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Six-Unit Brick Apartment Building
For Sale
$1,650,000

448 40th Street, Brooklyn, NY 11220

MULTI_FAMILY - Brooklyn, NY

Property Size7,854 SF
Lot Size0.08 Acres
Price / SF$210.08
Days on Market118

Property Features for 448 40th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6B
Bedrooms 18
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 12, Bedroom 3, Bedroom 7, Bedroom 15, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 6, Bedroom 16, Bedroom 11, Bedroom 8, Bedroom 5, Bedroom 13, Bedroom 4, Bathroom 2, Bathroom 7, Bedroom 18, Bedroom 10, Bedroom 17, Bathroom 5, Bathroom 1, Bedroom 9, Bedroom 14, Bedroom 1, Bathroom 4
Interior features A/C Unit - Window, Refrigerator, Stove, Window Treatments
Basement Full, Finished
Subdivision Sunset Park
Standard status Active
Size 7,854 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 17749

Building Details

Year built 1914
Floors in Building 3
Number of units 6
Flooring type Laminate, Hardwood, Tile
Building materials Brick
Roof type Asphalt, Flat
Listing Agency: Ilite Realty Inc
Listed By: Yujie Zhang
Added: Apr 14 Changed: Aug 3 Last Checked: Aug 9 at 12:06PM
MLS# 500433

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.

Investment Insights

Based on property information with market context.

This well-maintained six-unit brick apartment building at 448 40th Street in Brooklyn offers a 1914-built structure with a flat roof and asphalt roofing. The building measures approximately 33 x 68 and is zoned R6B. Interior finishes include hardwood, laminate, and tile flooring. Unit features include window A/C, a refrigerator, a stove, and window treatments.

Recent improvements include brand-new third-floor windows and a roof that is approximately 7–8 years old. The property sits on a 0.0767-acre lot and includes 7,854 square feet of building area.

For tenants or investors seeking a compact, multi-unit brick asset in Sunset Park, the building’s apartment layout is supported by its established residential configuration and consistent building system updates.

Key Highlights

  • Six‑unit brick apartment building
  • Approximately 33 x 68 building dimensions
  • Zoned R6B

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,589
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
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?
Apartment building - Six-unit brick apartment building zoned R6B with window A/C and hardwood, laminate, and tile flooring throughout.
Where is this apartment building located?
The property is located at 448 40th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Six‑unit brick apartment building; Approximately 33 x 68 building dimensions; Zoned R6B
More about this property
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