7040 Colonial Road

7040 Colonial Road in Brooklyn, NY was first built in 1931 and is 93 years old. There are a total of 6 floors. The linear feet across the front of the lot is 100 ft and the linear feet between the front and back of the lot is 141.

Learn more about the property and building on this page. The total value of the property was assessed at $1,380,600. Specifically, the land the property is located on was valued at $412,200. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.