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521 40th Street

521 40th Street, Brooklyn, NY 11232
Property in Sunset Park
2 Units
1 Units For Sale
Unit for sale at 521 40th Street, Brooklyn, NY 11232

$1,600,000

  • 6 Beds
  • 3 Baths
  • 1,800 ft²
521 40th Street, Brooklyn, NY 11232 Listing by Daniel Mahgerefteh

The building on the property was first built in 1915 and is 109 years old. The building has a total of 2 stories. The linear feet between the front and back of the lot is 100 ft and across the front of the lot is 20 ft.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. As a result of that assessment, the total value of the property was placed at $63,840. To break that down further, the land itself was valued at $28,920. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230423
04/23/2023
6 Bed
3 Bath
1800 ft²
$1,600,000
bedrooms
6 Bed
bathrooms
3 Bath
square feet
1800 ft²
-
-
-
Daniel Mahgerefteh
Oxford Property Group

Building Info

Overview

    General

  • Year Built: 1915
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 2
  • Residential Unit Count: 2
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 2,003
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 20
  • Building Depth: 45
  • Building Frontage: 20
  • Gross Building Area: 1,800

    Building Floor Area

  • Residential Building Floor Area: 1,800

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: B9
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: E

Neighborhood

  • Community District: 307
  • City Council District: 38
  • Police Precinct: 72
  • Fire Company: E228
  • Health Area: 6600
  • Sanitation District Borough: 3
  • Sanitation Subsection: 2E
  • School District: 15

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6B

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 913
  • Lot: 64
  • Borough Block Lot: 3009130064

    Address

  • Full Address: 521 40 Street
  • Zip Code: 11232

Valuation

    Assessments Valuation

  • Assessed Total Value: $63,840
  • Assessed Land Value: $28,920

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About South Brooklyn



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Frequently Asked Questions

What neighborhood is 521 40th Street located in?
The 521 40th Street is a located in the neighborhood of Sunset Park in South Brooklyn, Brooklyn.
How many listings are currently for sale in 521 40th Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 521 40th Street?
The average sales price for units in 521 40th Street is $1,600,000 , or $889/sqft. currently.

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