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$988,000

2040 W 7th St Brooklyn, NY 11223

3 full
1,088 sqft
$908 / sqft
Multi-Family

Property details

About 2040 W 7th St

Introducing an opportunity to own a 2 family home located in the coveted area of Gravesend, Brooklyn. The property is 17x33 sitting on a lot of 20x48 featuring a back and front yard. The first level features 1 bedrooms, a living room, a kitchen, and a full bathroom. The second level features 2 bedrooms, a living room, a dining room, a kitchen, and a full bathroom. The property is located close to an abundance of stores, supermarkets, restaurants, and much much more. There are also public transportation options nearby providing easy transit throughout the city.

Highlights

Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
Size1,088 sqft
BasementYes
Year built1925
ParkingOther, Other
MLS #493838
FireplaceStove

Summary

  • Full Bathrooms: 3
  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Carpeting, Hardwood
  • Fireplace: Stove
  • Parking: Other, Other
  • Heating: Steam, Natural Gas
  • List Price: $988,000
  • Price/SqFt: $908
  • Annual Tax Amount: $4,813
  • Tax Year: 2024
  • Year Built: 1925
  • Stories: 3
  • Living Area: 1,088 SqFt
  • MLS Number: 493838
  • Office Name: Momentum Real Estate LLC

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/4/2025, 7:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 25, 2013
Home Sold
$55,000

Tax history

YearAssessmentProperty Tax
2024$47,820$4,813
2023$57,660$4,554
2021$52,560$8,449
2019$53,640$4,254
2018$20,062$3,570
2017$18,987$3,271

History based on county public records data.

Nearby schools

8

P.S. 97 Highlawn School

Public District KG-5

0.4 mi

1855 Stillwell Ave

6

Hebrew Language Academy Charter School 2

Public Charter KG-4

0.5 mi

1870 Stillwell Ave

5

P.S. 215 Morris H. Weiss School

Public Magnet KG-5

0.6 mi

415 Avenue S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,496. Residents of Brooklyn, NY typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

43%
<35k
52%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
8%
Single, with Kids
27%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
28%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2040 W 7th St

The listing price of 2040 W 7th St property is $988,000.

The property 2040 W 7th St is a multi located in Brooklyn, New York, 11223.

Active Listing: 2040 W 7th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2040 W 7th St are: P.S. 97 Highlawn School (GreatSchools Rating 8/10), Hebrew Language Academy Charter School 2 (GreatSchools Rating 6/10), P.S. 215 Morris H. Weiss School (GreatSchools Rating 5/10), P.S. 95 Gravesend School (GreatSchools Rating 7/10), I.S. 228 David A. Boody (GreatSchools Rating 7/10), Brooklyn School of Inquiry (GreatSchools Rating 9/10), International High School at Lafayette (GreatSchools Rating 2/10), Expeditionary Learning School for Community Leaders (GreatSchools Rating 6/10), High School of Sports Management (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $4,813 (source: MLS/based on county public records data).

The last sale was on April 25, 2013 for $55,000 (source: MLS/tax record).

The property 2040 W 7th St is 1,088 SqFt (source: MLS/tax record).

The year of construction for 2040 W 7th St is 1925.

This home is located at 2040 W 7th St in Brooklyn, NY and zip code 11223 in the Gravesend neighborhood. This 1,088 square foot home was built in 1925. Features: 3 bathrooms. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $988,000.

Brooklyn, NY housing market in June 2025 saw over 44 listings sold above listed price, more than 293 sold at listed price and over 155 sold below. The inventory of homes for sale in Brooklyn, NY between May and June 2025 decreased by 5%. In June 2025, listings were on the market for 92 days. During the same period, the median list price in this real estate market was $1,019,077.

From Rocket Homes Real Estate and based on county public records data.

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