NOT LISTED FOR SALE

54 E 40th St Unit 1 Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $888,519

-- Bed
1 Bath
-- Sq Ft
1950 Built

About This Home

As of September 2024

Discover cozy city living in this delightful studio apartment at 54 E 40th St. Nestled in a well-maintained house, this basement unit offers a smart layout, perfect for maximizing space and comfort. Enjoy an open-plan living area, a well-equipped kitchenette. Conveniently located near public transportation and local amenities, this studio is an ideal urban retreat. Don't miss the chance to make this charming space your new home!

Last Agent to Rent the Property

Yonatan Teitelbaum

Corcoran Group License #10401368921 Listed on: 09/06/2024

Corcoran Group

Co-Listed By

Shloma Hecht

Corcoran Group License #10401257986

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1950

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property

Utilities

  • No Cooling

Community Details

  • No Home Owners Association
  • 2 Units
  • East Flatbush Subdivision

Listing and Financial Details

  • Property Available on 9/1/24
  • Legal Lot and Block 0009 / 04860

Property Details

Home Type

Apartment

Year Built

Built in 1950

Lot Details

0

Rental Info

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

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: East Flatbush
  • Architectural Style: Walk-Up
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: No
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Rental Building

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 1
  • Year Built: 1950

Tax Info

  • Tax Block: 04860
  • Tax Lot: 0009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2017
Sold by
Quarter Homes Llc
Bought by
Kaufman Chana
Current Estimated Value
$888,519

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
Outstanding Balance
$248,384
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$640,135

Purchase Details

Closed on
Feb 2, 2017
Sold by
Brodsky Shelby and Yentis Beverly
Bought by
Quarter Homes Llc

Purchase Details

Closed on
Feb 2, 2010
Sold by
Brodsky Shelby and Yentis Beverly
Bought by
Brodsky Shelby and Yentis Beverly
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
Kaufman Chana $580,000 --
Quarter Homes Llc $335,000 --
Brodsky Shelby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaufman Chana $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2024 09/15/24 Rented $1,600 +159900.0% --
09/15/2024 09/15/24 Under Contract -- -- --
08/20/2024 08/20/24 For Rent $1 -- --
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 $5,900 $33,900 $12,540 $21,360
2024 $5,900 $39,900 $12,540 $27,360
2023 $5,677 $42,240 $12,540 $29,700
2022 $5,265 $33,180 $12,540 $20,640
2021 $5,237 $29,640 $12,540 $17,100
2020 $2,603 $34,740 $12,540 $22,200
2019 $5,121 $34,740 $12,540 $22,200
2018 $4,749 $23,296 $7,803 $15,493
2017 $4,480 $21,979 $7,893 $14,086
2016 $4,145 $20,736 $8,844 $11,892
2015 $2,501 $20,736 $10,622 $10,114
2014 $2,501 $20,400 $12,540 $7,860
Source: Public Records

Agents Affiliated with this Home

  • Shloma Hecht

    Landlord's Co-Listing Agent in 2024

    Shloma Hecht

    Corcoran Group

    (347) 410-0838

    5 in this area

    10 Total Sales

    Shloma Hecht
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11007316

Real Estate Board of New York (REBNY)

APN: 04860-0009

New York Kings County Brooklyn 11203 East Flatbush

54 E 40th St Unit 1, Brooklyn, NY

Not Listed for Sale

MultiFamily

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