NOT LISTED FOR SALE

1007 40th St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $1,099,553 - $1,646,000

Studio
-- Bath
2,172 Sq Ft
$626/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $999,000 $460 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,569/month

79 Days on Market

Highlights

  • Cooling Available
  • 4-minute walk to 9 Avenue
  • 2-minute walk to Brizzi Playground
  • I.S. 223 The Montauk Rated A-
  • Heating System Uses Steam

About This Home

As of April 2022

Legal 3 family home located in Borough Park. Home features a full basement as well as nice size yard. Basement has a 1,000 gallon fuel oil tank. First floor unit offers backyard access. Second floor unit features a porch off of the kitchen facing the backyard. Third floor unit features an additional 3rd bedroom. Close to shopping and transportation. The 1st & 3rd floor units have AC window units but only the AC unit on the 1st floor is staying. Great opportunity to make this your dream home, keep it as an income producing property, or even both!

Last Agent to Sell the Property

Alexandra Anastasio

Tom Crimmins Realty, Ltd. Listed on: 10/23/2021

Last Buyer's Agent

Alexandra Anastasio

Tom Crimmins Realty, Ltd. Listed on: 10/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,413

Year Built

  • Built in 1910

Lot Details

  • 1,903 Sq Ft Lot
  • Lot Dimensions are 20x38

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,172 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 0073 / 05584
  • Assessor Parcel Number 05584-0073

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,413

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 3F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Lot Size: 20x38
  • Directions: Cross Streets: 10th Avenue / Fort Hamilton Parkway
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1910
  • General Property Info:Public Remarks3: Legal 3 family home located in Borough Park. Home features a full basement as well as nice size yard. Basement has a 1,000 gallon fuel oil tank. First floor unit offers backyard access. Second floor unit features a porch off of the kitchen facing the backyard. Third floor unit features an additional 3rd bedroom. Close to shopping and transportation. The 1st & 3rd floor units have AC window units but only the AC unit on the 1st floor is staying. Great opportunity to make this your dream home, keep it as an income producing property, or even both!
  • ContractLocation Information:List PriceSqFt2: 593.0
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Condition: Good
  • Annual Expenses: 5413.0
  • General Property Info: Number of AC Units: 2.0
  • General Property Info:Year Built Info: Approx
  • Special Features: None
  • Stories: 3
  • Year Built: 1910

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Refrigerators: 3
  • Appliances:Total Number Ranges: 3
  • Appliances:Total Number Washers: 3
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Steam, Oil
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Heat System:Steam: Yes
  • Siding:Vinyl Siding: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Heat Source:Oil: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 1903.0
  • Lot Size Units: Square Feet
  • Parcel #: 05584-0073
  • Zoning: R-6
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 1903.0
  • General Property Info:Lot Dim: 20x95.17

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 5413.0

Tax Info

  • Tax Annual Amount: 5413.0
  • Tax Block: 05584
  • Tax Lot: 0073
  • General Property Info:Taxes2: 5413.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Apr 11, 2022
Sold by
Reilly Brian
Bought by
Deutsch Chaim and Deutsch Leah
Seller's Agent
Alexandra Anastasio
Tom Crimmins Realty, Ltd.
Buyer's Agent
Alexandra Anastasio
Tom Crimmins Realty, Ltd.
List Price
$1,288,000
Sold Price
$999,000
Premium/Discount to List
-$289,000
-22.44%
Current Estimated Value
$1,360,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,638
Avg. Annual Appreciation
8.64%
Original Mortgage
$749,250
Outstanding Balance
$703,116
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$657,522
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Deutsch Chaim $999,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deutsch Chaim $749,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2022 04/12/22 Sold $999,000 -22.4% $460 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
10/23/2021 10/23/21 For Sale $1,288,000 -- $593 / Sq Ft
Source: Staten Island Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,526 $80,760 $19,980 $60,780
2024 $5,526 $72,720 $19,980 $52,740
2023 $5,588 $69,900 $19,980 $49,920
2022 $5,156 $66,240 $19,980 $46,260
2021 $5,088 $64,920 $19,980 $44,940
2019 $4,504 $55,200 $19,980 $35,220
2018 $4,376 $22,929 $8,909 $14,020
2017 $4,332 $22,719 $8,529 $14,190
2016 $3,975 $21,436 $8,878 $12,558
2015 $2,365 $20,228 $10,863 $9,365
2014 $2,365 $19,108 $10,777 $8,331
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alexandra Anastasio

    Tom Crimmins Realty, Ltd.

See All Agents

Map

Source: Staten Island Multiple Listing Service

MLS Number: 1150176

Staten Island Multiple Listing Service

APN: 05584-0073

New York Kings County Brooklyn 11219 Borough Park

1007 40th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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