NOT LISTED FOR SALE

166 E 40th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $779,859 - $1,110,000

4 Beds
2.5 Baths
2,080 Sq Ft
$460/Sq Ft Est. Value

Sale Details

Date Sold: February 18, 2025

Last sale price $905,000 $435 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,808 / mo

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Laundry Facilities
  • Detached Garage
  • Heating System Uses Steam
  • Back and Front Yard

About This Home

As of February 2025

Solid Two Family Brick House in East Flatbush close to shopping and transportation (subway and buses), 2 bedrooms over 2 bedrooms over a full finished basement with 2/3 bathroom, high ceiling and separate entrance to basement, Shared Driveway, Detached Garage, Back and front yard space. Delivered FULLY Vacant!!!

Last Agent to Sell the Property

Franklyn Bowen

Brooklyn Real Property Inc Listed on: 10/01/2024

Last Buyer's Agent

Franklyn Bowen

Brooklyn Real Property Inc Listed on: 10/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,791

Year Built

  • Built in 1920

Lot Details

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

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Parquet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Garage Door Opener
  • Shared Driveway

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Tax Block 4876

Community Details

Building Details

  • 2 Vacant Units
  • Fuel Expense $2,500
  • Insurance Expense $1,800
  • Utility Expense $3,000

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,791

Year Built

Built in 1920

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 100.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Linden Blvd
  • Cross Street Name2: Church Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Dryer, Garage Door Opener(s), Laundry Area, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 2080
  • Building Stories: 2
  • Street Name I D X: 40th
  • Building Style: Ranch
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Parquet
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 31
  • Roof: Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: Circuit Breakers
  • Heating Fuel: Gas, Oil
  • Hot Water: Gas, Oil

Fee Information

  • Annual Fuel Expense: 2500.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: B1

Multi Family

  • Insurance Expense: 1800.00
  • Unit Count: 2
  • Annual Utility Expenses: 3000.00

Tax Info

  • Flip Tax Amount: 6791.00

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
Oct 1, 2024
Closed on
Feb 18, 2025
Sold by
Bought by
Seller's Agent
Franklyn Bowen
Brooklyn Real Property Inc
Buyer's Agent
Franklyn Bowen
Brooklyn Real Property Inc
List Price
$889,000
Sold Price
$905,000
Premium/Discount to List
$16,000
1.8%
Views
50
Current Estimated Value
$955,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,965
Avg. Annual Appreciation
4.24%
Original Mortgage
$630,000
Outstanding Balance
$622,547
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$333,418

Purchase Details

Closed on
Dec 13, 2003
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
$118,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage
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
$905,000 --
$905,000 --
-- --
-- --
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 $630,000
Closed $630,000
Previous Owner $118,000
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
02/18/2025 02/18/25 Sold $905,000 +1.8% $435 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $889,000 -- $427 / 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 $7,546 $67,080 $15,780 $51,300
2025 $7,119 $64,140 $15,780 $48,360
2024 $7,119 $59,040 $15,780 $43,260
2023 $6,791 $62,040 $15,780 $46,260
2022 $6,437 $52,320 $15,780 $36,540
2021 $6,786 $49,620 $15,780 $33,840
2020 $3,276 $37,800 $15,780 $22,020
2019 $6,179 $37,800 $15,780 $22,020
2018 $5,681 $27,867 $12,074 $15,793
2017 $5,478 $26,872 $12,944 $13,928
2016 $5,372 $26,872 $13,015 $13,857
2015 $3,058 $26,092 $14,214 $11,878
2014 $3,058 $24,616 $13,360 $11,256
Source: Public Records

Agents Affiliated with this Home

  • Franklyn Bowen

    Seller's Agent in 2025

    Franklyn Bowen

    Brooklyn Real Property Inc

    (212) 518-6638

    6 in this area

    11 Total Sales

    Franklyn Bowen
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 486324

Brooklyn Board of REALTORS®

APN: 04876-0031

New York Kings County Brooklyn 11203 East Flatbush

166 E 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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