# 448 40th Street, Brooklyn, NY 11220

> **TL;DR:** 18bd/7ba residential multi family, $1,650,000 ($210/sqft), built 1914, 7,854 sqft.
> Hardwood, A/C. Est. $7,150/mo. Listed 48 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,650,000 |
| Price/sqft | $210 |
| Bedrooms | 18 |
| Bathrooms | 7 full |
| Square Feet | 7,854 |
| Year Built | 1914 |
| Lot Size | 3,341 sqft (0.08 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 48 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,150 |
| **Total** | **$7,150** |

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1914
- 0.08 acre lot
- 3 stories

## Description

### Agent Description
Exceptional investment opportunity in the heart of Sunset Park! This well-maintained 6-family brick building (33x68, zoned R6B) features six spacious 3-bed/1-bath units with strong current income of $10,020/month ($120,240/yr) and a 5.1% cap rate at ask. Annual expenses of approximately $37,949 include taxes, insurance, gas, water, and common electric. Building highlights include brand-new 3rd floor windows and a roof approximately 7-8 years old - minimal near-term cap-ex. Conveniently located near the N/D/R trains, shopping, Sunset Park, the waterfront at Industry City and convenient express transit options into Manhattan. A rare opportunity to acquire a high-unit-count asset with a manageable expense ratio and clear "day-one" equity growth potential. Perfect for 1031 exchange buyers or portfolio growth.

## Location

- **Address:** 448 40th Street, Brooklyn, NY 11220
- **County:** Kings (Brooklyn)
- **Coordinates:** 40.651218, -74.005791
- **Google Maps:** https://www.google.com/maps?q=40.651218,-74.005791

## Listing Agent

- **Name:** Yujie Zhang
- **Brokerage:** Ilite Realty Inc
- **Phone:** (718) 975-0555
- **Email:** yukierealestate@gmail.com

## Primary Photo

![448 40th Street - Primary Photo](http://lh.rdcpix.com/f77d2bb6332962d58f49e71737857b6al-f4201570230r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/448-40th-street-brooklyn-ny-11220-y500433)*

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**MLS#:** 500433 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/448-40th-street-brooklyn-ny-11220-y500433)

---

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