NOT LISTED FOR SALE

Estimated Value: $861,000 - $1,333,000

5 Beds
5 Baths
2,576 Sq Ft
$411/Sq Ft Est. Value

Last Sold November 20, 2022

Last sale price $1,220,000 $474 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $6,369/month

39 Days on Market

Highlights

  • Community Garden
  • Eat-In Kitchen
  • Central Air
  • Balcony
  • Garden
  • Garage

About This Home

As of November 2022

An immaculate multi-family townhouse boasting a private driveway and a two-car garage, this gut-renovated East Flatbush home blends contemporary interiors with potential rental income or generational living. Originally built in 1905 and situated on a spacious 30' x 100' lot, every inch of 132 East 40th Street has been upgraded and redesigned using high-end materials and finishes.

Bright recessed lighting accentuates beautiful white oak floors and charming exposed redbrick accents. Classic sash windows let in an abundance of natural light, and infrastructural updates include brand new electrical and plumbing as well as a new central HVAC system. A huge backyard has space for the garage and a separate garden area perfect for grilling, sun lounging, and more.

The home is split between a 3-bedoom, 2-bathroom top floor unit and a 2-bedroom, 2.5-bathroom garden duplex. The upper-level unit begins with a skylit staircase and an open-concept living, dining, and kitchen space saturated with natural light. There is a built-in workstation just off the living area, and the single-line kitchen boasts custom cabinets, sleek marble countertops and backsplash, and high-end stainless steel appliances. The primary bedroom overlooks the backyard and has a full en-suite, while the second and third bedrooms have deep closets. One of the bedrooms also has an attached balcony ideal for hosting guests and enjoying morning and evening drinks.

The owner's duplex has an open-concept layout and direct access to the backyard. The kitchen features an eat-in waterfall island, marble slab countertops and backsplash, custom cabinets, and stainless steel appliances. The primary bedroom has a full en-suite, while the second bedroom has easy access to a second full bathroom. The lower level is an open, floor-through finished basement that can be used as additional lounge space, a media room/den, a game room, and more. All bathrooms have custom tile work and matte black fixtures.

132 East 40th Street sits just off the main major transportation artery of Linden Boulevard. It is close to all the dining and shopping options on Church Avenue, Utica Avenue, and Nostrand Avenue, and it is a short distance from Prospect Park. Nearby subway lines include the 2 and???????????????????????????????????????? 5.

Last Agent to Sell the Property

Jeffrey St. Arromand

Serhant License #10401251694 Listed on: 08/22/2022

Serhant

Co-Listed By

TriciaLee Riley

Serhant License #10301215044

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,197

Year Built

  • Built in 1905

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30.0 x 100.0
  • Garden

Parking

  • Garage

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Balcony
  • Central Air

Community Details

Overview

  • 2 Units
  • Northeast Flatbush Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,197

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Northeast Flatbush
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 2576.0
  • Living Area Units: Square Feet
  • Rooms (Total): 13

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Building Garden, Balcony, Garden
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Area: 3000.0
  • Lot Size Dimensions: 30.0 x 100.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1905

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Nov 18, 2022
Sold by
East 40 Buyer Llc
Bought by
Dalzotto Daniel
Seller's Agent
Jeffrey St. Arromand
Serhant
List Price
$1,249,000
Sold Price
$1,220,000
Premium/Discount to List
-$29,000
-2.32%
Views
33
Current Estimated Value
$1,058,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$161,232
Avg. Annual Appreciation
-4.99%
Original Mortgage
$854,000
Outstanding Balance
$829,224
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,544

Purchase Details

Closed on
May 11, 2021
Sold by
East Bk 2015 Llc
Bought by
East 40 Buyer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2015
Sold by
Clerger Exilhomme and Lourole Clotilde
Bought by
East Bk 2015 Llc

Purchase Details

Closed on
Jul 19, 2006
Sold by
Charlot Jacques
Bought by
Clerger Exilhomme and Lourole Clotilde

Purchase Details

Closed on
Sep 19, 2005
Sold by
Wilson Barbara and Wilson Christopher
Bought by
Charlot Jacques

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
5.84%

Purchase Details

Closed on
Apr 18, 2005
Sold by
Grant Earl and Wilson Barbara
Bought by
Wilson Barbara and Wilson Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.95%

Purchase Details

Closed on
May 26, 1995
Sold by
Wilson Ashford G
Bought by
Wilson Barbara and Wilson Christopher
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Dalzotto Daniel $1,220,000 --
Dalzotto Daniel $1,220,000 --
East 40 Buyer Llc $605,000 --
East 40 Buyer Llc $605,000 --
East Bk 2015 Llc $75,000 --
East Bk 2015 Llc $75,000 --
Clerger Exilhomme -- --
Clerger Exilhomme -- --
Charlot Jacques $565,000 --
Charlot Jacques $565,000 --
Wilson Barbara -- --
Wilson Barbara -- --
Wilson Barbara -- Commonwealth Land Title Ins
Wilson Barbara -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dalzotto Daniel $854,000
Closed Dalzotto Daniel $854,000
Previous Owner East 40 Buyer Llc $600,000
Previous Owner East 40 Buyer Llc $75,000
Previous Owner Charlot Jacques $113,000
Previous Owner Charlot Jacques $452,000
Previous Owner Wilson Barbara $266,000
Previous Owner Grant Earl $130,000
Closed Wilson Barbara $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2022 11/20/22 Sold $1,220,000 -2.3% $474 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $1,249,000 -- $485 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,197 $54,360 $15,780 $38,580
2024 $7,197 $51,960 $15,780 $36,180
2023 $6,984 $54,420 $15,780 $38,640
2022 $6,477 $45,240 $15,780 $29,460
2021 $6,828 $45,840 $15,780 $30,060
2020 $3,311 $42,420 $15,780 $26,640
2019 $6,246 $42,420 $15,780 $26,640
2018 $5,842 $28,659 $11,216 $17,443
2017 $5,512 $27,038 $12,114 $14,924
2016 $5,405 $27,038 $12,114 $14,924
2015 $3,076 $26,374 $13,584 $12,790
2014 $3,076 $24,883 $15,373 $9,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10822027

Real Estate Board of New York (REBNY)

APN: 04876-0017