NOT LISTED FOR SALE

1227 40th St Brooklyn, NY 11218

Borough Park Neighborhood

Estimated Value: $1,446,512 - $1,594,000

4 Beds
3 Baths
1,928 Sq Ft
$802/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2024

Last sale price $1,475,000 $765 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,007 / mo

30 Days on Market

About This Home

As of December 2024

Great development opportunity

Lot Size: 20' X 95' Max Usable FAR: 4624 Sq Ft

Call agent for details

Last Agent to Sell the Property

Peter Gumas

Berkshire Hathaway HomeServices New York Properties License #10301218170 Listed on: 09/17/2024

Berkshire Hathaway HomeServices New York Properties

Co-Listed By

Trim Qorkadiu

Berkshire Hathaway HomeServices New York Properties License #10401347049

Berkshire Hathaway HomeServices New York Properties

Last Buyer's Agent

Trim Qorkadiu

Berkshire Hathaway HomeServices New York Properties License #10401347049

Berkshire Hathaway HomeServices New York Properties

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,280

Year Built

  • Built in 1901

Lot Details

  • 1,903 Sq Ft Lot
  • Lot Dimensions are 95.17x20.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,928 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Utilities

  • No Cooling

Community Details

  • Borough Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 0058 / 05293

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,280

Year Built

Built in 1901

Lot Details

1,903 Sq Ft Lot

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Borough Park
  • Entry Level: 1
  • Structure Type: Townhouse
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2024-12-19", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": true, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-08-04T18:08:45.380-00:00", "Restrictions": null, "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": false, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "7983", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1091338130, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "SourceFloorPlansCount": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "16572218", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential", "LivingAreaRangeUnits": null, "OriginatingSystemName": "RLS", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "PropertySubTypeAdditional": null, "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1091338130", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"0\",\n \"PercentOfCommonElements\": \"0.00\",\n \"FlipTax\": \"0.00\",\n \"LandmarkStatusYN\": \"0\",\n \"CapitalReservesYN\": \"0\",\n \"BuildingTaxLot\": \"0058\",\n \"BuildingSmokeFreeYN\": \"1\",\n \"BuyerAgentRLSParticipantYN\": \"1\",\n \"SponsorUnitYN\": \"0\",\n \"CertificateOfOccupancyYN\": \"1\",\n \"TaxAbatementYN\": \"0\",\n \"AttendanceType\": \"None\",\n \"ListingKey\": \"1091338130\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5671797", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Closed", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": null, "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": "49.00x20.00", "PropertySubType": "Single Family Residence", "UnitLocation": "1", "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": null, "ListingId": null, "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null }
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 1928.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 4

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1903.4
  • Lot Size Dimensions: 95.17x20.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 05293
  • Tax Lot: 0058
  • Tax Annual: 65280.0

Multi Family

  • Building Area Units: Square Feet

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
Sep 17, 2024
Closed on
Dec 19, 2024
Sold by
Eden Nancy A
Bought by
Seller's Agent
Peter Gumas
Berkshire Hathaway HomeServices New York Properties
Buyer's Agent
Trim Qorkadiu
Berkshire Hathaway HomeServices New York Properties
List Price
$1,395,000
Sold Price
$1,475,000
Premium/Discount to List
$80,000
5.73%
Views
177
Current Estimated Value
$1,545,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,378
Avg. Annual Appreciation
2.78%

Purchase Details

Closed on
Dec 30, 2012
Sold by
Eden John L
Bought by
Eden Nancy A

Purchase Details

Closed on
Mar 30, 2012
Sold by
Eden John L and Eden Nancy A
Bought by
Eden John L and Eden Nancy A

Purchase Details

Closed on
Apr 11, 2011
Sold by
Eden Premises Trust/ John L Eden/ Trust
Bought by
Eden John L and Eden Nancy A

Purchase Details

Closed on
Feb 16, 2000
Sold by
Eden Virginia
Bought by
Eden John L
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

  • Niccolo Saraceno Real Estate Agent - eXp Realty

    Niccolo Saraceno

    eXp Realty

    (860) 901-1148

    23 Total Sales

    1 in Borough Park

    $2,650,000 Price

    Niccolo Saraceno
     Section Image
  • Danny Chung Real Estate Agent

    Danny Chung

    (866) 968-7198

    95 Total Sales

    1 in Borough Park

    $1,800,000 Price

    Danny Chung
     Section Image
  • Anthony Parascandolo Real Estate Agent - RE/MAX Elite

    Anthony Parascandolo

    Responds Quickly

    RE/MAX Elite

    (347) 952-7649

    51 Total Sales

    2 in Borough Park

    $1,201,000 Price Range

    Anthony Parascandolo
     Section Image
  • Allan Zhu Real Estate Agent - RE/MAX Edge

    Allan Zhu

    Responds Quickly

    RE/MAX Edge

    (833) 369-2730

    102 Total Sales

    1 in Borough Park

    $1,130,000 Price

    Allan Zhu
     Section Image
  • Mitchell Feldman Real Estate Agent

    Mitchell Feldman

    Responds Quickly

    (855) 629-2561

    100 Total Sales

    1 in Borough Park

    $1,800,000 Price

    Mitchell Feldman
     Section Image
  • Kawing Chiu Real Estate Agent - Ashford Homes LLC

    Kawing Chiu

    Responds Quickly

    Ashford Homes LLC

    (844) 251-3656

    105 Total Sales

    3 in Borough Park

    $490K - $572K Price Range

    Kawing Chiu
     Section Image
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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
$1,475,000 --
Eden Nancy A -- --
Eden John L -- --
Eden John L -- --
Eden John L -- Commonwealth Land Title Ins
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
12/19/2024 12/19/24 Sold $1,475,000 0.0% $765 / Sq Ft
12/19/2024 12/19/24 Price Changed $1,475,000 +5.7% $765 / Sq Ft
09/17/2024 09/17/24 For Sale $1,395,000 -- $724 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $5,757 $85,200 $20,700 $64,500
2025 $5,440 $72,060 $20,700 $51,360
2024 $5,440 $66,900 $20,700 $46,200
2023 $5,440 $79,200 $20,700 $58,500
2022 $4,877 $64,800 $20,700 $44,100
2021 $5,299 $59,400 $20,700 $38,700
2020 $5,056 $72,000 $20,700 $51,300
2019 $4,703 $58,140 $20,700 $37,440
2018 $4,601 $22,572 $8,232 $14,340
2017 $4,382 $21,496 $8,756 $12,740
2016 $4,218 $21,099 $8,964 $12,135
2015 $784 $19,905 $11,065 $8,840
2014 $784 $18,810 $12,551 $6,259
Source: Public Records

Agents Affiliated with this Home

  • Peter Gumas Real Estate Agent - BHHS New York Prop

    Seller's Agent in 2024

    Peter Gumas

    BHHS New York Prop

    (917) 601-3685

    1 in this area

    13 Total Sales

    Peter Gumas
    Section Image
  • Trim Qorkadiu Real Estate Agent - BHHS New York Prop

    Seller Co-Listing Agent in 2024

    Trim Qorkadiu

    BHHS New York Prop

    (917) 624-4136

    1 in this area

    3 Total Sales

    Trim Qorkadiu
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11010103

Real Estate Board of New York (REBNY)

APN: 05293-0058

New York Kings County Brooklyn 11218 Borough Park

1227 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.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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