Danielle Jabour
Jabour Realty Company
(551) 267-7250
82 Total Sales
3 in Borough Park
$825K - $1.7M Price Range
938 40th St Brooklyn, NY 11219
Borough Park Neighborhood
--
Bed
4
Baths
2,600
Sq Ft
2,003
Sq Ft Lot
Highlights
- Wood Flooring
- 3-minute walk to 9 Avenue
- Hot Water Heating System
- I.S. 223 The Montauk Rated A-
- Multiple cooling system units
- 3-minute walk to Brizzi Playground
About This Home
As of April 2026Introducing this well-maintained 4-family property at 938 40th Street. The building features a desirable layout with two 2-bedroom units and two 3-bedroom units, plus a finished basement. Each unit has separate boiler heat along with separate gas and electric meters, keeping expenses efficient. Conveniently located near transportation, shopping, and local amenities—ideal for investors or end-users.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,439
Year Built
- Built in 1930
Lot Details
- 2,003 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back Yard
Home Design
- Flat Roof Shape
- Poured Concrete
- Vinyl Siding
Interior Spaces
- 4 Full Bathrooms
- 2,600 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Wood
- Tile
Utilities
- Multiple cooling system units
- Hot Water Heating System
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5586
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $100
- Insurance Expense $4,250
- Utility Expense $200
- Gross Income $100,800
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
Jan 2, 2026
Closed on
Apr 29, 2026
Sold by
Bought by
Seller's Agent
Fei Chan Lin
Tiger Realty
Buyer's Agent
Fei Chan Lin
Tiger Realty
List Price
$1,890,000
Sold Price
$1,550,000
Premium/Discount to List
-$340,000
-17.99%
Views
16
Purchase Details
Closed on
Apr 21, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.71%
Purchase Details
Closed on
Apr 23, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
5.39%
Purchase Details
Closed on
Aug 7, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,719
Interest Rate
7.73%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 23, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,719
Interest Rate
7.73%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 28, 1998
Sold by
Bought by
Purchase Details
Closed on
Jan 30, 1998
Sold by
Bought by
Purchase Details
Closed on
Feb 29, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Borough Park, NY
-
Danielle Jabour
-
Thomas Dalcamo
Thomas Dalcamo
Real Broker NY LLC
(551) 203-9501
44 Total Sales
1 in Borough Park
$1,721,000 Price
-
Patricia Ottati
Patricia Ottati
BERKSHIRE HATHAWAY
(347) 970-8775
29 Total Sales
1 in Borough Park
$2,200,000 Price
-
Niccolo Saraceno
Niccolo Saraceno
eXp Realty
(860) 901-1148
23 Total Sales
1 in Borough Park
$2,650,000 Price
-
Danny Chung
Danny Chung
Responds Quickly(866) 968-7198
94 Total Sales
1 in Borough Park
$1,800,000 Price
-
Anthony Parascandolo
Anthony Parascandolo
Responds QuicklyRE/MAX Elite
(347) 952-7649
51 Total Sales
2 in Borough Park
$1,201,000 Price Range
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 |
|---|---|---|---|
| $1,550,000 | -- | ||
| -- | Old Republic National Title In | ||
| $990,000 | -- | ||
| -- | -- | ||
| $485,000 | -- | ||
| $279,000 | -- | ||
| $170,000 | -- | ||
| $245,000 | -- | ||
| $272,000 | -- | ||
| $158,000 | -- | ||
| $202,000 | -- |
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 |
|---|---|---|---|
| Closed | $830,000 | ||
| Previous Owner | $495,000 | ||
| Previous Owner | $250,000 | ||
| Closed | $128,000 | ||
| Closed | $100,000 | ||
| Closed | $25,000 | ||
| Previous Owner | $363,750 | ||
| Closed | $5,468 | ||
| Closed | $276,719 |
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 |
|---|---|---|---|---|
| 04/29/2026 04/29/26 | Sold | $1,550,000 | -8.3% | $596 / Sq Ft |
| 02/04/2026 02/04/26 | Price Changed | $1,690,000 | -5.6% | $650 / Sq Ft |
| 01/21/2026 01/21/26 | Price Changed | $1,790,000 | -5.3% | $688 / Sq Ft |
| 01/02/2026 01/02/26 | For Sale | $1,890,000 | -- | $727 / Sq Ft |
| 01/02/2026 01/02/26 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
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 | $10,930 | $330,750 | $75,600 | $255,150 |
| 2025 | $10,418 | $296,550 | $75,600 | $220,950 |
| 2024 | $10,418 | $247,050 | $75,600 | $171,450 |
| 2023 | $10,222 | $229,050 | $75,600 | $153,450 |
| 2022 | $9,489 | $273,600 | $75,600 | $198,000 |
| 2021 | $8,792 | $247,050 | $75,600 | $171,450 |
| 2020 | $4,017 | $247,860 | $75,600 | $172,260 |
| 2019 | $8,015 | $247,860 | $75,600 | $172,260 |
| 2016 | $7,038 | $56,954 | $26,578 | $30,376 |
| 2015 | $4,547 | $53,094 | $27,874 | $25,220 |
| 2014 | $4,547 | $50,679 | $30,960 | $19,719 |
Source: Public Records
Agents Affiliated with this Home
-
Fei Chan Lin
F
Seller's Agent in 2026
Fei Chan Lin
Tiger Realty
(646) 683-6388
1 in this area
12 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 498098
APN: 05586-0023 01
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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