197 E 40th Street, Brooklyn, NY 11203
OFF MARKET

197 E 40th Street
Brooklyn, NY 11203

East Flatbush
  • 6 Beds
  • 4 Baths
  • 3,600 sqft

$1,021,400

Trulia Estimate
as of May 29, 2026
Est. Refi. Payment $5,640/mo*
Refinance Your Home

$1,021,400

Trulia Estimate
as of May 29, 2026
Est. Refi. Payment $5,640/mo*
Refinance Your Home
6 Beds
4 Baths
3,600 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Discover the advantages of owning a multi-family living in East Flatbush! Nestled on a serene tree-lined street, 197 E 40th Street offers an incredible opportunity for investors and homeowners alike. This spacious gem boasts an ideal layout with four distinct units, providing an impressive array of living options. This multi-family residence is brilliantly designed for both convenience and comfort. The basement features a cozy 1-bedroom unit, while the first floor boasts a well-appointed 2-bedroom, 1-bathroom unit. On the second floor, you'll find a generous 3-bedroom, 1-bathroom unit with ample space. The third floor completes this exceptional property with a 2-bedroom, 1-bathroom unit that offers versatile living arrangements. This property is a rare find, promising versatility, and potential for rental income. With proximity to schools, shopping, and transportation, it's a smart investment in a burgeoning neighborhood. Don't miss out on the chance to make 197 E 40th Street your next home or investment opportunity! Schedule your viewing today and witness the endless possibilities it holds., Additional information: Interior Features:Lr/Dr
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 06, 2024

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 197 E 40th Street

Interior Features

Interior Details
Basement: Finished,Walk-Out AccessNumber of Rooms: 17Types of Rooms: Auxiliary Room
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 3600 Square Feet
Appliances & Utilities
Utilities: Trash Collection Public
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Forced Air
Fireplace & Spa
No FireplaceNo Spa
Gas & Electric
Gas: Separate Gas Meters: 3
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Levels: Three Or MoreFloors: Hardwood
Security
Security: Fire Sprinkler System

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No CarportHas Open ParkingParking: Driveway,Private
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 168

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family
Building
Construction Materials: Brick, StuccoNot Attached Property
Property Information
Parcel Number: 048940158

Price & Status

Price
List Price: $1,350,000
Status Change & Dates
Off Market Date: Mon Mar 25 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: Brooklyn
School Information
Elementary School: Ps 235 Janice Marie Knight SchoolJr High / Middle School: Is 211 John WilsonHigh School: BROOKLYN COMMUNITY HIGH SCHOOL FOR EXCELLENCE ANDHigh School District: Brooklyn 18

Building

Building Area
Building Area: 3600 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 3025 sqft

Offer

Listing Agreement Type: Exclusive Right To Sell

Business

Expense
Tenant Pays: Electricity, Gas

Miscellaneous

BasementMls Number: L3510072Attic: NoneAttribution Contact: 631-337-8238
Last check for updates: about 4 hours ago
Listed by Ian S. Rubinstein, (516) 902-8686
Redfin Real Estate, (631) 337-8238
Bought with: Ian S. Rubinstein, (516) 902-8686, Redfin Real Estate, (631) 337-8238
Source: OneKey® MLS as distributed by MLS GRID, MLS#L3510072

Price History for 197 E 40th Street

DatePriceEventSource
12/03/2024$995,000Sold
OneKey® MLS as distributed by MLS GRID #L3510072
03/28/2024$1,350,000PendingOneKey® MLS as distributed by MLS GRID #3510072
10/12/2023$1,350,000Listed For SaleOneKey® MLS as distributed by MLS GRID #3510072
06/04/2019$2,400ListingRemovedAgent Provided
05/16/2019$2,400Listed For RentAgent Provided
01/15/2009$687,727Sold
N/A
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Property Tax and Assessment

Year2025
Tax$11,027
Assessment$1,514,000
Home facts updated by county records

Comparable Sales for 197 E 40th Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
529 E 49th Street, Brooklyn, NY
0.35
Multi-Family Home
$1,160,000
12/16/25
8
4
3,706
197 east 55 street, Brooklyn, NY
0.29
Multi-Family Home
$1,260,000
08/29/25
6
3
3,200
308 E 45th Street, Brooklyn, NY
0.32
Multi-Family Home
$1,075,000
09/03/25
5
3
2,200
589 Lenox Road, Brooklyn, NY
0.30
Multi-Family Home
$1,325,000
12/11/25
6
2
3,150
449 E 52nd St, Brooklyn, NY
0.62
Multi-Family Home
$1,010,000
01/30/26
6
4
2,600
301 E 40th Street, Brooklyn, NY
0.06
Multi-Family Home
$1,277,000
12/16/25
4
2
1,544
263 E 39th St, Brooklyn, NY
0.05
Multi-Family Home
$680,000
12/09/25
4
2
1,428
966 Troy Avenue, Brooklyn, NY
0.20
Multi-Family Home
$890,000
09/03/25
4
4
1,536
691 Winthrop St, Brooklyn, NY
0.52
Multi-Family Home
$886,000
11/21/25
4
4
2,583

Nearby homes

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Assigned Schools

These are the assigned schools for 197 E 40th Street.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

East Flatbush
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East Flatbush

At least 1257 Trulia users voted on each feature.

  • 91 % Say it's walkable to grocery stores

  • 91 % Say there are sidewalks

  • 79 % Say it's walkable to restaurants

  • 78 % Say streets are well-lit

  • 72 % Say it's dog friendly

  • 65 % Say yards are well-kept

  • 58 % Say people would walk alone at night

  • 58 % Say kids play outside

  • 57 % Say there's holiday spirit

  • 51 % Say they plan to stay for at least 5 years

  • 50 % Say neighbors are friendly

  • 44 % Say car is needed

  • 44 % Say there are community events

  • 41 % Say it's quiet

  • 36 % Say parking is easy

  • 26 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Will Thompson
    "It depends on the time of day but for the most part it’s smooth. Centrally located from banks, major shopping and the subway "
    0
    Flag
  • Vaina Cayo-Augustin
    "Block party annual gatherings. Parties as everyone is familiar with everyone, neighborhood are safe and neighbors are nice"
    0
    Flag
  • Barbara J
    "excellent commute great restaurants and parks & Brooklyn museum 👍 im looking to move back to neighborhood looking for two bedroom building with elevator. My grandmother live in neighborhood for 55 years have an auntie that still live in neighborhood. "
    0
    Flag
  • Slowttt
    "Dogs are here, but no dog parks are readily available in the neighborhood. You have to travel a good distance to get to a dog park."
    0
    Flag
  • Dionne Franco-williams
    "Pretty safe area where children can play and travel to school on their own. Fairly clean sidewalks and friendly neighbors."
    0
    Flag
  • Swb8hyjqdh
    "Great neighborhood walking distance from parks, schools , grocery store ,doctor’s office etc. Family oriented."
    0
    Flag
  • Felicia Cummings
    "Nothing really. The neighborhood is a friendly neighborhood for dogs and their owners. A lot of space"
    0
    Flag
  • Therevolution1985
    "What it represents first off it’s Brooklyn Ny the biggest borough ,most known Globally, and it just elevates the passion you show when referencing where you from and it’s the home of biggie smalls "
    0
    Flag
  • Affection Johnson
    "What makes this neighborhood unique is that no matter what you need you definitely could find it it’s all type Of stores for whatever you need .This area is also great as far as transportation the bus and train is within walking distance "
    1
    Flag
  • CRYSTAL RAHMING
    "Everyone is very friendly and I get along with everyone in the community we have block parties and they be very nice everyone is just nice been living in the same house for 30 years "
    1
    Flag
  • Nancy Augustin
    "I’m here will with son just very vulnerable visiting appreciate aprt get paperwork new year 2025 thank heavens help bless do it "
    12
    Flag
  • Trulia User
    "Everyone has respect for each other, and the community knows when to shut down the music. I don't think that I should be forced to expand on the matter."
    4
    Flag
  • Trulia User
    " nice neighborhood , well manners and stores are nearby. Also transportation is near by. schools are also nearby"
    2
    Flag
  • Trulia User
    " Nothing to dislike about the neighborhood.it is safe to walk your dog anytime of day. The are is generally safe."
    3
    Flag
  • Trulia User
    "You see people walking their dogs all the time however they aren’t any dog parks near by which makes it a lot harder "
    4
    Flag
  • Trulia User
    "There some small parks and prospect park is an option for longer walks but there are some people who have dogs off leash"
    1
    Flag
  • Trulia User
    "its quite safe people looking out clean sidewalk, clean neighborhood, churches, school busses fruit stand safe fir kids to walk mostly elderly live not much young folks they grew older now "
    3
    Flag
  • Trulia User
    "Local park events during the summer. YMCA, Aviators, Brooklyn College programs, shopping and transit accessibility. "
    2
    Flag
  • Trulia User
    "The people in the neighborhood the surrounding streets And the stores that surround their playgrounds ounce church's laundry places to take the children"
    1
    Flag
  • Trulia User
    "My neighborhood is a great area to raise your kids and walk your dog . Everyone is mostly friendly or stay to themselves "
    0
    Flag
  • Trulia User
    "I've lived in the neighborhood for a year, quite and friendly neighbours. Great environment, peaceful and clean "
    7
    Flag
  • Trulia User
    "They would like everything. The community is a paradise to live in.if you are fortunate to live here your lucky "
    0
    Flag
  • Trulia User
    "People are very friendly and help others in the community. It’s a great and a loving neighborhood. Everyone are very welcome here. "
    0
    Flag
  • Trulia User
    "Great neighborhood …not too much activity and not too little. A good medium. I would advise any family settings to go and live here "
    0
    Flag
  • Trulia User
    "Central to all necessities (transportation, parks, shopping, food, etc.). Most neighbors are friendly. "
    3
    Flag
  • Trulia User
    "Great transportation accessibility. There are buses and trains close by. There are buses that take you directly to manhattan."
    0
    Flag
  • Trulia User
    "Walking distance to shopping and grocery. Many activities in the summer time. Close to prospect park with lots of fun activities for kids."
    0
    Flag
  • Trulia User
    "It’s a good school area walking distance to corner stores and food stores well lit areas and quiet neighborhood "
    0
    Flag
  • Trulia User
    "gentrification is underway so maybe it'll be more safer, new buildings are popping up but with these changes, it will be more expensive. schools and amenities to make the neighborhood more kid-oriented might take awhile"
    0
    Flag
  • Trulia User
    "There are a lot of public parks to walk your 4-legged bestie. Since many people own dogs everyone takes care to pick up after them. The one thing that a dog owner might not like is that the area is very flat. So there isn’t very challenging terrain."
    1
    Flag
  • Trulia User
    "Great ! It’s a wonderful place to live. Very lively area. Buses and trains are not to far. Will recommend this area for everyone "
    0
    Flag
  • Trulia User
    "My neighborhood was great for transportation family restaurant and local stores. Overall the place is safe and very homely feel the people are kind and caring and homes are clean "
    0
    Flag
  • Trulia User
    "I only come out for necessities ,nice shopping area and great transportation hub.Great schools but not so friendly. "
    0
    Flag
  • Trulia User
    "I lived in this neighborhood for 9 years. Friendly neighborhs clean streets and sidewalks. very quiet."
    2
    Flag
  • Trulia User
    "Long-standing homeowners, close knit community. Elderly neighbors watch out for kids. Safe streets, lots of good, inexpensive takeout."
    0
    Flag
  • Trulia User
    "I’ve been living in this area for over 8 years and I like the fact that there are trees. More homes than buildings "
    0
    Flag
  • Trulia User
    "Carnival each Labor Day is celebrated by this majority West Indian community. Noise levels are high."
    0
    Flag
  • Steve P.
    "Sometimes at the park they have festival and park party. This will make people meet other people in the neighborhood "
    13
    Flag
  • Alyssadams21
    "Nothing really Maybe the parks, there is wimbate park where we go to run have picnics , exercise , And on church avenue there lots of Caribbean spots"
    0
    Flag
  • Dwayne M.
    "Block parties are really big during the summer. Also we are close to the 2 and 5 train which gets you into manhattan in 30 minutes. "
    0
    Flag

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Apartments for Rent

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Homes for sale near 197 E 40th Street

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Off Market Homes Near 197 E 40th Street

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Based on information submitted to the MLS GRID as of 2026-02-06 15:18:24 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Homes for rent near 197 E 40th Street

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197 E 40th Street, Brooklyn, NY 11203 is a 6 bedroom, 4 bathroom, 3,600 sqft multi-family built in 2007. 197 E 40th Street is located in East Flatbush, Brooklyn. This property is not currently available for sale. 197 E 40th Street was last sold on Dec 3, 2024 for $995,000 (26% lower than the asking price of $1,350,000). The current Trulia Estimate for 197 E 40th Street is $1,021,400.