NOT LISTED FOR SALE

550 E 40th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $722,000 - $779,000

3 Beds
2 Baths
1,280 Sq Ft
$585/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2024

Last sale price $730,000 $570 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,859 / mo

9 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Formal Dining Room
  • P.S. 198 Brooklyn Rated 9+
  • Wood Flooring
  • Park

About This Home

As of September 2024

Now available is a magnificent single-family residence situated in the heart of Brooklyn. This exceptional property boasts three well-appointed bedrooms, two full bathrooms, a fully equipped kitchen, a spacious dining room, a comfortable living room, and a welcoming foyer leading to a fully finished walk-out basement. Additionally, it includes a private driveway and a family-friendly backyard, providing ample outdoor space. This meticulously maintained home is conveniently located on a tranquil, tree-lined street, just a short stroll from the 2 and 3 train lines. This remarkable opportunity should not be missed.

Last Agent to Sell the Property

Karen Marshall

Exit All Seasons Realty Brokerage Phone: 718-416-4411 License #40MA1131409 Listed on: 08/04/2024

Last Buyer's Agent

Ganeshpersau Samaroo

New York 1 Homes Network Inc License #10311208930

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,615

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Fenced

Parking

  • Shared Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • Ps 198 Elementary School
  • Andries Hudde Middle School
  • Midwood High School

Utilities

  • Zoned Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 34 / 4956
  • Assessor Parcel Number 04956-0034

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,615

Year Built

Built in 1920

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-416-4411
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: A/C Units,Refrigerator
  • Total Bedrooms: 3
  • AtticDescription: None
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Other, Brick, Vinyl Siding
  • Fencing: Fenced
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway

Utilities

  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Andries Hudde School

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04956-0034
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 5615
  • Tax Block: 4956
  • Tax Lot: 34
  • Tax Map Number: 04956-0034
  • IncludedInTaxes: Sewer

MLS Schools

  • Elementary School: Ps 198
  • High School: Midwood High School
  • Middle School District: Brooklyn 22

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

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
09/25/2024 09/25/24 Sold $730,000 +2.1% $570 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/04/2024 08/04/24 For Sale $715,000 -- $559 / Sq Ft
Source: OneKey® MLS

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Karen Marshall

    Exit All Seasons Realty

    1 in this area

    8 Total Sales

    Karen Marshall
    Section Image
  • Ganeshpersau Samaroo

    Buyer's Agent in 2024

    Ganeshpersau Samaroo

    New York 1 Homes Network Inc

    (347) 255-6260

    2 in this area

    21 Total Sales

    Ganeshpersau Samaroo
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3569397

OneKey® MLS

APN: 04956-0034

New York Kings County Brooklyn 11203 East Flatbush

550 E 40th St, Brooklyn, NY

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