NOT LISTED FOR SALE

940 40 St Unit 3A Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $528,000 - $952,000

1 Bed
1 Bath
640 Sq Ft
2,526 Sq Ft Lot

Last Sold June 16, 2021

Last sale price $492,000 $769 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,372/month

Highlights

  • Wood Flooring
  • 3-minute walk to 9 Avenue
  • Laundry Facilities
  • I.S. 223 The Montauk Rated A-
  • Multiple cooling system units
  • 3-minute walk to Brizzi Playground

About This Home

As of June 2021

Desirable location, 2 years old Condo, Hardwood Floors, Eat-In Kitchen, Balcony, Laundry in unit. Very convenient to restaurants, groceries and other shopping stores. 12 years abasement, close to school and D train station.

Last Agent to Sell the Property

Zhang Xian Jin

RE/MAX Edge License #10401336169 Listed on: 09/23/2020

RE/MAX Edge

Last Buyer's Agent

Jie Min Xia

Momentum Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $180

Year Built

  • Built in 2014

Lot Details

  • 2,526

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 640 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 5586
  • Property eligible for a tax abatement

Community Details

Overview

  • 7 Units
  • Association Phone (917) 886-1360
  • The 940 40Th Street Condominium Condos
  • Property managed by 940 40th street condominium

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$180

Year Built

Built in 2014

Lot Details

2,526 Sq Ft Lot

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 9th Avenue
  • Cross Street Name2: 39th Street
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 300.00
  • Negotiate Thru: Broker
  • Parking Attributes: None
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Laundry Area
  • Fill Sq Ft Total: 640
  • Street Name I D X: 40
  • Waterfront Present: No
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Entry Floor: 3
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Attached
  • Lot Number: 1105

Utilities

  • Air Conditioning Units: 3
  • Utilities: Water

Condo/Co-op/Association

  • Management Company: 940 40th street condominium
  • Manager Phone: 917-886-1360
  • Units In Building: 7

Lot Info

  • Building Project Name: The 940 40th street condominium

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 180.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jun 16, 2021
Sold by
Yu Shuying and Yu Zhi Qing
Bought by
Wu Jin Song and Zhuang Xiuzhen
Seller's Agent
Zhang Xian Jin
RE/MAX Edge
Buyer's Agent
Jie Min Xia
Momentum Real Estate LLC
Sold Price
$492,000
Current Estimated Value
$652,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,403
Avg. Annual Appreciation
6.16%
Original Mortgage
$270,000
Outstanding Balance
$244,451
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$407,952

Purchase Details

Closed on
Oct 17, 2017
Sold by
Myw Realty Llc
Bought by
Yu Shuying and Yu Zhi Qing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wu Jin Song $492,000 --
Yu Shuying $489,762 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Jin Song $270,000
Previous Owner Yu Shuying $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $492,000 -- $769 / Sq Ft
09/23/2020 09/23/20 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
2025 $185 $47,961 $5,991 $41,970
2024 $185 $39,958 $5,991 $33,967
2023 $181 $39,349 $5,991 $33,358
2022 $181 $38,644 $5,992 $32,652
2021 $178 $45,461 $5,992 $39,469
2020 $184 $41,131 $5,992 $35,139
2019 $185 $41,131 $5,992 $35,139
2018 $0 $34,266 $5,992 $28,274
Source: Public Records

Agents Affiliated with this Home

  • Zhang Xian Jin

    Seller's Agent in 2021

    Zhang Xian Jin

    RE/MAX Edge

    2 in this area

    22 Total Sales

    Zhang Xian Jin
    Section Image

  • J

    Buyer's Agent in 2021

    Jie Min Xia

    Momentum Real Estate LLC

    (718) 382-0001

    3 in this area

    62 Total Sales

    Jie Min Xia
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 443942

Brooklyn Board of REALTORS®

APN: 05586-1105

New York Kings County Brooklyn 11219 Borough Park

940 40 St Unit 3A, Brooklyn, NY

Not Listed for Sale

Condos

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