Seller's Agent in 2019
Kurt Vikki
Compass
(917) 642-0908
5 in this area
27 Total Sales
512 40th St Brooklyn, NY 11232
Sunset Park NeighborhoodEstimated Value: $1,321,000 - $1,940,000
7
Beds
3
Baths
2,216
Sq Ft
$697/Sq Ft
Est. Value
About This Home
As of September 2019Do not miss this amazing investment opportunity in one of the hottest neighborhoods in Brooklyn!
UPDATE - 1st FLOOR and BASEMENT are now fully vacant. CONTACT US TODAY FOR IMMEDIATE SHOWINGS
512 40th Street is a two family home currently configured as a 4 bedroom over 3 bedroom with finished basement. This 19'x60' townhouse has over 2200 square feet of living space with an additional 2900 square feet of unused buildable space to potentially expand into.
Conveniently located near Industry City, enjoy some of the best food, shopping and entertainment that Brooklyn has to offer. Just a block away is Sunset Park which features an Olympic size swimming pool, state of the art gym, recreational center, and more.
Easy 20 minute commute to Manhattan and convenient access to the D, N, and R trains.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 1,713
Interior Spaces
- 2,216 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Community Details
- 2 Units
- Sunsetpk Subdivision
Listing and Financial Details
- Tax Block 917
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2018
Closed on
Sep 18, 2019
Sold by
Diaz Carlos
Bought by
Jiang'S Family I Llc
Seller's Agent
Kurt Vikki
Compass
List Price
$1,348,000
Sold Price
$1,165,000
Premium/Discount to List
-$183,000
-13.58%
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
$379,596
Avg. Annual Appreciation
4.59%
Original Mortgage
$680,000
Outstanding Balance
$595,627
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$948,969
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 |
|---|---|---|---|
| Jiang'S Family I Llc | $1,165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jiang'S Family I Llc | $680,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2019 09/18/19 | Sold | $1,165,000 | -13.6% | $526 / Sq Ft |
| 04/02/2019 04/02/19 | Pending | -- | -- | -- |
| 11/12/2018 11/12/18 | For Sale | $1,348,000 | -- | $608 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
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 | $9,502 | $82,080 | $25,080 | $57,000 |
| 2024 | $9,502 | $95,340 | $25,080 | $70,260 |
| 2023 | $7,509 | $85,620 | $25,080 | $60,540 |
| 2022 | $7,310 | $80,580 | $25,080 | $55,500 |
| 2021 | $7,277 | $62,220 | $25,080 | $37,140 |
| 2020 | $5,458 | $62,940 | $25,080 | $37,860 |
| 2019 | $6,446 | $59,220 | $25,080 | $34,140 |
| 2018 | $6,281 | $30,812 | $10,054 | $20,758 |
| 2017 | $6,220 | $30,513 | $12,055 | $18,458 |
| 2016 | $5,760 | $28,814 | $13,120 | $15,694 |
| 2015 | $3,472 | $27,195 | $14,290 | $12,905 |
| 2014 | $3,472 | $25,677 | $15,043 | $10,634 |
Source: Public Records
Agents Affiliated with this Home
-
Kurt Vikki
-
Hiram Borrero
Seller Co-Listing Agent in 2019
Hiram Borrero
Revived Residential
(347) 688-2368
4 in this area
35 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10558635
APN: 00917-0011
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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