Seller's Agent in 2024
Neal & Jay Modi
RE/MAX
(800) 222-6325
2 in this area
56 Total Sales
297 E 40th St Brooklyn, NY 11203
East Flatbush NeighborhoodEstimated Value: $781,000 - $931,000
4
Beds
2.5
Baths
1,400
Sq Ft
$616/Sq Ft
Est. Value
Highlights
- 0.1 Acre Lot
- Park
- Hot Water Heating System
- Property is near public transit
About This Home
As of September 2024R-5 Zoning. 4500 square feet plot, Potential for expansion.
Last Agent to Sell the Property
RE/MAX Frontier Brokerage Phone: 718-224-2900 License #30MO0741430 Listed on: 03/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,850
Year Built
- Built in 1915
Lot Details
- 4,513 Sq Ft Lot
- Lot Dimensions are 40 x 112
- No Common Walls
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,400 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 8 Parking Spaces
- Private Parking
- Driveway
Location
- Property is near public transit
Schools
- East Flatbush Comm Research Middle School
- East Brooklyn Community High School
Utilities
- No Cooling
- Hot Water Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 43 / 4894
- Assessor Parcel Number 04894-0043
Community Details
Overview
- 2 Units
Recreation
- Park
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2024
Closed on
Sep 25, 2024
Sold by
Chengtrakuun Jalorrut
Bought by
297 E 40Th St Llc
Seller's Agent
Neal & Jay Modi
RE/MAX Frontier
Buyer's Agent
Jay Modi
RE/MAX Frontier
List Price
$975,000
Sold Price
$850,000
Premium/Discount to List
-$125,000
-12.82%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,419
Avg. Annual Appreciation
1.17%
Purchase Details
Closed on
Jan 30, 2019
Sold by
Estate Of Bruno Andreola and Jalorrut Chengtrakuun As Executor
Bought by
Chengtrakuun Jalorrut
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 297 E 40Th St Llc | $850,000 | -- | |
| 297 E 40Th St Llc | $850,000 | -- | |
| Chengtrakuun Jalorrut | -- | -- | |
| Chengtrakuun Jalorrut | -- | -- | |
| Chengtrakuun Jalorrut | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $850,000 | 0.0% | $607 / Sq Ft |
| 07/08/2024 07/08/24 | Pending | -- | -- | -- |
| 06/21/2024 06/21/24 | Price Changed | $850,000 | -5.6% | $607 / Sq Ft |
| 05/08/2024 05/08/24 | Price Changed | $900,000 | -7.7% | $643 / Sq Ft |
| 03/03/2024 03/03/24 | For Sale | $975,000 | -- | $696 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $6,131 | $46,260 | $21,360 | $24,900 |
| 2024 | $6,131 | $36,540 | $21,360 | $15,180 |
| 2023 | $5,850 | $44,820 | $21,360 | $23,460 |
| 2022 | $5,588 | $49,140 | $21,360 | $27,780 |
| 2021 | $5,637 | $37,920 | $21,360 | $16,560 |
| 2020 | $5,637 | $38,160 | $21,360 | $16,800 |
| 2019 | $5,321 | $32,460 | $21,360 | $11,100 |
| 2018 | $4,893 | $24,004 | $13,805 | $10,199 |
| 2017 | $4,173 | $22,929 | $14,371 | $8,558 |
| 2016 | $1,385 | $22,450 | $15,579 | $6,871 |
| 2015 | $747 | $22,442 | $14,121 | $8,321 |
| 2014 | $747 | $21,198 | $11,924 | $9,274 |
Source: Public Records
Agents Affiliated with this Home
-
Neal & Jay Modi
-
Jay Modi
J
Seller Co-Listing Agent in 2024
Jay Modi
RE/MAX
(646) 732-0513
2 in this area
55 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3535204
APN: 04894-0043
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.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Copyright 2025 OneKey® MLS. All rights reserved.
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