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1115 40th Street

New York NY 11218

11
3
3576 sq. ft.
1903 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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

11 bedrooms
3 bathrooms
3576 sq. ft. floor area
1903 sq. ft. lot size
Multi-Family

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Local market activity for 11 bedroom multi families in New York

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