$917,000
$12K PRICE DROP

Estimated payment $5,362/month

Total Views 29,577
3 Beds
3.5 Baths
1,440 Sq Ft
$637 Price per Sq Ft

Highlights

  • Open Floorplan
  • Granite Countertops
  • Fireplace
  • Traditional Architecture
  • Stainless Steel Appliances
  • 4-minute walk to Paerdegat Park

About This Home

Exquisite Home in East Flatbush – 786 E. 40th St. – A Luxurious Modern Haven!
Welcome to 786 E. 40th St., a meticulously designed and impeccably maintained residence in the heart of East Flatbush. This stunning three-bedroom, 2.5-bathroom home offers a perfect blend of elegance, comfort, and functionality, making it an absolute dream for any homeowner.
Key Features:
• Modern & Spacious Layout – Thoughtfully crafted with beautiful hardwood floors, contemporary finishes, and a seamless flow that makes every inch of this home feel inviting.
• Brand-New Mini Split Units in Every Room – Enjoy customized climate control with newly installed energy-efficient mini split units in every room, ensuring year-round comfort.
• Chef’s Dream Kitchen – Featuring sleek quartz countertops, high-end stainless steel appliances, custom white cabinetry, and a stylish backsplash, creating a space that’s both functional and breathtaking.
• Sophisticated Living Room – Designed with a built-in fireplace, custom cabinetry, and a stunning entertainment area, perfect for hosting or unwinding in style.
• Serene Outdoor Retreat – A private backyard oasis featuring elegant outdoor seating, making it the ideal setting for entertaining or relaxing.
• Sunroom Sanctuary – A bright and airy space with large windows and direct access to the backyard, perfect for enjoying a morning coffee or an evening read.
• Versatile Basement with Private Entrance – A fully finished lower level that can serve as a family room, guest suite, or an in-law apartment, offering endless possibilities.
• Private Driveway & Garage – A rare Brooklyn luxury, providing parking for two cars and additional storage.
• Furniture Negotiable – The home has been expertly designed and decorated, and select furniture pieces can be included in the sale.
Prime Location:
Nestled in the vibrant neighborhood of East Flatbush, this home is just steps away from a beautiful park, offering a perfect balance of tranquility and urban convenience. Close to shopping, dining, and public transportation, this location is unbeatable.
This isn’t just a home—it’s a masterpiece. Whether you’re looking for luxury, comfort, or a move-in-ready dream home, 786 E. 40th St. is ready to exceed your expectations.

Listing Agent

Christopher Lee

Moving Keyz Realty Brokerage Phone: 917-514-8337 License #10311209277 Listed on: 07/07/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,229

Year Built

  • Built in 1920

Lot Details

  • 2,100 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • Open Floorplan
  • Woodwork
  • Recessed Lighting
  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Ps 91 Albany Ave Elementary School
  • Brooklyn Institute For Liberal Arts Middle School
  • Brooklyn Academy Of Sci & Environ High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05014-0054

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,229

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Traditional
  • Property SubType: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: 917-514-8337
  • Carport Y N: No
  • CurrentPrice: 917000.00
  • MlsMajorChangeType: Price Decrease
  • CurrentPrice_By_LivingArea: 636.80556
  • ListPrice_By_LivingArea: 636.80556
  • ListPrice_By_OriginalListPrice: 0.98708
  • ListPrice_By_LotSizeAcres: 19024896.2656
  • LivingAreaSearchSqFt: 1440.00
  • CurrentPrice_By_BuildingAreaTotal: 636.80556
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Electric Range, Exhaust Fan, Gas Cooktop, Gas Oven, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Gas Water Heater
  • Interior Amenities: Granite Counters, Natural Woodwork, Open Floorplan, Recessed Lighting
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1440
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Cooling: Ductless
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Brooklyn Institute For Liberal Arts

Lot Info

  • Lot Size Acres: 0.0482
  • Lot Size Sq Ft: 2100
  • Parcel Number: 05014-0054
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 6229.16
  • Tax Year: 2024

MLS Schools

  • Elementary School: Ps 91 Albany Ave School
  • High School: Brooklyn Academy Of Sci & Environ
  • Middle School District: Brooklyn 17

Map

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,229 $38,940 $12,660 $26,280
2024 $6,229 $41,880 $12,660 $29,220
2023 $5,943 $38,700 $12,660 $26,040
2022 $5,563 $31,680 $12,660 $19,020
2021 $5,655 $27,600 $12,660 $14,940
2020 $2,309 $35,580 $12,660 $22,920
2019 $4,402 $35,580 $12,660 $22,920
2018 $3,992 $24,384 $9,545 $14,839
2017 $4,240 $23,223 $10,166 $13,057
2016 $4,003 $22,394 $10,788 $11,606
2015 $2,423 $22,394 $13,357 $9,037
2014 $2,423 $21,538 $12,846 $8,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2025 10/21/25 Price Changed $917,000 -1.3% $637 / Sq Ft
07/07/2025 07/07/25 For Sale $929,000 +27.3% $645 / Sq Ft
12/29/2020 12/29/20 Sold $730,000 0.0% $507 / Sq Ft View Prior Sale
10/26/2020 10/26/20 Pending -- -- --
10/17/2020 10/17/20 Off Market $730,000 -- --
10/05/2020 10/05/20 For Sale $669,999 -- $465 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $730,000 --
Deed $394,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $584,000 Purchase Money Mortgage
Previous Owner $285,795 New Conventional
Source: Public Records

Source: OneKey® MLS

MLS Number: 886273

OneKey® MLS

APN: 05014-0054