$1,280,000

920 40th St Brooklyn, NY 11219

$10,000
Closing credit¹
5 beds
3 full
2,000 sqft
$640 / sqft
Multi-Family

Property details

About 920 40th St

Two Family in a Great Convenient Sunset Park Location! Welcome to a charming two-family home located in a heart of Sunset Park. This fully attached property offers the perfect opportunity for both owner users and investors looking to capitalize on the growing demand for multi-family living in this vibrant neighborhood. The property currently configures with three bedrooms on the second floor over two bedrooms on the first floor. There is a spacious backyard along with a finished basement that can provide for additional space. The property is located on a block zoned R-6 which allows for additional square footage expansion possibilities. The super convenient location is just minutes to Sunset Park, great schools in the area, 8th Avenue and 5th Avenue retail/shopping districts, great restaurants in the local area, parks and playgrounds, and easy access to D, N and R trains. With the growing popularity of Sunset Park, this property presents an excellent opportunity for rental income in a highly desirable area.

Highlights

Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
Size2,000 sqft
BasementYes
Year built1920
ParkingNone, Street
MLS #489378
FireplaceStove

Summary

  • MLS Number: 489378
  • Office Name: RE/MAX Real Estate Professiona

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.

Copyright © 2025 Brooklyn Multiple Listing Service. 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: 4/9/2025, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

multi unit property with cooling unit and fence private yard

$1,280,000

920 40th St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

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

YearAssessmentProperty Tax
2024$91,320$5,958
2023$80,700$5,698
2021$71,400$11,023
2019$70,740$5,542
2018$23,644$4,601
2017$22,572$4,363

History based on county public records data.

Nearby schools

5

P.S. 198 Brooklyn

Public Magnet PK-5

0.3 mi

4105 Farragut Rd

4

P.S. 119 The Amersfort School

Public Magnet KG-5

0.5 mi

3829 Avenue K

3

P.S. 361 East Flatbush Early Childhood School

Public District KG-2

0.6 mi

1957 Nostrand Ave

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 $62,297. The most common annual income of people living in Brooklyn, NY is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

18%
<35k
61%
35k-100k
19%
100k-200k
2%
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
23%
Single, with Kids
20%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 920 40th St in Brooklyn, NY and zip code 11210 in the Farragut neighborhood. This 2,000 square foot home was built in 1920. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $1,280,000.

While more than 22 listings in Brooklyn, NY in March 2025 were sold above asking price, there were more than 171 listings sold at asking price, and more than 156 were sold below. The inventory of homes for sale in Brooklyn, NY between February and March 2025 increased by 3.8%. The median list price of listings available in March 2025 was $995,066, while the average time on the real estate market was 142 days.

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

More resources