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1227 40th StreetBrooklyn, NY 11218

For Sale

$1,475,000

Smart Buyer Rebate $18,438

Great development opportunity Lot Size: 20' X 95' Max Usable FAR: 4624 Sq Ft Call agent for details

Listed by Peter J Gumas

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License #10301218170

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Berkshire Hathaway HomeServices New York Properties

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(917) 601-3685

Listed by trim qorkadiu

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License #10401347049

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Berkshire Hathaway HomeServices New York Properties

Last updated June 04, 2025

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Source: REBNY #RLS11010103

Listing Facts

  • TypeSingle-family
  • NeighborhoodBorough Park
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu355
  • Taxes$65,280/year
  • Size1,928 sqft
  • Price per sqft$765

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

01/17/2025
Status changed to Active
$1,475,000
01/16/2025
Status changed to Removed from Feed
$1,475,000
12/19/2024
Price Increased
$1,475,000
09/17/2024
Listed by Berkshire Hathaway HomeServices New York Properties
$1,395,000

Estimated Closing Costs

Total
$53,603
Attorney Fees
$4,000
NYC Mansion Tax
$14,750
Title Insurance
$6,638
Bank Attorney
$1,500
Mortgage Recording Tax
$22,715
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,475,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1227 40th Street

Association

Amenities

  • Pets Allowed: Building Yes, No

Compensation

Commissions

  • Buyer Agency Compensation: 3.0Percent

Exterior

Construction

  • Number Of Units Total: 1
  • Property Condition: Good Condition
  • Stories Total: 2
  • Structure Type: Townhouse
  • Year Built: 1901
  • Entry Level: 1

Measurements

  • Building Area Total: 1,928
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,903
  • Lot Size Dimensions: 95
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $65,280.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area: 1,928
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Rooms Total: 6

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Borough Park
  • Tax Block: 05293
  • Tax Lot: 0058

Utilities

Equipment

  • Laundry Features: In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.