NOT LISTED FOR SALE

537 40th St Unit 2 Brooklyn, NY 11232

Sunset Park Neighborhood

Estimated Value: $1,429,565 - $2,086,000

3 Beds
2 Baths
1,000 Sq Ft
$1,672/Sq Ft Est. Value

Highlights

  • City View
  • No HOA
  • 5-minute walk to Sunset Park

About This Home

As of August 2024

Gorgeous condominium-quality three bedrooms and two full baths on 40th Street in Sunset Park. This 1000 SQF unit has a spacious living room, a modern kitchen, white stone countertops, stainless steel appliances, and a window with a view. Plenty of closet space, a master bedroom + two more great size bedrooms, two modern finished bathrooms, and a washer/dryer in the unit on the 2nd floor. You're located one block from Sunset Park, and all of the amazing shops, cafes, and restaurants, only 0.3 miles to express subway stop 36th St. (N, D & R), walk distance to Industrial City, and Park Slope is next door. A home of this quality is rarely available and should not be missed. Heat & hot water included.

Last Agent to Rent the Property

Fumiko Akiyama

Corcoran Group License #10401277229 Listed on: 07/24/2024

Corcoran Group

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Utilities

  • No Cooling

Community Details

  • No Home Owners Association
  • 3 Units
  • Sunset Park Subdivision

Listing and Financial Details

  • Property Available on 9/1/24
  • Legal Lot and Block 0057 / 00913

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-09-01

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Sunset Park
  • Architectural Style: Walk-Up
  • Entry Level: 2
  • Pets No Pets Comments: Size or Breed,
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1000.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 00913
  • Tax Lot: 0057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2018
Sold by
Felix Francisco
Bought by
537 40Th Street Llc
Current Estimated Value
$1,671,641

Purchase Details

Closed on
Oct 5, 2006
Sold by
Felix Francisco and Genao Jose Demetrio
Bought by
Felix Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,487
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
537 40Th Street Llc $1,230,000 --
Felix Francisco $184,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Felix Francisco $40,487
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Rented $3,650 0.0% --
08/12/2024 08/12/24 Under Contract -- -- --
07/24/2024 07/24/24 For Rent $3,650 +5.8% --
08/13/2023 08/13/23 Rented $3,450 0.0% --
08/04/2023 08/04/23 For Rent $3,450 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $7,426 $95,580 $25,800 $69,780
2024 $7,426 $98,220 $25,800 $72,420
2023 $7,509 $120,540 $25,800 $94,740
2022 $5,482 $95,880 $25,800 $70,080
2021 $7,277 $82,800 $25,800 $57,000
2020 $3,414 $93,240 $25,800 $67,440
2019 $6,446 $103,140 $25,800 $77,340
2018 $6,281 $30,812 $11,162 $19,650
2017 $6,220 $30,513 $10,031 $20,482
2016 $5,760 $28,814 $12,786 $16,028
2015 $3,472 $27,195 $13,541 $13,654
2014 $3,472 $25,677 $15,342 $10,335
Source: Public Records

Agents Affiliated with this Home

  • Fumiko Akiyama

    Landlord's Agent in 2024

    Fumiko Akiyama

    Corcoran Group

    (917) 607-4714

    9 Total Sales

    Fumiko Akiyama
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10995889

Real Estate Board of New York (REBNY)

APN: 00913-0057

New York Kings County Brooklyn 11232 Sunset Park

537 40th St Unit 2, Brooklyn, NY

Not Listed for Sale

MultiFamily

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