729 40th St Unit 3D Brooklyn, NY 11232
Sunset Park Neighborhood
2
Beds
1
Bath
720
Sq Ft
5,009
Sq Ft Lot
Highlights
- Security Guard
- Handicap Accessible
- Multiple cooling system units
About This Home
As of March 2025Nestled in the vibrant heart of Sunset Park, this stunning 2 bedroom, 2 bathroom condo offers a fusion of luxury and convenience. Boasting an elevator and large parking space, this residence is more than a home—it’s a haven.
Crafted for Sophistication and Warmth: Step inside to discover a meticulously maintained space.The apartment’s oversized windows bathe each room in natural light, accentuating the timeless elegance of the original hardwood floors. With spacious closets, the gift of ample storage ensures a clutter-free living environment.
A Culinary and Social Delight: The heart of the home, an open kitchen equipped with a welcoming window, invites both daylight and delightful gatherings. Beyond, a large balcony presents a serene outdoor escape, perfect for leisurely mornings or tranquil evenings.
Unrivaled Location, Unlimited Possibilities: Positioned mere steps from the enchanting Sunset Park, the convenience of this location cannot be overstated. Dive into the cultural tapestry of the 8th Ave shopping district, indulge in the latest culinary spots, Your Gateway to the Best of Brooklyn and Beyond: With the D, N, and R subways in close proximity, Sunset Park itself offers a myriad of recreational delights, from an Olympic-sized swimming pool and a fully equipped gym to a sprawling artificial grass soccer field and a lively sprinkler park.and the dynamic Industry City, where shopping, dining, and cultural events await.
A Rare Opportunity Awaits: This isn’t just an invitation to own a piece of Brooklyn—it’s a call to step into a life of unparalleled comfort and convenience. Why settle for renting when you can claim this exquisite condo as your own? Schedule your viewing today and discover why this Sunset Park treasure should be your next home. parking space for additionl 60k.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,984
Year Built
- Built in 2009
Parking
- 1 Parking Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Accessible Home Design
- Handicap Accessible
Utilities
- Multiple cooling system units
- Septic System
Listing and Financial Details
- Tax Block 915
- Property eligible for a tax abatement
Community Details
Overview
- 15 Units
- Association Phone (718) 855-0777
- Property managed by Bayshine
Security
- Security Guard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2024
Closed on
Mar 20, 2025
Sold by
Gao Shou Yi and Zheng Yan
Bought by
Chen Xi Hong and Chen Zhongliang
Seller's Agent
Zaiyou Zhu
RE/MAX Edge
Buyer's Agent
Zaiyou Zhu
RE/MAX Edge
List Price
$639,999
Sold Price
$548,000
Premium/Discount to List
-$91,999
-14.37%
Views
73
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.00%
Original Mortgage
$310,000
Outstanding Balance
$310,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$224,802
Purchase Details
Closed on
May 9, 2012
Sold by
U S Maan Fai R E Llc
Bought by
Gao Shou Yi and Zheng Yan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.88%
Map
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Similar Homes in Brooklyn, NY
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $548,000 | -- | |
| Deed | $334,620 | -- | |
| Deed | $334,620 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,000 | Purchase Money Mortgage | |
| Previous Owner | $198,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Sold | $548,000 | -8.7% | $761 / Sq Ft |
| 06/11/2024 06/11/24 | Price Changed | $599,999 | -1.6% | $833 / Sq Ft |
| 05/27/2024 05/27/24 | Price Changed | $610,000 | -1.6% | $847 / Sq Ft |
| 05/25/2024 05/25/24 | Price Changed | $619,999 | 0.0% | $861 / Sq Ft |
| 05/08/2024 05/08/24 | Price Changed | $620,000 | -0.8% | $861 / Sq Ft |
| 04/15/2024 04/15/24 | Price Changed | $625,000 | -2.3% | $868 / Sq Ft |
| 03/23/2024 03/23/24 | For Sale | $639,999 | -- | $889 / Sq Ft |
| 03/23/2024 03/23/24 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
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 |
|---|---|---|---|---|
| 2024 | $3,801 | $77,807 | $4,266 | $73,541 |
| 2023 | $1,947 | $76,662 | $4,266 | $72,396 |
| 2022 | $146 | $74,215 | $4,266 | $69,949 |
| 2021 | $146 | $67,278 | $4,266 | $63,012 |
| 2020 | $72 | $75,191 | $4,266 | $70,925 |
| 2019 | $150 | $79,569 | $4,266 | $75,303 |
| 2018 | $151 | $66,369 | $4,266 | $62,103 |
| 2017 | $151 | $57,378 | $4,266 | $53,112 |
| 2016 | $154 | $53,742 | $4,266 | $49,476 |
| 2015 | $120 | $45,122 | $4,266 | $40,856 |
| 2014 | $120 | $44,381 | $4,266 | $40,115 |
Source: Public Records
Source: Brooklyn Board of REALTORS®
MLS Number: 480789
APN: 00915-1212
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