$684,900

301 E 40th St Brooklyn, NY 11203

$8,133
Closing credit¹
4 beds
2 full
0.06 acres
Multi-Family

Property details

About 301 E 40th St

**Prime Real Estate Opportunity in Brooklyn – Flatbush Gem!** Welcome to **301 E 40th St, Brooklyn** – a spacious 4-5 bedroom duplex located in the highly sought-after Flatbush section. This property offers immense potential but requires total renovation, making it an ideal canvas for your dream home or investment project. **Key Features:** - 4-5 Bedroom Duplex – Generously sized and versatile layout - Driveway with Off-Street Parking – A rare and valuable asset in Brooklyn - Prime Location – Situated in the vibrant and culturally rich Flatbush neighborhood - Endless Possibilities – Perfect for owner-occupants looking to customize or investors seeking a rewarding project This property represents an exceptional opportunity to create a modern, stylish living space in one of Brooklyn’s most dynamic communities. Don’t miss out on this diamond in the rough – with the right vision, this duplex can be transformed into a true masterpiece!

Highlights

Home typeDuplex
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.0551 Acres
Year built1925
ParkingDriveway
MLS #877172

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Interior: First Floor Bedroom
  • Total Bedroom Count: 4
  • Parking: Driveway
  • Heating: Natural Gas
  • Cooling: None
  • List Price: $684,900
  • Annual Tax Amount: $6,211
  • Tax Year: 2024
  • Year Built: 1925
  • Lot Size: 0.0551 Acres
  • MLS Number: 877172
  • MLS Name: ONEKEY2
  • Office Name: Genstone Properties
  • Office Phone: (973) 479-0937

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
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: 6/21/2025, 4:41:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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301 E 40th St, Brooklyn, NY 11203 - view of front facade featuring stone siding, a fenced front yard, a gate, and a garage

$684,900

301 E 40th St

$8,133

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$37,380$6,211
2023$37,080$5,844
2021$31,740$11,983
2019$34,380$5,748
2018$25,416$4,778
2017$24,912$4,670

History based on county public records data.

Nearby schools

5

P.S. 135 Sheldon A. Brookner School

Public District KG-5

0.4 mi

684 Linden Blvd

2

P.S. 399 Stanley Eugene Clark School

Public District KG-5

0.7 mi

2707 Albemarle Rd

7

P.S. 208 Elsa Ebeling School

Public District PK-5

0.7 mi

4801 Avenue D

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 $42,762. Most Brooklyn, NY residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

41%
<35k
43%
35k-100k
15%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
22%
Single, with Kids
13%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
13%
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
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

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

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Frequently asked questions

About 301 E 40th St

The listing price of 301 E 40th St property is $684,900.

The property 301 E 40th St is a multi located in Brooklyn, New York, 11203.

Active Listing: 301 E 40th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 301 E 40th St are: P.S. 135 Sheldon A. Brookner School (GreatSchools Rating 5/10), P.S. 399 Stanley Eugene Clark School (GreatSchools Rating 2/10), P.S. 208 Elsa Ebeling School (GreatSchools Rating 7/10), P.S. 181 Brooklyn (GreatSchools Rating 5/10), P.S. 235 Janice Marie Knight School (GreatSchools Rating 7/10), M.S. 246 Walt Whitman (GreatSchools Rating 3/10), High School for Public Service-Heroes of Tomorrow (GreatSchools Rating 5/10), Brooklyn Institute for Liberal Arts (GreatSchools Rating 5/10), School for Human Rights (The) (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $6,211 (source: MLS/based on county public records data).

The year of construction for 301 E 40th St is 1925.

This home is located at 301 E 40th St in Brooklyn, NY and zip code 11203 in the East Flatbush neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $684,900.

While more than 37 listings in Brooklyn, NY in May 2025 were sold above asking price, there were more than 227 listings sold at asking price, and more than 172 were sold below. The inventory of homes for sale in Brooklyn, NY between April and May 2025 increased by 0.2%. In May 2025, listings were on the market for 118 days. During the same period, the median list price in this real estate market was $992,262.

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

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