NOT LISTED FOR SALE

1075 40th St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $1,598,000 - $1,824,485

Studio
3 Baths
3,240 Sq Ft
$529/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2023

Last sale price $1,584,000 $489 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,102 / mo

Highlights

  • Wood Flooring
  • 4-minute walk to Fort Hamilton Parkway (D,M Line)
  • Back and Front Yard
  • I.S. 223 The Montauk Rated A-
  • Heating System Uses Steam
  • 4-minute walk to Brizzi Playground

About This Home

As of September 2023

Legal three family, 2 floors plus finished basement with separate entrance. Close to shopping, school and transportation. Good condition, delivered vacant. First floor three bedrooms, second floor 4 bedrooms. Great opportunity. Nice residential block.

Last Agent to Sell the Property

Isaac Shmedra Landau

Real Broker NY LLC Listed on: 03/30/2023

Last Buyer's Agent

Isaac Shmedra Landau

Real Broker NY LLC Listed on: 03/30/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,296

Year Built

  • Built in 1910

Lot Details

  • 1,808 Sq Ft Lot
  • Lot Dimensions are 95 x 19
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 3,240 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 5584

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,296

Year Built

Built in 1910

Lot Details

1,808 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 19.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 10th Ave
  • Cross Street Name2: Fort Hamilton Pky
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 3240
  • Building Stories: 2
  • Street Name I D X: 40th
  • Year Built: 1910
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 1808

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 44
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 200 Amp, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 95
  • Lot Size Width: 19
  • Zoning: R6

Tax Info

  • Flip Tax Amount: 7296.00

Multi Family

  • Unit Count: 3

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

Listed on
Mar 30, 2023
Closed on
Sep 8, 2023
Sold by
Bought by
Seller's Agent
Isaac Shmedra Landau
Real Broker NY LLC
Buyer's Agent
Isaac Shmedra Landau
Real Broker NY LLC
List Price
$1,690,000
Sold Price
$1,584,000
Premium/Discount to List
-$106,000
-6.27%
Views
27
Current Estimated Value
$1,714,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,621
Avg. Annual Appreciation
2.77%
Original Mortgage
$1,188,000
Interest Rate
0.069%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2014
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 2005
Sold by
Bought by
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

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
$1,584,000 --
-- --
-- --
-- --
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 $1,188,000
Previous Owner $480,000
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
09/08/2023 09/08/23 Sold $1,584,000 -6.3% $489 / Sq Ft
07/26/2023 07/26/23 For Sale $1,690,000 0.0% $522 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $1,690,000 -- $522 / Sq Ft
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 $8,240 $96,660 $22,020 $74,640
2025 $7,779 $85,860 $22,020 $63,840
2024 $7,779 $84,540 $22,020 $62,520
2023 $7,422 $86,220 $22,020 $64,200
2022 $7,296 $94,440 $22,020 $72,420
2021 $7,626 $79,680 $22,020 $57,660
2020 $3,577 $80,220 $22,020 $58,200
2019 $6,752 $68,640 $22,020 $46,620
2018 $6,208 $30,456 $9,230 $21,226
2017 $6,208 $30,456 $10,686 $19,770
2016 $6,037 $30,198 $13,023 $17,175
2015 $3,212 $28,490 $14,124 $14,366
2014 $3,212 $26,896 $13,632 $13,264
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2023

    Isaac Shmedra Landau

    Real Broker NY LLC

    (718) 853-0202

    9 in this area

    15 Total Sales

    Isaac Shmedra Landau
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472886

Brooklyn Board of REALTORS®

APN: 05584-0044

New York Kings County Brooklyn 11218 Borough Park

1075 40th 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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