NOT LISTED FOR SALE

1037 40th St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $1,430,114

7 Beds
3 Baths
2,100 Sq Ft
$681/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2022

Last sale price $1,299,000 $619 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,577 / mo

Highlights

  • Wood Flooring
  • 5-minute walk to 9 Avenue
  • Hot Water Heating System
  • I.S. 223 The Montauk Rated A-
  • Multiple cooling system units
  • 3-minute walk to Brizzi Playground

About This Home

As of March 2022

This's great 2 family home located in Borough park, a block away from D train and 8th Ave. business district. Total 3 floors in move in condition with separate entrance finished walk-in apartment, will be delivery vacant, MUST SEE!!!

Last Agent to Sell the Property

Andy Liu

Brooklyn Star Realty Inc Listed on: 12/09/2021

Last Buyer's Agent

Andy Liu

Brooklyn Star Realty Inc Listed on: 12/09/2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,428

Year Built

  • Built in 1910

Lot Details

  • 1,903 Sq Ft Lot
  • Lot Dimensions are 95 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Multiple cooling system units
  • Ductless Heating Or Cooling System
  • Split Air Conditioning
  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 5584

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,428

Year Built

Built in 1910

Lot Details

1,903 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance, Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 35.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 10 Ave.
  • Handicap Access Y N U: No
  • Heat Delivery: Ductless/Split, Hot Water, Other
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split
  • Rooms Total Level3: 5
  • Fill Sq Ft Total: 2100
  • Building Stories: 3
  • Street Name I D X: 40th
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1910
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Lot Sq Ft: 1903

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding
  • Foundation Details: Other
  • Lot Number: 60
  • Roof: Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Electric, Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 95
  • Lot Size Width: 20
  • Zoning: R6

Tax Info

  • Flip Tax Amount: 5428.00

Multi Family

  • Unit Count: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2009
Sold by
Brucken Patricia and Buttino Theresa
Bought by
Current Estimated Value
$1,430,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$227,088
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,203,026
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Borough Park, NY

  • Simon Umanoff Real Estate Agent - Re/Max Edge

    Simon Umanoff

    Re/Max Edge

    (833) 972-2527

    18 Total Sales

    1 in Borough Park

    $1,775,000 Price

    Simon Umanoff
     Section Image
  • Danielle Jabour Real Estate Agent - Jabour Realty Company

    Danielle Jabour

    Jabour Realty Company

    (551) 267-7250

    84 Total Sales

    2 in Borough Park

    $1.2M - $1.7M Price Range

    Danielle Jabour
     Section Image
  • Thomas Dalcamo Real Estate Agent - Real Broker NY LLC

    Thomas Dalcamo

    Real Broker NY LLC

    (551) 203-9501

    45 Total Sales

    1 in Borough Park

    $1,721,000 Price

    Thomas Dalcamo
     Section Image
  • Patricia Ottati Real Estate Agent - BERKSHIRE HATHAWAY

    Patricia Ottati

    BERKSHIRE HATHAWAY

    (347) 970-8775

    30 Total Sales

    1 in Borough Park

    $2,200,000 Price

    Patricia Ottati
     Section Image
  • Niccolo Saraceno Real Estate Agent - eXp Realty

    Niccolo Saraceno

    eXp Realty

    (860) 901-1148

    24 Total Sales

    1 in Borough Park

    $2,650,000 Price

    Niccolo Saraceno
     Section Image
  • Danny Chung Real Estate Agent

    Danny Chung

    (866) 968-7198

    96 Total Sales

    1 in Borough Park

    $1,800,000 Price

    Danny Chung
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $360,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/15/2022 03/15/22 Sold $1,299,000 -- $619 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,031 $95,880 $19,020 $76,860
2025 $5,699 $82,680 $19,020 $63,660
2024 $5,699 $75,660 $19,020 $56,640
2023 $5,501 $71,400 $19,020 $52,380
2022 $5,149 $68,160 $19,020 $49,140
2021 $5,429 $68,940 $19,020 $49,920
2020 $2,618 $60,300 $19,020 $41,280
2019 $4,946 $60,300 $19,020 $41,280
2018 $4,601 $22,572 $7,331 $15,241
2017 $4,382 $21,496 $9,735 $11,761
2016 $4,297 $21,496 $9,652 $11,844
2015 $2,446 $20,851 $10,506 $10,345
2014 $2,446 $19,704 $10,375 $9,329
Source: Public Records

Agents Affiliated with this Home

  • AL

    Seller's Agent in 2022

    Andy Liu

    Brooklyn Star Realty Inc

    (347) 723-4100

    2 in this area

    7 Total Sales

    Andy Liu
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 457707

Brooklyn Board of REALTORS®

APN: 05584-0060

New York Kings County Brooklyn 11219 Borough Park

1037 40th St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.