6 days on Rocket
$9,500 Closing Credit¹
#842264, Listing Office: eRealty Advisors, Inc
$699,900 List price
301 E 40th St Brooklyn, NY 11203
$8,311
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 #843587
Summary
- MLS Number: 843587
- MLS Name: ONEKEY2
- Office Name: EXP Realty
- Office Phone: (888) 276-0630
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.
The 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.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
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: 4/6/2025, 3:12:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$699,900
301 E 40th St
$8,311
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $42,762. Residents of Brooklyn, NY typically earn between $35k-100k each year. The majority of families are 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?
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)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
White Castle
Boston Market
What do the neighbors drive?
Nissan
Kia
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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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 April 2, 2025 and is currently priced at $699,900.
In March 2025 more than 22 listings in Brooklyn, NY were sold above the asking price. During the same period more than 171 listings were sold at asking price, while more than 156 were sold below. The number of listings in Brooklyn, NY increased by 3.8% between February and March 2025. In March 2025 median list price was $995,066 and the average listing age was 142 days.
From Rocket Homes Real Estate and based on county public records data.