A great opportunity to own an investment property located within the Sunset Park neighborhood of Brooklyn. The property is a 4 family home with a separate entrance to the basement level. Each apartment features a 2-bedroom, 1-bathroom layout, and can be all delivered vacant. Conveniently located near schools, parks, transportation, and shopping. The 9th Avenue subway station is located 3 short blocks away and includes the D train. A notable park within proximity is Sunset Park, which is located 2 blocks away, and features a swimming pool, playground, and views of the city. Local stores, restaurants, cafes, and supermarkets are located around the corner along 8th Avenue.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1931
Stories: 2
Listing Office:
Office Name: Momentum Real Estate LLC
Interior Features
Interior Information:
Appliances: None
Basement: Yes
Flooring Type: Ceramic, Hardwood
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 8
Exterior Features
Exterior Information:
Exterior: None
Parking Information:
Parking: None
Utilities
Utilities Information:
Heating: Steam, Natural Gas
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $1,800,000
Tax Information:
Annual Amount: $9,716
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Brooklyn, NY.
This property is $815.5K more than the Median Sold Price in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #481132
Listing Office:
Office Name: Momentum Real Estate LLC
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.
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: 11/16/2024, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$9,716
$355,500
2019
$9,716
$355,500
2018
$8,889
$72,157
2017
$8,343
$69,889
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,051
Per Month
Principal & Interest
$8,984
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,463
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
P.S. 198 Brooklyn
4105 Farragut Rd
Distance between this listing and this school0.14 miles
Public Magnet Grades PK-5
3
/10
P.S. 361 East Flatbush Early Childhood School
1957 Nostrand Ave
Distance between this listing and this school0.55 miles
Public District Grades KG-2
8
/10
P.S. 208 Elsa Ebeling School
4801 Avenue D
Distance between this listing and this school0.60 miles
Public District Grades PK-5
Nearby Schools
4
/10
P.S. 109 Brooklyn
1001 E 45th St
Distance between this listing and this school0.26 miles
Public District Grades KG-8
8
/10
Central Brooklyn Ascend Charter School
465 E 29th St
Distance between this listing and this school0.63 miles
Public Charter Grades KG-7
4
/10
Andries Hudde School
2500 Nostrand Ave
Distance between this listing and this school0.93 miles
Public Magnet Grades 6-8
Nearby Schools
6
/10
Midwood High School
2839 Bedford Ave
Distance between this listing and this school0.78 miles
Public District Grades 9-12
3
/10
Victory Collegiate High School
6565 Flatlands Ave
Distance between this listing and this school1.10 miles
Public District Grades 9-12
4
/10
Brooklyn Theatre Arts High School
6565 Flatlands Ave
Distance between this listing and this school1.10 miles
The neighbors living near this home have an average income of $105,000. Typical income of Brooklyn, NY residents is between $100k-200k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 817 40th St in Brooklyn, NY and zip code 11232 in the Farragut neighborhood. This home was built in 1931. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $1,800,000.
In October 2024 more than 50 listings in Brooklyn, NY were sold above the asking price. During the same period more than 217 listings were sold at asking price, while more than 169 were sold below. In October 2024 in Brooklyn, NY there were 0.1% more homes for sale than in September 2024. While the average time on the market in October 2024 was 97 days, the median list price was $984,431.
From Rocket Homes Real Estate and based on county public records data.