920 40th St Brooklyn, NY 11219
Borough Park NeighborhoodEstimated payment $7,458/month
Total Views
3,965
5
Beds
3
Baths
2,000
Sq Ft
$640
Price per Sq Ft
Highlights
- Colonial Architecture
- 2-minute walk to 9 Avenue
- Heating System Uses Steam
- I.S. 223 The Montauk Rated A-
- Porch
- 3-minute walk to Brizzi Playground
About This Home
Two Family in a Great Convenient Sunset Park Location!
Welcome to a charming two-family home located in a heart of Sunset Park. This fully attached property offers the perfect opportunity for both owner users and investors looking to capitalize on the growing demand for multi-family living in this vibrant neighborhood. The property currently configures with three bedrooms on the second floor over two bedrooms on the first floor. There is a spacious backyard along with a finished basement that can provide for additional space.
The property is located on a block zoned R-6 which allows for additional square footage expansion possibilities. The super convenient location is just minutes to Sunset Park, great schools in the area, 8th Avenue and 5th Avenue retail/shopping districts, great restaurants in the local area, parks and playgrounds, and easy access to D, N and R trains. With the growing popularity of Sunset Park, this property presents an excellent opportunity for rental income in a highly desirable area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,958
Year Built
- Built in 1920
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back and Front Yard
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Flat Roof Shape
- Block Foundation
- Wood Frame Construction
- Vinyl Siding
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Carpet
- Linoleum
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Porch
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 5586
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,958 | $79,740 | $20,040 | $59,700 |
| 2024 | $5,958 | $91,320 | $20,040 | $71,280 |
| 2023 | $5,762 | $80,700 | $20,040 | $60,660 |
| 2022 | $5,407 | $66,300 | $20,040 | $46,260 |
| 2021 | $5,512 | $71,400 | $20,040 | $51,360 |
| 2020 | $4,134 | $62,580 | $20,040 | $42,540 |
| 2019 | $5,171 | $62,580 | $20,040 | $42,540 |
| 2018 | $4,820 | $23,644 | $6,478 | $17,166 |
| 2017 | $4,601 | $22,572 | $7,059 | $15,513 |
| 2016 | $4,363 | $21,825 | $8,999 | $12,826 |
| 2015 | $2,568 | $21,819 | $11,198 | $10,621 |
| 2014 | $2,568 | $20,601 | $10,371 | $10,230 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Price Changed | $1,280,000 | -5.1% | $640 / Sq Ft |
| 02/20/2025 02/20/25 | For Sale | $1,349,000 | -- | $675 / Sq Ft |
| 02/20/2025 02/20/25 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $170,000 | First American Title Ins Co | |
| Deed | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,898 | No Value Available | |
| Closed | $54,438 | No Value Available | |
| Previous Owner | $90,000 | No Value Available |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Brooklyn Board of REALTORS®
MLS Number: 489378
APN: 05586-0017
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