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Six-Unit Apartment Building
For Sale
$1,200,000

464 40th St, Brooklyn, NY 11232

Established residential property near shopping, schools, and public transportation in Brooklyn.

Property Size4,890 SF
Days on Market126

Property Features for 464 40th St

General Information

Standard status Active
Size 4,890 SF
Property subtype Commercial

Additional Details

Public Transit Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $16,528

Building Details

Building Size 4,890 SF
Year Built 1914
Buildings 1
Units 6
Listing Agency: Bridge Property Management LLC
Listed By: Ericka N. Moorer
Source: Elliman
Added: Apr 28 Changed: Aug 29 Last Checked: Aug 30 at 10:53PM

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 Bridge Property Management LLC

Investment Insights

Based on property information with market context.

This apartment building at 464 40th St in Brooklyn contains six residential units and was constructed in 1914. The property offers a residential configuration suited to multifamily ownership and is positioned within an established urban setting.

Shopping corridors, supermarkets, schools, and public transportation are located nearby. Walk Score is 94, Bike Score is 69, and Transit Score is 78, reflecting convenient pedestrian, cycling, and transit access. The property is located in Brooklyn, NY 11232.

Key Highlights

  • Six residential units
  • Built in 1914
  • Located at 464 40th St, Brooklyn, NY 11232

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 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
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Frequently Asked Questions

What type of property is this?
Apartment building - Established residential property near shopping, schools, and public transportation in Brooklyn.
Where is this apartment building located?
The property is located at 464 40th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Six residential units; Built in 1914; Located at 464 40th St, Brooklyn, NY 11232
More about this property
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