NOT LISTED FOR SALE

505 E 40th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $651,856 - $754,000

3 Beds
1.5 Baths
1,264 Sq Ft
$552/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2021

Last sale price $649,000 $513 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,200 / mo

51 Days on Market

Highlights

  • Pre War Building
  • Community Garden
  • Garage
  • P.S. 208 Elsa Ebeling Rated 9+

About This Home

As of December 2021

Come see this ready-to-move-in East Flatbush single family gem, just waiting for you.
Renovated, including a finished basement, this beauty will have you at "hello"!
Sitting in the heart of East Flatbush, a cheerful neighborhood where everyone feels at home, 505 E 40th has a shared driveway and shared two car garage making parking or storage a snap. Enter through the West-facing Sun Room and as you turn to the rear of the house, a wide expanse of freshly refinished hardwood flooring lies before you through the living and dining areas. To the right, light streams in through the South facing windows while the stairway to the second floor rises majestically to your left.
The large kitchen is in the back of the house with plenty of counter and storage space. Downstairs a large finished basement adds abnother room for you to enjoy.
Could it be a family room? Perhaps.
Upstairs three bedrooms and a newly renovated bath await. The bedroom face East, West and South, providing lots of light throughout the day. Here again, the floors are freshly refinished, the rooms clean and painted and waiting for your special touch.

Last Agent to Sell the Property

Christopher Howard

Compass License #10301204190 Listed on: 09/15/2021

Compass

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 1,264 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • Farragut Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 77 / 4957

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Clarendon Road/Avenue D
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Farragut
  • Architectural Style: Prewar
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2021-12-29", "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": "2026-05-14T22:27:58.680-00:00", "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": 1092191450, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "2607967", "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": "1092191450", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": "", "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"0\",\n \"CertificateOfOccupancyYN\": \"0\",\n \"LandmarkStatusYN\": \"0\",\n \"BuildingTaxLot\": \"77\",\n \"ListingKey\": \"1092191450\"\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": "Single Family Residence", "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: Detached
  • Stories: 2

Interior Features

  • Living Area: 1264.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 4957
  • Tax Lot: 77

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
Sep 15, 2021
Closed on
Dec 23, 2021
Sold by
Al-Uqdah Malikah and Al-Uqdah Umar
Bought by
Seller's Agent
Christopher Howard
Compass
List Price
$649,000
Sold Price
$649,000
Current Estimated Value
$697,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,464
Avg. Annual Appreciation
1.56%
Original Mortgage
$515,000
Outstanding Balance
$465,625
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,839

Purchase Details

Closed on
Jul 23, 2008
Sold by
Dobbins Blanche
Bought by
Al-Uqdah Malikah and Al-Uqdah Umar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Flatbush, NY

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

    Joseph DeVito

    BHHS Fillmore R.E.

    (877) 719-3170

    42 Total Sales

    3 in East Flatbush

    $260K - $910K Price Range

    Joseph DeVito
     Section Image
  • Vincent Koo Real Estate Agent - EXP Realty

    Vincent Koo

    EXP Realty

    (929) 552-9370

    93 Total Sales

    1 in East Flatbush

    $920,000 Price

    Vincent Koo
     Section Image
  • Lisa Boncich Real Estate Agent - Signature Premier Properties

    Lisa Boncich

    Signature Premier Properties

    (631) 778-7973

    52 Total Sales

    1 in East Flatbush

    $750,000 Price

    Lisa Boncich
     Section Image
  • Richard Krug Real Estate Agent - Coldwell Banker American Homes

    Richard Krug

    Coldwell Banker American Homes

    (516) 400-4970

    165 Total Sales

    1 in East Flatbush

    $750,000 Price

    Richard Krug
     Section Image
  • Kenneth Trestka Real Estate Agent - Ken Trestka Real Estate Inc

    Kenneth Trestka

    Ken Trestka Real Estate Inc

    (934) 223-2833

    86 Total Sales

    1 in East Flatbush

    $650,000 Price

    Kenneth Trestka
     Section Image
  • Keith Barnes Real Estate Agent - REO First Choice Realty LLC.

    Keith Barnes

    REO First Choice Realty LLC.

    (631) 212-1465

    36 Total Sales

    1 in East Flatbush

    $545,000 Price

    Keith Barnes
     Section Image
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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
$650,000 --
Al-Uqdah Malikah $325,000 --
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 $515,000
Previous Owner Al-Uqdah Malikah $300,000
Closed Dobbins Bobby L $185,000
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
12/29/2021 12/29/21 Sold $649,000 0.0% $513 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $649,000 -- $513 / 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 $5,986 $50,640 $12,600 $38,040
2025 $5,647 $38,520 $12,600 $25,920
2024 $5,647 $35,760 $12,600 $23,160
2023 $5,387 $39,300 $12,600 $26,700
2022 $5,295 $32,160 $12,600 $19,560
2021 $5,192 $31,380 $12,600 $18,780
2020 $2,450 $32,040 $12,600 $19,440
2019 $4,608 $30,840 $12,600 $18,240
2018 $4,208 $22,104 $8,676 $13,428
2017 $4,206 $22,104 $11,158 $10,946
2016 $4,034 $21,730 $12,009 $9,721
2015 $2,361 $20,696 $12,893 $7,803
2014 $2,361 $19,525 $13,110 $6,415
Source: Public Records

Agents Affiliated with this Home

  • CH

    Seller's Agent in 2021

    Christopher Howard

    Compass

    (347) 217-4200

    1 in this area

    13 Total Sales

    Christopher Howard
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10847549

Real Estate Board of New York (REBNY)

APN: 04957-0077

New York Kings County Brooklyn 11203 East Flatbush

505 E 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

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