832 40th Street, Brooklyn, NY 11232
COMMERCIAL - Brooklyn, NY
- Added:
- Jun 18, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 18 at 6:06 pm
Property Features for 832 40th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R6
- Standard status
- Active
- Size
- 3,239 SF
- Lot size
- 0.58 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3662
Building Details
- Year built
- 2017
- Floors in Building
- 5
- Building materials
- Brick
- Roof type
- Flat
Listing agent Hang (Tyler) Chen (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Jun 18, 2026
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.
HighLights
- Commercial condo in a mixed‑use building built in 2017 with brick construction
- First floor and cellar offered together for approx. 3,239 SF usable space (1,770 SF first floor + 1,469 SF cellar)
- Flat roof
- Flexible layout suited to a range of business and community uses, including medical offices and senior centers
- Near the D train and B70 bus line
Overview
The building is positioned in Sunset Park, Brooklyn, with access to public transportation near the D train and the B70 bus line. Day-to-day convenience is supported by surrounding uses such as restaurants, supermarkets, and pharmacies.
This space is well suited for owner occupancy or operation by an organization that needs adaptable interior areas for services and programs. Based on the permitted or anticipated use set presented for this offering, tenants and operators may consider medical offices, home healthcare services, educational programs, non-profit organizations, senior centers, fitness or training facilities, or children’s enrichment centers, subject to applicable approvals and requirements.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $139.9k | $43.20 |
| − Vacancy | −$32.2k | −$9.94 |
| EGI | $107.7k | $33.26 |
| − OpEx | −$26.9k | −$8.32 |
| NOI | $80.8k | $24.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.997126
- Latitude
- 40.645957
