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Map
$1,350,000
●
Multifamily -
In Contract
197 E 40th Street
East Flatbush, NY 11203
6 Beds
4 Baths
$7,510
Estimated Monthly
$0
HOA / Fees
8.77%
Cap Rate
About This Property
Discover the advantages of owning a multi-family living in East
Flatbush! Nestled on a serene tree-lined street, 197 E 40th Street
offers an incredible opportunity for investors and homeowners
alike. This spacious gem boasts an ideal layout with four distinct
units, providing an impressive array of living options. This
multi-family residence is brilliantly designed for both convenience
and comfort. The basement features a cozy 1-bedroom unit, while the
first floor boasts a well-appointed 2-bedroom, 1-bathroom unit. On
the second floor, you'll find a generous 3-bedroom, 1-bathroom unit
with ample space. The third floor completes this exceptional
property with a 2-bedroom, 1-bathroom unit that offers versatile
living arrangements. This property is a rare find, promising
versatility, and potential for rental income. With proximity to
schools, shopping, and transportation, it's a smart investment in a
burgeoning neighborhood. Don't miss out on the chance to make 197 E
40th Street your next home or investment opportunity! Schedule your
viewing today and witness the endless possibilities it holds.
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$881
HOA Dues
-
Year Built
2007
Listed By
Last updated: 2 months ago (OneKey MLS #ONE3510072)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 28, 2024 | In contract | - | |
In contract | |||
Oct 11, 2023 | Listed by Redfin Real Estate | $1,350,000 | |
Listed by Redfin Real Estate | |||
Dec 30, 2008 | Sold to Camille Louison, Dave Louison | $687,727 | |
Sold to Camille Louison, Dave Louison |
Property Highlights
Air Conditioning
Parking Details
Parking Features: Private, Driveway
Interior Details
Bathroom Information
Full Bathrooms: 4
Interior Information
Interior Features: Master Downstairs, First Floor Bedroom, Living Room/Dining Room Combo, Storage, Walk-In Closet(s)
Flooring Type: Hardwood
Room 1
Level: Basement
Type: Finished, Living Room, Dining Room, Kitchen, Bedroom, Bedroom, Bathroom
Room 2
Level: First
Type: Living Room, Dining Room, Kitchen, Bedroom, Bedroom, Bathroom
Room 3
Level: Second
Type: Living Room, Dining Room, Kitchen, Bedroom, Bedroom, Bedroom, Bathroom
Room 4
Level: Third
Type: Living Room, Dining Room, Kitchen, Bedroom, Bedroom, Bathroom
Room Information
Rooms: 17
Basement Information
Basement: Finished, Walk-Out Access
Exterior Details
Property Information
Square Footage : 3600
Architectual Style: Tri-Level
Property Type: Residential Income
Property Sub Type: Multi Family
Year Built: 2007
Building Information
Levels: Three Or More
Building Area Units: Square Feet
Construction Methods: Brick, Stucco
Lot Information
Lot Size Acres: 0.07
Lot Size Square Feet: 3025
Lot Size Dimensions: 26x116.33
Land Information
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $10,567
Utilities Details
Cooling: Yes
Cooling: Wall Unit(s), Window Unit(s)
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Directions: Linden Blvd To E 40th Street
County or Parish: Brooklyn
Other Details
Selling Agency Compensation: 2%
On Market Date: 2023-10-11
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
6
Beds
5
Baths
-
$1,200,000
Sep 17, 2021
$1,200,000
Nov 19, 2021
$534/mo
Sold
Multifamily
6
Beds
3
Baths
-
$1,124,400
Sep 20, 2021
$1,124,400
Feb 16, 2022
$468/mo
Sold
Multifamily
6
Beds
5
Baths
-
$1,030,000
Nov 11, 2021
$1,030,000
Jul 14, 2022
$523/mo
Sold
Multifamily
6
Beds
3
Baths
-
$1,040,000
Dec 30, 2022
$1,040,000
Nov 20, 2023
$497/mo
Multifamily
6
Beds
3
Baths
3,394 ft²
$361/ft²
$1,225,000
Jun 7, 2023
$1,225,000
Sep 12, 2023
-
Multifamily
7
Beds
4
Baths
-
$1,175,000
Nov 2, 2022
$1,175,000
Feb 1, 2023
$1,142/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
197 East 40th Street
197 East 40th Street, Brooklyn, NY 11203
- 3 Units
- 2 Units for Sale