NOT LISTED FOR SALE

1055 E 40 St Brooklyn, NY 11210

Flatlands Neighborhood

Estimated Value: $803,892 - $1,177,000

5 Beds
2 Baths
2,200 Sq Ft
$445/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2020

Last sale price $640,000 $291 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,968 / mo

About This Home

As of August 2020

Brick 2 family with over-sized sun-drenched rooms on a beautiful tree lined block. Original detail galore; wall to ceiling mirror and original banister. 3 bedroom over 2 bedroom over finished basement with separate front entrance plus access to rear back yard. Reach out today for a virtual tour. Property being sold in As-Is condition. No representations or warranties. Buyer responsible for any liens or violations. Buyer to pay NYC / NYS transfer taxes. Cash, rehab or FHA203k financing only.

Last Agent to Sell the Property

Ken Macbride

BHHS Fillmore R.E. Listed on: 05/04/2020

BHHS Fillmore R.E.

Last Buyer's Agent

Ken Macbride

BHHS Fillmore R.E. Listed on: 05/04/2020

BHHS Fillmore R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,215

Year Built

  • Built in 1905

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • 2,200 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7766

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,215

Year Built

Built in 1905

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue I
  • Cross Street Name2: Avenue J
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 2200
  • Street Name I D X: 40
  • Year Built: 1905
  • Special Features: 20

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 38
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 6215.00

Multi Family

  • Unit Count: 2

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
Dec 24, 2020
Sold by
Bought by
Current Estimated Value
$979,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,238
Interest Rate
0.0271%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 4, 2020
Closed on
Aug 17, 2020
Sold by
Bought by
Seller's Agent
Ken Macbride
BHHS Fillmore R.E.
Buyer's Agent
Ken Macbride
BHHS Fillmore R.E.
Sold Price
$640,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Dec 5, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
0.0568%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$815,000 --
$640,000 --
$100 --
$485,000 --
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 $800,238
Previous Owner $474,000
Closed $412,450
Previous Owner $364,000
Closed $364,000
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
08/17/2020 08/17/20 Sold $640,000 -- $291 / Sq Ft
05/04/2020 05/04/20 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 $7,077 $60,660 $9,540 $51,120
2025 $6,677 $46,140 $9,540 $36,600
2024 $6,677 $45,120 $9,540 $35,580
2023 $6,751 $43,860 $9,540 $34,320
2022 $6,586 $42,000 $9,540 $32,460
2021 $6,550 $32,940 $9,540 $23,400
2020 $4,626 $34,440 $9,540 $24,900
2019 $5,502 $34,440 $9,540 $24,900
2018 $5,349 $27,702 $6,714 $20,988
2017 $5,305 $27,492 $7,409 $20,083
2016 $4,875 $25,936 $7,351 $18,585
2015 $2,908 $24,469 $7,585 $16,884
2014 $2,908 $23,085 $8,407 $14,678
Source: Public Records

Agents Affiliated with this Home

  • Ken Macbride

    Seller's Agent in 2020

    Ken Macbride

    BHHS Fillmore R.E.

    (718) 615-2007

    18 in this area

    152 Total Sales

    Ken Macbride
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 437822

Brooklyn Board of REALTORS®

APN: 07766-0038

New York Kings County Brooklyn 11210 Flatlands

1055 E 40 St, Brooklyn, NY

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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.

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