448 40th Street, Brooklyn, NY 11220

Brooklyn
Local realty services provided by:ERA Top Service Realty
448 40th Street,Brooklyn, NY 11220
$1,650,000
  • 18 Beds
  • 7 Baths
  • 7,854 sq. ft.
  • Multi-family
  • Active
Listed by: yujie zhang, ayzik nasimov
Office: ilite realty inc
MLS#:500433
Source:BROOKLYN

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$210.08

About this home

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. Building highlights include brand-new 3rd floor windows and a roof approximately 7–8 years old — minimal near-term cap-ex. Conveniently located near the N/D/R trains, shopping, Sunset Park, the waterfront at Industry City and convenient express transit options into Manhattan. A rare opportunity to acquire a high-unit-count asset with a manageable expense ratio and clear "day-one" equity growth potential. Perfect for 1031 exchange buyers or portfolio growth.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1914
  • Listing ID #:500433
  • Added:44 day(s) ago
  • Updated:May 29, 2026 at 11:12 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:7
  • Full bathrooms:7
  • Rooms Total:36
  • Flooring:Hardwood, Laminate, Tile
  • Bathrooms Description:2 Bathroom(s) on Level 1, 2 Bathroom(s) on Level 2, 2 Bathroom(s) on Level 3
  • Kitchen Description:Refrigerator, Stove
  • Bedroom Description:6 Bedroom(s) on Level 1, 6 Bedroom(s) on Level 2, 6 Bedroom(s) on Level 3
  • Basement Description:Finished, Full, Separate Entrance
  • Living area:7,854 sq. ft.

Heating and cooling

  • Heating:Gas, Steam/Radiator

Structure and exterior

  • Roof:Asphalt/Tar, Flat
  • Year built:1914
  • Building area:7,854 sq. ft.
  • Lot area:0.08 Acres
  • Construction Materials:Brick
  • Exterior Features:Back Yard, Fenced - Full, Front Yard
  • Foundation Description:Block
  • Levels:3 Stories

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$210.08

Features and amenities

  • Amenities:Window Treatments
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of One Key MLS as distributed by MLS GRID<lastMLSCheckTimestamp>. One Key MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. One Key MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of One Key MLS.

New listings near 448 40th Street