448 40th Street

Brooklyn, NY 11220
Beds
18
Baths
7
Square Ft.
7,854
$1,650,000
Exceptional investment opportunity in the heart of Sunset Park! This well-maintained 6-family brick building (33x68, zoned R6B) features six spacious 3-bed/1-bath units with strong current income of $10,020/month ($120,240/yr) and a 5.1% cap rate at ask. Annual expenses of approximately $37,949 include taxes, insurance, gas, water, and common electric. BuildingRead MoreRead Less
Courtesy of Yujie Zhang, Ilite Realty Inc 718-975-0555
Listing Snapshot | Source HomeJunction
Days Online
80
Last Updated
Property Type
Multi Family
Beds
18
Full Baths
7
Square Ft.
7,854
Lot Size
0.08 Acres
Year Built
1914
MLS Number
500433
30 Days Snapshot Of 11220
$1.58M
-16%
(avg) sold price
5
-44%
homes sold
192
-25%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Basement
Finished, Full, Separate Entrance
Building
Built in 1914, 2,244 building footprint sqft, 7,854 total sqft, 6 families, Brick
Expenses
Gross expense: $37,949, Fuel expense: $6,000, Insurance expense: $5,500, Utility expense: $1,200
Exterior Features
Brick
Floors
Hardwood, Laminate, Tile
Foundation
Block
Heating
Gas, Gas, Steam/Radiator
Income
Gross income: $108,240
Lot
3,339 Sqft, Length: 100, Width: 33
Parking
Other
Property
Zoning: R6B
Roof
Asphalt/Tar, Flat
Taxes
Tax amount: $17,749
Utilities
110 V
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Emmanuel Victor
CEO & Broker
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