Trusted Property Management & Real Estate Services Across New York City

517 40 Street, Brooklyn, NY 11232 (MLS# 2504845)

Explore available properties for sale and rent across New York City.

517 40 Street, Brooklyn, NY 11232

$1,499,999
Property Type: MultiFamily Bedrooms: 8 Baths: 3 Square Footage: 2,700 Lot Size (sq. ft.): 2,003 Status: Active
Current Price: $1,499,999 List Date: 4/24/2026 Last Modified: 5/04/2026

Overview

Description

Fabulous opportunity to own this multi-family brick home on a beautiful tree-lined street in the convenient Sunset Park neighborhood of Brooklyn. Ideal for investors or families seeking versatile living space.The property suits multi-generational households or those looking for rental income. Located close to shopping, public transportation, and restaurants. The home has been modified over the years to accommodate comfortable household living. The garden level includes a large living room, a bedroom, a newer eat-in kitchen with rear yard access, a three-quarter bath, and entry to a full partially finished basement with additional rooms. The second floor features three bedrooms, a three-quarter bath, and an open-concept living room/kitchen. The third floor boasts four bedrooms, a living room, a kitchen, and a full bath. Ceramic and hardwood flooring run throughout, and the basement provides extra storage or additional living space as needed. The rear yard is perfect for entertaining, an ...

Listing Details MLS# 2504845

AddressLegal

Street No.
517
Street Name
40
Street Suffix
Street
County
Kings
State
NY
Zip Code
11232
Area Name
Sunset Park
Parcel ID
00913-0065

ContractLocation Information

Marketing/Listing Date
2025-08-18
Sub-Type
Triplex
Zoning
R6-B
Block
00913
Lot
0065

General Property Info

Stories
3
Full Baths
Yes
3/4 Baths
2
Total Baths
3
Year Built
1915
Year Built Info
Approx
Taxes
6286
Tax Abated
No
Lot Size SqFt
2003
Lot Dim
20x100.17
Irregular
No
Building SqFt
2700
# Units
3
Pool Y/N
No
No. of Heating Units
Yes
Air Conditioner
None
Public Remarks
Fabulous opportunity to own this multi-family brick home on a beautiful tree-lined street in the convenient Sunset Park neighborhood of Brooklyn. Ideal for investors or families seeking versatile living space.The property suits multi-generational households or those looking for rental income. Located close to shopping, public transportation, and restaurants. The home has been modified over the years to accommodate comfortable household living. The garden level includes a large living room, a bedroom, a newer eat-in kitchen with rear yard access, a three-quarter bath, and entry to a full partially finished basement with additional rooms. The second floor features three bedrooms, a three-quarter bath, and an open-concept living room/kitchen. The third floor boasts four bedrooms, a living room, a kitchen, and a full bath. Ceramic and hardwood flooring run throughout, and the basement provides extra storage or additional living space as needed. The rear yard is perfect for entertaining, and with a building size of 20x45 across three stories (plus the basement), the possibilities are endless. The first floor which has access to the yard and basement is currently not rented. No c/o. Modifications have been made to accommodate multigenerational living. Tax records indicate 3 units. Call today to schedule your showing!
Half Baths
0

Unit 1

Unit 1 - Basement Unit YN
No
Unit 1 - Level
Yes
Unit 1 - # Rooms
3
Unit 1 - # Bedrooms
Yes
Unit 1 - # Baths
Yes
Unit 1 - Full Baths
Yes
Unit 1 - Remarks
access to basement and yard
Unit 1 - Rent/Month
0

Unit 2

Unit 2 - Basement Unit YN
No
Unit 2 - Level
2
Unit 2 - Rent/Month
2070
Unit 2 Leased?
No
Unit 2 - # Rooms
4
Unit 2 - # Bedrooms
3
Unit 2 - # Baths
Yes
Unit 2 - Full Baths
Yes

Unit 3

Unit 3 - Basement Unit YN
No
Unit 3 - Level
3
Unit 3 - Rent/Month
2100
Unit 3 Leased?
No
Unit 3 - # Rooms
6
Unit 3 - # Bedrooms
4
Unit 3 - # Baths
Yes
Unit 3 - Full Baths
Yes

More Information

Address/Legal

Section
N/A
Country
United States

Contract/Location Information

List Price/SqFt
555.56
CofO
No
List Type
Exclusive Right To Sell
REO
No
Owner Finance
No

Sewer

Public Sewer
Yes

Electric

220
Yes

Levels

Three Or More
Yes

Exterior

Patio
Yes

Heat Source

Natural Gas
Yes

Heat System

Hot Water
Yes

Interior

Ceiling Fan(s)
Yes

Kitchen

Eat In
Yes
Yard/Deck Access
Yes

Living Room

Combination
Yes
Separate
Yes

Electric Meters

Master
Yes
Mixed
Yes

Main Bath

3 Quarter
Yes
Full Bath
Yes

Gas Meters

Master
Yes

Basement

Full
Yes
Partially Finished
Yes

Parking

Off Street
Yes

Garage Location

None
Yes

Siding

Brick
Yes
Stucco
Yes

Yard

Back Yard
Yes

Fencing

Fenced
Yes

Extras

Cable
Yes
Storage
Yes

Property Condition

Good
Yes

Property Features

Exterior: Patio Interior: Ceiling Fan(s) Kitchen: Eat In; Yard/Deck Access Electric Meters: Master; Mixed Living Room: Combination; Separate Levels: Three Or More Gas Meters: Master Main Bath: 3 Quarter; Full Bath Sewer: Public Sewer Electric: 220 Basement: Full; Partially Finished Parking: Off Street Garage Location: None Yard: Back Yard Fencing: Fenced Siding: Brick; Stucco Extras: Cable; Storage Heat Source: Natural Gas Heat System: Hot Water Property Condition: Good
Listing Courtesy of Safari Realty
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.