Building Details

Floors in Building 2
Flooring type Hardwood
Building materials Brick
Roof type Flat
Listing Agency: Ostpro Realty LLC
Listed By: Avrum D. Ostreicher
Added: Sep 7 Changed: Oct 21 Last Checked: Oct 27 at 2:06PM
MLS# 504328

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.

Rey
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Investment Insights

Based on property information with market context.

This fully vacant duplex in Brooklyn is configured with a two-bedroom apartment above a three-bedroom apartment, creating a clear two-family layout. The solid-brick structure includes a finished basement, hardwood flooring, air-conditioning units, and a flat roof. The property occupies approximately 0.0415 acres and includes three bathrooms.

Located at 1471 40th Street in the 11219 postal area, the property is identified with R6 zoning. Its existing configuration offers separate residential spaces within one building, while the finished basement provides additional interior area. The address is in Kings County, Brooklyn, New York.

Key Highlights

  • Two‑family layout with 2‑bedroom and 3‑bedroom apartments
  • Fully vacant at 1471 40th Street, Brooklyn, NY 11219
  • Finished basement adds usable interior space

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

6,365
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Vacant two-family property with separate apartments, finished lower-level space, hardwood floors, and R6 zoning.
Where is this duplex located?
The property is located at 1471 40th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Two‑family layout with 2‑bedroom and 3‑bedroom apartments; Fully vacant at 1471 40th Street, Brooklyn, NY 11219; Finished basement adds usable interior space
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