NOT LISTED FOR SALE

413 40th St Brooklyn, NY 11232

Sunset Park Neighborhood

Estimated Value: $1,670,600

7 Beds
3 Baths
3,000 Sq Ft
$557/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2023

Last sale price $1,657,000 $552 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,845 / mo

68 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • 5-minute walk to 36 Street (D,M,N,R Line)

About This Home

As of June 2023

This spacious multi-family home in Sunset Park with 3 floor-through apartments and a basement is a desirable property for both families and investors. The 3 floor-through apartments provide each family with their own private living space, while still allowing for proximity to loved ones. The basement can be utilized for additional storage and there is a large backyard for entertaining. The building is currently vacant and ready to move in. As an investment opportunity, this multi-family home in Sunset Park can provide the opportunity for rental income from multiple units. The convenient location of Sunset Park/Greenwood Heights, with its many amenities and the nearby express subway station at 36th Street & 4th Avenue, can make this property even more attractive to potential renters. Overall, this spacious multi-family home in Sunset Park with 3 floor-through apartments and a basement is a great option for families and investors alike. It offers both the opportunity for a shared living space and potential for rental income in a desirable location.

Last Agent to Sell the Property

Kurt Vikki

Compass License #10401239518 Listed on: 02/23/2023

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Sunset Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 68 / 709

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

2,000 Acres

Listing Details

  • Cross Street: 4th Avenue/5th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Sunset Park
  • Architectural Style: Prewar
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2023-06-29", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": false, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-08-05T19:29:38.840-00:00", "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": "7222", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1092207148, "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": "2609138", "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": "1092207148", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"0\",\n \"CertificateOfOccupancyYN\": \"0\",\n \"LandmarkStatusYN\": \"0\",\n \"BuildingTaxLot\": \"68\",\n \"ListingKey\": \"1092207148\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658932", "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": null, "PropertySubType": "Multi Family", "UnitLocation": null, "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: MultiFamily
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 3000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 709
  • Tax Lot: 68

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
Feb 23, 2023
Closed on
Jun 28, 2023
Sold by
Christopher Phelan Executor Of and The
Bought by
Seller's Agent
Kurt Vikki
Compass
List Price
$1,598,000
Sold Price
$1,657,000
Premium/Discount to List
$59,000
3.69%
Views
137
Current Estimated Value
$1,670,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,600
Avg. Annual Appreciation
0.25%
Original Mortgage
$1,325,600
Outstanding Balance
$1,277,261
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$393,339
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sunset Park, NY

  • Christine Olivieri Real Estate Agent - Ben Bay Realty Co

    Christine Olivieri

    Ben Bay Realty Co

    (866) 849-5388

    34 Total Sales

    1 in Sunset Park

    $395,000 Price

    Christine Olivieri
     Section Image
  • Joseph Rodriguez Real Estate Agent - Weichert Realtors Truhomes

    Joseph Rodriguez

    Weichert Realtors Truhomes

    (877) 729-8210

    36 Total Sales

    1 in Sunset Park

    $1,550,000 Price

    Joseph Rodriguez
     Section Image
  • Joseph DeVito Real Estate Agent - BHHS Fillmore R.E.

    Joseph DeVito

    BHHS Fillmore R.E.

    (877) 719-3170

    43 Total Sales

    2 in Sunset Park

    $525K - $1.6M Price Range

    Joseph DeVito
     Section Image
  • Danielle Jabour Real Estate Agent - Jabour Realty Company

    Danielle Jabour

    Jabour Realty Company

    (551) 267-7250

    84 Total Sales

    1 in Sunset Park

    $1,050,000 Price

    Danielle Jabour
     Section Image
  • Valerie Shalomoff Real Estate Agent - Keller WIlliams Realty Liberty

    Valerie Shalomoff

    Keller WIlliams Realty Liberty

    (646) 760-8642

    44 Total Sales

    1 in Sunset Park

    $800,000 Price

    Valerie Shalomoff
     Section Image
  • Randolph Rogers Real Estate Agent - eXp Realty

    Randolph Rogers

    eXp Realty

    (646) 845-7800

    50 Total Sales

    2 in Sunset Park

    $1,850,000 Price Range

    Randolph Rogers
     Section Image
See All Agents

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
$1,657,000 --
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 $1,325,600
Previous Owner Phelan Patricia $3,495
Previous Owner Phelan Patricia $135,000
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
06/29/2023 06/29/23 Sold $1,657,000 +3.7% $552 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $1,598,000 -- $533 / 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 $6,995 $84,540 $16,380 $68,160
2025 $6,930 $86,880 $16,380 $70,500
2024 $6,930 $83,880 $16,380 $67,500
2023 $2,648 $101,880 $16,380 $85,500
2022 $2,253 $96,000 $16,380 $79,620
2021 $2,377 $95,820 $16,380 $79,440
2019 $2,348 $87,360 $16,380 $70,980
2018 $2,107 $27,139 $5,717 $21,422
2017 $4,923 $25,618 $4,978 $20,640
2016 $4,525 $24,184 $6,342 $17,842
2015 $2,695 $24,184 $6,898 $17,286
2014 $2,695 $23,961 $8,203 $15,758
Source: Public Records

Agents Affiliated with this Home

  • Kurt Vikki Real Estate Agent - Compass

    Seller's Agent in 2023

    Kurt Vikki

    Compass

    (917) 642-0908

    5 in this area

    26 Total Sales

    Kurt Vikki
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10862308

Real Estate Board of New York (REBNY)

APN: 00709-0068

New York Kings County Brooklyn 11232 Sunset Park

413 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.

RLS Data display by Homes.com LLC

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.