Back 938 40th Street
Off Market

938 40th Street

New York NY 11219

4
2600 sq. ft.
2003 sq. ft.
Multi-Family
Last sold for $1,550,000
Fei Chan LinFei Chan Lin, last sold this property on 29 April 2026 after 116 days on market.

Overview

Introducing this well-maintained 4-family property at 938 40th Street. The building features a desirable layout with two 2-bedroom units and two 3-bedroom units, plus a finished basement. Each unit has separate boiler heat along with separate gas and electric meters, keeping expenses efficient. Conveniently located near transportation, shopping, and local amenities—ideal for investors or end-users.

Features

4 bathrooms
2600 sq. ft. floor area
2003 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in New York over the last 12 months, the estimated median property value of 938 40th Street is $1.65m.

Median value
$1.65m
Estimated value range
$1.07m - $2.5m
Median days on market
68
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 938 40th Street

2026
Sold
$1,550,000
29 Apr 2026 by Fei Chan Lin, of Tiger Realty
2016
Sold
$990,000
27 Apr 2016 by Po Man Liu, of Calabrese Real Estate

Happy sellers in New York

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We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.

Local market activity for multi families in New York

In the last 12 months, 41 multi families similar to 938 40th Street, have been sold.

This represents a 25% decrease in multi families sales when compared to the previous 12 months.

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