Property Description

ALL-CASH BUYERS ONLY – PRIME INVESTMENT OPPORTUNITY IN BOROUGH PARK. EXTERNAL VIEWINGS ONLY!
INVESTOR ALERT: Rare opportunity to acquire a 3-FAMILY BRICK HOME IN the heart of Borough Park, one of Brooklyn’s most in-demand neighborhoods for rental and long-term appreciation. This solid brick building spans 20′ x 62′ and sits on a 20′ x 95.17′ lot, offering three full floors above ground plus a full basement. Ideal for maximizing rental income or exploring future value-add opportunities.
Whether you’re seeking stable multi-family rental income or a long-term hold in a high-growth area, under R6 zoning, this property offers exceptional potential with flexible configurations. Adding to its appeal, the property benefits from low annual property taxes of only $9,920.20, enhancing long-term investment returns. Serious, all-cash inquiries only.

MLS Approve- No financial provide due to property being vacant

Features
: Flat
Address Map
11218
40th
1115
Street
0
W74° 0' 33.9''
N40° 38' 33.1''
MLS Addon
: Multi-family
3
1
: Other
: Other
118210
RE/MAX Edge
Ping Chen
PC7262
$0
$0
: Unfinished, Full
: Storage Rooms
: Brick
: Active
$9,920

Residential For Sale

1115 40th Street, Brooklyn, New York 11218

11 Bedrooms
4 Bathrooms
3,576 Sqft
$2,600,000
Listing ID #492220
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 492220
Price : $2,600,000
Bedrooms : 11
Bathrooms : 4
Square Footage : 3,576 Sqft
Year Built : 1920
Lot Area : 1,903 Sqft
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