Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,657,000

· Closed June 29, 2023

413 40th Street
Closed For Sale Multi Family

$1,657,000

$552 per sq ft

413 40th Street

Sunset Park, Brooklyn

MLS® #RLS10862308

RLS at REBNY

Listing by Compass

7

Bedrooms

3

Baths

3,000

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 7
Bathrooms 3
Living Area 3,000 sq ft
Year Built 1910
Neighborhood Sunset Park

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Total Rooms 10
Baths 3 Full
Pets Yes
Cross Street 4th Avenue/5th Avenue
Year Built 1910
Living Area 3,000 sq ft
Architectural Style Prewar
Parcel # 00709-0068
Block/Lot 709/68

Listing History

Event Date Price Change
Listed Feb 23, 2023 $1,657,000 -
Price Reduced Jun 30, 2023 $1,598,000 -3.6%

Description

This spacious multi-family home in Sunset Park with 3 floor-through apartments and a basement is a desirable property for both families and investors. The 3 floor-through apartments provide each family with their own private living space, while still allowing for proximity to loved ones. The basement can be utilized for additional storage and there is a large backyard for entertaining. The building is currently vacant and ready to move in. As an investment opportunity, this multi-family home in Sunset Park can provide the opportunity for rental income from multiple units. The convenient location of Sunset Park/Greenwood Heights, with its many amenities and the nearby express subway station at 36th Street & 4th Avenue, can make this property even more attractive to potential renters. Overall, this spacious multi-family home in Sunset Park with 3 floor-through apartments and a basement is a great option for families and investors alike. It offers both the opportunity for a shared living space and potential for rental income in a desirable location.

Building Information

Sunset Park features four landmarked historic districts of Italianate, Neo-Grec, and Romanesque Revival brick and brownstone rowhouses climbing the hillside between Fourth and Eighth Avenues in western Brooklyn. The namesake hilltop park offers panoramic Manhattan skyline views and a 1936 neoclassical public pool, while the commercial corridors along Fifth Avenue and Eighth Avenue anchor the neighborhood. The D train at Ninth Avenue, N/R at 36th-45th-53rd Streets provide multiple subway connections to Manhattan.

Sunset Park Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$1.11M

Median $/Sqft

$633

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

1

Median Sale Price

$730K

Live data from RLS at REBNY • Updated 5/1/26, 7:31 AM EST

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Location

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413 40th Street, Sunset Park, Kings County • Near 4th Avenue/5th Avenue

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3
Floor Plan 4
Floor Plan 5

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
3
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $84,540
Land Value: $16,380
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 3,000 SF
Built FAR: 1.5
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

This property has 7 bedrooms and 3 full bathrooms.

The listed interior living area is 3,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,657,000 for 3,000 sq ft, the asking price per square foot is approximately $552. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10862308
First Listed: 2/23/2023
Price Changed: 6/30/2023
Closed: 6/29/2023
Contract Date: 2/23/2023

Listing Courtesy of Compass - Kurt Vikki

Listing Contact: (718) 213-4478

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 11:31 AM UTC

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