NOT LISTED FOR SALE

3 E 40th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $970,000 - $1,177,913

Studio
-- Bath
2,652 Sq Ft
$414/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $950,000 $358 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,391/month

233 Days on Market

About This Home

As of November 2019

Gorgeous, renovated, multi-family home with two car detached garage in East Flatbush. This semi-detached, two-family with duplex is ideal for someone wanting a profitable rent roll and/or office or professional space. This is a two-bedroom over three-bedroom duplex with professional office space. Three separate meters (one for each floor). The duplex is divided up to allow the garden level to be used exclusively as an office space, in-law suite, or huge recreation space with a separate entry, access to the backyard and detached two car garage with automatic opener.The second floor has three nice size bedrooms, private patio, wood floors, washer/dryer hookup, two baths, open living room and kitchen. The third floor is a mirror image of the second floor with two bedrooms and one bath. Both units have gorgeous wood floors, all new windows, stainless steel appliances and all new mechanicals. The private entry for the duplex is perfect for a true live/work or professional office situation. Price 850,000.

Last Agent to Sell the Property

Vanika Mock

EXP Realty NYC License #10301212658 Listed on: 03/01/2019

EXP Realty NYC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Parking

  • Garage

Home Design

  • Pre War Building

Additional Features

  • 2-Story Property
  • Lot Dimensions are 100.0 x 20.0

Community Details

  • 2 Units
  • East Flatbush Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 4845

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Clarkson Avenue & Lenox Road
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East Flatbush
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 100.0 x 20.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 4845
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Nov 20, 2019
Sold by
Sjmb Properties Inc
Bought by
Dhanraj Dhanesh and Dhanraj Jason
Seller's Agent
Vanika Mock
EXP Realty NYC
List Price
$850,000
Sold Price
$950,000
Premium/Discount to List
$100,000
11.76%
Current Estimated Value
$1,097,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,478
Avg. Annual Appreciation
2.34%
Original Mortgage
$600,000
Outstanding Balance
$525,553
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$571,925

Purchase Details

Closed on
Oct 7, 2016
Sold by
Arlene Bourne As Sole Heir and Shorey Clarence M
Bought by
Sjmb Properties Inc

Purchase Details

Closed on
Aug 15, 2006
Sold by
Bourne Arlene M and Heir Of Clearence M Shorey
Bought by
Bourne Arlene M and Stuart Enid

Purchase Details

Closed on
Dec 3, 2003
Sold by
Belgrave Deceased Ruby and Belgrave As Administrator Michael
Bought by
Belgrave Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dhanraj Dhanesh $950,000 --
Dhanraj Dhanesh $950,000 --
Dhanraj Dhanesh $950,000 --
Sjmb Properties Inc $420,000 --
Sjmb Properties Inc $420,000 --
Sjmb Properties Inc $420,000 --
Bourne Arlene M -- --
Bourne Arlene M -- --
Belgrave Michael -- --
Belgrave Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhanraj Dhanesh $600,000
Closed Dhanraj Dhanesh $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold $950,000 +11.8% $358 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $850,000 -- $321 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $8,841 $82,440 $14,340 $68,100
2024 $8,841 $65,100 $14,340 $50,760
2023 $8,433 $73,260 $14,340 $58,920
2022 $7,929 $59,520 $14,340 $45,180
2021 $7,999 $55,680 $14,340 $41,340
2020 $3,976 $48,840 $14,340 $34,500
2019 $6,901 $48,840 $14,340 $34,500
2018 $5,432 $26,649 $8,549 $18,100
2017 $5,125 $25,143 $8,609 $16,534
2016 $4,742 $23,720 $9,963 $13,757
2015 $2,861 $23,720 $13,036 $10,684
2014 $2,861 $23,540 $15,537 $8,003
Source: Public Records

Agents Affiliated with this Home

  • Vanika Mock

    Seller's Agent in 2019

    Vanika Mock

    EXP Realty NYC

    (718) 986-1522

    2 Total Sales

    Vanika Mock
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10571886

Real Estate Board of New York (REBNY)

APN: 04845-0001

New York Kings County Brooklyn 11203 East Flatbush

3 E 40th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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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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