NOT LISTED FOR SALE

554 E 40th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $727,426

3 Beds
2 Baths
1,280 Sq Ft
$568/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2020

Last sale price $610,000 $477 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,633 / mo

2338 Days on Market

About This Home

As of May 2020

Hot Property Don't Miss It! This is a lovely one family semi-detached home on a beautiful, quiet block in East Flatbush. **Walk inside to a wide entry area, then into an open spacious living room and dining area with lots of windows for light. In the back is the kitchen with access to the backyard and the basement. **2nd FLOOR: Upstairs there is a queen size bedroom to the back, a nice size middle bedroom, then a full-size bathroom and a large master bedroom to the front. **BASEMENT: Access from the backyard and main floor kitchen. Left of the basement steps is the laundry area and a separate room for the heating area. Then the basement is an open concept with 8-foot ceilings, windows, 3/4 bath with shower, sink area with cabinets. **CONVENIENCES: B8 Bus up the block straight to Newkirk 2 & 5 trains, Paerdegat Park one block away, Public Schools, churches walking distance and shops. Hurry and Get It Before It's Gone For Good!

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
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • East Flatbush Subdivision

Listing and Financial Details

  • Legal Lot and Block 35 / 4956

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Clarendon Road/Avenue D
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: East Flatbush
  • Architectural Style: Prewar
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2020-05-27", "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": "2026-08-05T15:31:44.863-00:00", "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": "5885", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1091949811, "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": "2606689", "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": "1091949811", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"0\",\n \"CertificateOfOccupancyYN\": \"0\",\n \"LandmarkStatusYN\": \"0\",\n \"BuildingTaxLot\": \"35\",\n \"ListingKey\": \"1091949811\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658944", "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": "Single Family Residence", "UnitLocation": null, "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: Detached
  • Stories: 2

Interior Features

  • Living Area: 1280.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 4956
  • Tax Lot: 35

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
Feb 1, 2020
Closed on
May 28, 2020
Sold by
Johnson Anthony and Johnson Shanda
Bought by
List Price
$610,000
Sold Price
$610,000
Current Estimated Value
$727,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,426
Avg. Annual Appreciation
2.83%
Original Mortgage
$579,500
Outstanding Balance
$502,119
Interest Rate
3.3%
Estimated Equity
$225,307

Purchase Details

Closed on
Apr 26, 2007
Sold by
Jacques Patrick and Semple Jacques Gail
Bought by
Johnson Anthony and Johnson Shanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.21%

Purchase Details

Closed on
Jul 18, 2003
Sold by
Gail Wallerson and Gail Semple
Bought by
Jacques His Wife Gail Semple and Jacques Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,310
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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

  • Edzer Milien Real Estate Agent - Keller Williams Realty Empire

    Edzer Milien

    Keller Williams Realty Empire

    (347) 269-4973

    4 Total Sales

    2 in East Flatbush

    $685,000 Price Range

    Edzer Milien
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  • Charles Farraj Real Estate Agent - Weichert Realtors 1st Premier

    Charles Farraj

    Responds Quickly

    Weichert Realtors 1st Premier

    (646) 971-1880

    18 Total Sales

    1 in East Flatbush

    $650,000 Price

    Charles Farraj
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  • Joseph DeVito Real Estate Agent - BHHS Fillmore R.E.

    Joseph DeVito

    BHHS Fillmore R.E.

    (877) 719-3170

    43 Total Sales

    3 in East Flatbush

    $260K - $910K Price Range

    Joseph DeVito
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  • 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
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  • 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
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  • 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
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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
$610,000 --
Johnson Anthony $420,000 --
Jacques His Wife Gail Semple -- --
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 -- $579,500
Previous Owner Johnson Anthony $336,000
Closed Jacques Patrick $125,000
Closed -- $37,310
Closed Semple Gail A $15,000
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
05/27/2020 05/27/20 Sold $610,000 0.0% $477 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
12/10/2013 12/10/13 For Sale $610,000 -- $477 / 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 $6,317 $44,460 $12,420 $32,040
2025 $5,960 $40,860 $12,420 $28,440
2024 $5,960 $42,000 $12,420 $29,580
2023 $5,685 $42,480 $12,420 $30,060
2022 $5,588 $38,280 $12,420 $25,860
2021 $5,710 $37,200 $12,420 $24,780
2020 $2,596 $33,180 $12,420 $20,760
2019 $4,880 $29,880 $12,420 $17,460
2018 $4,458 $23,328 $11,256 $12,072
2017 $4,456 $23,328 $12,102 $11,226
2016 $4,210 $22,608 $12,251 $10,357
2015 $2,459 $21,842 $13,117 $8,725
2014 $2,459 $20,606 $12,374 $8,232
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10603511

Real Estate Board of New York (REBNY)

APN: 04956-0035

New York Kings County Brooklyn 11203 East Flatbush

554 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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