NOT LISTED FOR SALE

662 40th St Brooklyn, NY 11232

Sunset Park Neighborhood

Estimated Value: $1,409,000 - $1,861,072

3 Beds
3 Baths
2,748 Sq Ft
$590/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $1,300,000 $473 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,047/month

84 Days on Market

About This Home

As of January 2022

Floor plan does not include the basement.

Make it your home at this gorgeous 2-family townhouse in central Sunset Park! Seriously, what's more central than having the park right behind your house?

The first level features a living room, a bedroom and a den/office space, with a brand-new bathroom and a recently updated kitchen. Your botanical dream will come true in its massive private garden with unlimited potential! Go upstairs and be greeted with its 5-room layout with closets throughout. Bedrooms, office space, dedicated dining room You got it all! Did we mention a fully finished basement that was recently updated?

With its original brick structure, wooden floor throughout, skylights, renovated roof 662 40th Street is great for both homeowners and investors alike. SCHEDULE YOUR SHOWING NOW!

Last Agent to Sell the Property

Nathan Xiang

Corcoran Group License #10401340911 Listed on: 09/29/2021

Corcoran Group

Co-Listed By

Daniel Chen

Corcoran Group License #10301217410

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,477

Lot Details

  • 1,873

Home Design

Interior Spaces

  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,477

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Rooms (Total): 12

Beds/Baths

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

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Jan 19, 2022
Sold by
Melendez Madeline
Bought by
Collado Wilson and Fisher Danielle
Seller's Agent
Nathan Xiang
Corcoran Group
List Price
$1,275,000
Sold Price
$1,300,000
Premium/Discount to List
$25,000
1.96%
Current Estimated Value
$1,622,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,018
Avg. Annual Appreciation
6.06%
Original Mortgage
$1,040,000
Outstanding Balance
$962,675
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$659,343

Purchase Details

Closed on
Aug 16, 2001
Sold by
Railey John and Railey Jacqueline
Bought by
Melendez Madeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,450
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Collado Wilson $1,300,000 --
Melendez Madeline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collado Wilson $1,040,000
Previous Owner Melendez Madeline $276,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2022 05/04/22 Off Market $1,300,000 -- --
01/21/2022 01/21/22 Sold $1,300,000 +2.0% $473 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $1,275,000 -- $464 / Sq Ft
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 $6,477 $95,520 $29,340 $66,180
2024 $6,477 $80,040 $29,340 $50,700
2023 $6,549 $93,240 $29,340 $63,900
2022 $6,379 $76,320 $29,340 $46,980
2021 $6,052 $83,700 $29,340 $54,360
2020 $4,539 $85,380 $29,340 $56,040
2019 $5,329 $87,660 $29,340 $58,320
2018 $5,180 $26,872 $12,000 $14,872
2017 $5,129 $26,630 $9,596 $17,034
2016 $4,715 $25,137 $10,117 $15,020
2015 $2,810 $23,736 $14,321 $9,415
2014 $2,810 $22,394 $15,451 $6,943
Source: Public Records

Agents Affiliated with this Home

  • Nathan Xiang

    Seller's Agent in 2022

    Nathan Xiang

    Corcoran Group

    (201) 375-0159

    1 in this area

    5 Total Sales

    Nathan Xiang
    Section Image
  • Daniel Chen

    Seller Co-Listing Agent in 2022

    Daniel Chen

    Corcoran Group

    (347) 509-5732

    4 in this area

    7 Total Sales

    Daniel Chen
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10754431

Real Estate Board of New York (REBNY)

APN: 00918-0032

New York Kings County Brooklyn 11232 Sunset Park

662 40th St, Brooklyn, NY

This home is located at 662 40th St, Brooklyn, NY 11232 since 29 September 2021 and is currently estimated at $1,622,018, approximately $590 per square foot. 662 40th St is a home located in Kings County with nearby schools including P.S. 24, Bnos Margulia Viznitz, and Yeshiva Chatzar Hakodesh Sanz.

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. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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