NOT LISTED FOR SALE

538 E 40th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $741,155

3 Beds
2.5 Baths
576 Sq Ft
$1,287/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2025

Last sale price $740,000 $1,285 Per Sq Ft

Current estimated payment $4,688 / mo

52 Days on Market

Highlights

  • Green Building
  • P.S. 198 Brooklyn Rated 9+
  • Garage

About This Home

As of August 2025

Move-In Ready 3-Bedroom Gem on a Tree-Lined Street in East Flatbush

Nestled on a quiet, tree-lined street in the heart of East Flatbush, this beautifully updated 3-bedroom, 2-bath home offers the perfect blend of Brooklyn charm and modern comfort. From the moment you arrive, you'll appreciate the peaceful residential feel, all while being minutes from vibrant local amenities. The home features a private driveway, full garage, and a spacious backyard-ideal for relaxing or entertaining. Inside, enjoy an upgraded kitchen with contemporary finishes, two full bathrooms, and generous living spaces throughout. With brand-new mechanicals and a full-sized washer and dryer, this home is truly move-in ready. A rare opportunity to own a turn-key property on one of the neighborhood's most desirable blocks.

Last Agent to Sell the Property

Phillip Acha

Brown Harris Stevens Residential Sales LLC License #40AC1134177 Listed on: 04/21/2025

Brown Harris Stevens Residential Sales LLC

Last Buyer's Agent

Direct Deal Listing

Direct Deal License #A

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100.00x20.00

Parking

  • Garage

Home Design

  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Additional Features

  • 2-Story Property
  • No Cooling
  • Basement

Community Details

  • Farragut Subdivision

Listing and Financial Details

  • Legal Lot and Block 0028 / 04956

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,000

Year Built

Built in 1920

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Farragut
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2025-08-14", "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": "2026-08-05T19:49:23.933-00:00", "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": "219", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1111987861, "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": "30712978", "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": "1111987861", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"0\",\n \"PercentOfCommonElements\": \"0.00\",\n \"FlipTax\": \"0.00\",\n \"LandmarkStatusYN\": \"0\",\n \"CapitalReservesYN\": \"0\",\n \"BuildingTaxLot\": \"0028\",\n \"BuildingSmokeFreeYN\": \"1\",\n \"PrivateOutdoorSpaceSize\": \"LessThan60SqFt\",\n \"ViewRemarks\": \" \",\n \"BuyerAgentRLSParticipantYN\": \"1\",\n \"SponsorUnitYN\": \"0\",\n \"CertificateOfOccupancyYN\": \"1\",\n \"TaxAbatementYN\": \"0\",\n \"AttendanceType\": \"None\",\n \"ListingKey\": \"1111987861\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658914", "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": "36.00x16.00", "PropertySubType": "Single Family Residence", "UnitLocation": "1", "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: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 100.00x20.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 04956
  • Tax Lot: 0028
  • Tax Annual: 6000.0

Multi Family

  • Building Area Units: Square Feet

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
Apr 21, 2025
Closed on
Aug 13, 2025
Sold by
Miranda Michael and Miranda Naimah
Bought by
Seller's Agent
Phillip Acha
Brown Harris Stevens Residential Sales LLC
Buyer's Agent
Direct Deal Listing
Direct Deal
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Views
113
Current Estimated Value
$741,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,155
Avg. Annual Appreciation
0.14%
Original Mortgage
$666,000
Outstanding Balance
$658,861
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,294

Purchase Details

Closed on
Jul 9, 2019
Sold by
Lilavois-Raymond Valencia and Raymond Wilkens
Bought by
Miranda Michael and Miranda Naimah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,650
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2006
Sold by
Raymond Lucie and Raymond Wilfrid
Bought by
Raymond Wilkens and Raymond Valencia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
6.26%
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

  • Vincent Koo Real Estate Agent - EXP Realty

    Vincent Koo

    EXP Realty

    (929) 552-9370

    94 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

    54 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

    171 Total Sales

    2 in East Flatbush

    $725K - $750K Price Range

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

    Kenneth Trestka

    Ken Trestka Real Estate Inc

    (934) 223-2833

    88 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
  • Yadlynd Cherubin Real Estate Agent - Keller Williams Realty Greater

    Yadlynd Cherubin

    Keller Williams Realty Greater

    (646) 542-0039

    153 Total Sales

    3 in East Flatbush

    $610K - $1.1M Price Range

    Yadlynd Cherubin
     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
$740,000 --
Miranda Michael $587,000 --
Raymond Wilkens $345,000 --
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 $666,000
Closed Miranda Michael $11,080
Closed -- $557,650
Previous Owner Raymond Wilkens $310,500
Closed Raymond Lucie $100,000
Previous Owner Raymond Lucie $30,949
Previous Owner Raymond Lucie $25,000
Previous Owner Raymond Wilfrid $3,383
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
08/14/2025 08/14/25 Sold $740,000 0.0% $1,285 / Sq Ft
08/14/2025 08/14/25 Price Changed $740,000 -1.3% $1,285 / Sq Ft
06/12/2025 06/12/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $750,000 -- $1,302 / 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 $6,045 $44,460 $12,420 $32,040
2025 $5,999 $39,060 $12,420 $26,640
2024 $5,999 $42,000 $12,420 $29,580
2023 $5,722 $43,260 $12,420 $30,840
2022 $5,307 $38,700 $12,420 $26,280
2021 $5,278 $37,200 $12,420 $24,780
2020 $2,624 $29,880 $12,420 $17,460
2019 $5,206 $29,880 $12,420 $17,460
2018 $4,786 $23,480 $10,873 $12,607
2017 $4,516 $22,152 $10,445 $11,707
2016 $4,178 $20,901 $11,180 $9,721
2015 $2,301 $20,901 $12,390 $8,511
2014 $2,301 $20,740 $12,294 $8,446
Source: Public Records

Agents Affiliated with this Home

  • Phillip Acha Real Estate Agent - Brown Harris Stevens Residential Sales LLC

    Seller's Agent in 2025

    Phillip Acha

    Brown Harris Stevens Residential Sales LLC

    (646) 678-6203

    1 in this area

    22 Total Sales

    Phillip Acha
    Section Image

  • DL

    Buyer's Agent in 2025

    Direct Deal Listing

    Direct Deal

See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20017699

Real Estate Board of New York (REBNY)

APN: 04956-0028

New York Kings County Brooklyn 11203 East Flatbush

538 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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