NOT LISTED FOR SALE

512 40th St Brooklyn, NY 11232

Sunset Park Neighborhood

Estimated Value: $1,454,093

7 Beds
3 Baths
2,216 Sq Ft
$656/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2019

Last sale price $1,165,000 $526 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,545 / mo

140 Days on Market

About This Home

As of September 2019

Do 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.

Last Agent to Sell the Property

Kurt Vikki

Compass License #10401239518 Listed on: 11/07/2018

Compass

Co-Listed By

Hiram Borrero

Revived Residential License #10401235120

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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
  • Sunset Park Subdivision

Listing and Financial Details

  • Tax Block 917

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

1,713 Acres

Listing Details

  • Cross Street: 5th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Sunset Park
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2019-09-18", "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": "2026-08-05T18:21:27.467-00:00", "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": "51", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1091888278, "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": "2914729", "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": "1091888278", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": false, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"0\",\n \"BuildingTaxLot\": \"11\",\n \"UnitLine\": \"0\",\n \"FurnishedListPrice\": \"0.00\",\n \"ListingKey\": \"1091888278\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658911", "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": "0", "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: 2

Interior Features

  • Living Area: 2216.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 917

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
Nov 7, 2018
Closed on
Sep 18, 2019
Sold by
Diaz Carlos
Bought by
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
$1,454,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,093
Avg. Annual Appreciation
3.22%
Original Mortgage
$680,000
Outstanding Balance
$581,058
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$873,035
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

  • 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
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  • Gabriel Kashi Real Estate Agent - KEYSTONE REALTY USA CORP

    Gabriel Kashi

    KEYSTONE REALTY USA CORP

    (347) 658-5258

    407 Total Sales

    1 in Sunset Park

    $1,550,000 Price

    Gabriel Kashi
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  • Hiram Borrero Real Estate Agent - Revived Residential

    Hiram Borrero

    Revived Residential

    (888) 613-3019

    34 Total Sales

    2 in Sunset Park

    $600K - $1.6M Price Range

    Hiram Borrero
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  • Dazhi Simon Su Real Estate Agent - Re/Max Edge

    Dazhi Simon Su

    Re/Max Edge

    (646) 718-5880

    69 Total Sales

    4 in Sunset Park

    $1.3M - $1.6M Price Range

    Dazhi Simon Su
     Section Image
  • Madeline Caudiano Real Estate Agent - RE/MAX Elite

    Madeline Caudiano

    RE/MAX Elite

    (844) 643-0562

    40 Total Sales

    1 in Sunset Park

    $599,000 Price

    Madeline Caudiano
     Section Image
  • Allan Zhu Real Estate Agent - RE/MAX Edge

    Allan Zhu

    Responds Quickly

    RE/MAX Edge

    (833) 369-2730

    102 Total Sales

    4 in Sunset Park

    $635K - $1.9M Price Range

    Allan Zhu
     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
$1,165,000 --
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 $298,000
Open Jiang's Family I Llc $680,000
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
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

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 $9,941 $81,060 $25,080 $55,980
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
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 Real Estate Agent - Compass

    Seller's Agent in 2019

    Kurt Vikki

    Compass

    (917) 642-0908

    5 in this area

    26 Total Sales

    Kurt Vikki
    Section Image
  • Hiram Borrero Real Estate Agent - Revived Residential

    Seller Co-Listing Agent in 2019

    Hiram Borrero

    Revived Residential

    (347) 688-2368

    2 in this area

    34 Total Sales

    Hiram Borrero
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10558635

Real Estate Board of New York (REBNY)

APN: 00917-0011

New York Kings County Brooklyn 11232 Sunset Park

512 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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