754 40th Street
Brooklyn, NY, 11232 $ 2,999,000
Bedrooms16 Baths8.0 Sq 7,104 Monthly Estimate*
$ 19,932
for $2,999,000 with 16 bedrooms and 8 full baths. This 7,104 square foot home was built in 2009 on a lot size of 0.057484.
Introducing an impressive 8-family brick house in the heart of Sunset Park, spanning 4 stories over a full and finished basement. This property features a total of 8 units, with 2 units situated on each floor. There is the possibility to convert the units into condos. The first floor and basement are thoughtfully configured as two duplex units, each boasting 2 bedrooms, 1 bathroom, a spacious living room, a well-equipped kitchen, and a dedicated dining area. Remarkably, the basement stands out with its high 8.5-foot ceilings, providing an expansive and comfortable living space. Adding to the allure, the 4 units on the 3rd and 4th floors feature charming balconies, offering residents a private outdoor retreat. The roof is fenced for security and privacy, enhancing the overall appeal of the property. The building is equipped with 8 boilers, 8 water heaters, 8 gas meters, and 9 electric meters ensuring efficient and individualized control for each unit. Building size 25*60 over Lot 25*100. Annual property tax of $14,465. Total annual income is $210,912 and total expenses are $26,500. Net income $184,412. This property is positioned near 8th avenue Chinatown, providing easy access to shops, restaurants, banks, and more amenities. Public transport nearby (D, R, N Train and B35, B70 Buses) Don't miss the opportunity to acquire this well-maintained and income-generating asset in the vibrant Sunset Park neighborhood.
See more
FeaturesInteriorHeating Fuel Gas
Flooring Hardwood Tile
Hot Water Gas
Full Baths 8
Half Baths 0
Three Quarter Bath 0
Beds Total 16
Total Baths 8.00
See more
GeneralRoof Asphalt/Tar Flat
Zoning R6B
Electric 110 V
Stories 4
Property Type Residential
Block 919
Yearly Taxes 14465.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Semi-Detached
Status Active
Construction Materials Brick
Cumulative Days on Market 114
MLS Area Sunset Park
Sub Type Multi-Family
Year Built 2009
City Brooklyn
DOM 114
# Families 8
Coming Soon Introducing an impressive 8-family brick house in the heart of Sunset Park spanning 4 stories over a full and finished basement. This property features a total of 8 units with 2 units situated on eac
See more
ExteriorExterior Brick
Foundation Poured Concrete
See more
Internal OnlyOriginating MLS Brooklyn New York MLS
See more
* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $19,932
- Monthly Property Taxes
- $1,205
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Brooklyn, NY
Average List Price $1,693,081
Percent of Sale Price 44%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/11/2024 | $2,999,000 | -9.09% | Price Down |
2/12/2024 | $3,299,000 | -5.74% | Price Down |
1/30/2024 | $3,500,000 | | Listed Price |