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

$1,217,000

Trulia Estimate
  • 6 Beds
  • 4 Baths
  • 3,600 sqft

197 E 40th Street, Brooklyn, NY 11203

East Flatbush
Est. Refi. Payment $6,901/mo*
Refinance Your Home
Currently Off Market - Sold Dec 3, 2024 for $995,000

Home Value

Trulia Estimate
$1.22M
Since last month
Increased$50K (+4.3%)
Since last year
Increased$214K (+21.2%)
Since last sale
Increased$227K (+22.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +49% in the last 10 years
MonthEstimated value
2026
August 2026$1.22M
July 2026$1.17M
June 2026$1.09M
May 2026$1.01M
March 2026$1.01M
February 2026$1.03M
January 2026$1.04M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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
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 Street, Brooklyn, NY
0.05
Multi-Family Home
$680,000
12/09/25
4
3
3,408
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
390 E 49th Street, Brooklyn, NY
0.43
Multi-Family Home
$1,075,000
09/17/25
6
1
2,900

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
263 E 39th Street, Brooklyn, NY 11203
0.05
$1,199,000
4
3
3,408
For Sale
4017 Church Ave, Brooklyn, NY 11203
0.06
$999,000
4
2
-
For Sale
3903 Church Ave, Brooklyn, NY 11203
0.08
$772,600
4
2
1,300
Off Market
166 E 40th St, Brooklyn, NY 11203
0.07
$938,600
4
2.5
2,080
Off Market
952 Albany Ave, Brooklyn, NY 11203
0.03
$990,000
Studio
-
-
Recently Sold
952 Albany Ave #3, Brooklyn, NY 11203
0.03
$990,000
4
3
2,400
Recently Sold
252 E 39th St #6FAM, Brooklyn, NY 11203
0.07
$2,017,900
12
4
6,264
Off Market
334 39th St, Brooklyn, NY 11219
0.07
$1,550,000
-
-
-
For Sale
223 E 39th Street, Brooklyn, NY 11203
0.09
$1,106,300
5
2
-
Off Market
297 E 40th Street, Brooklyn, NY 11203
0.06
$912,600
4
2.5
-
Off Market
282 E 39th St, Brooklyn, NY 11203
0.08
$898,300
5
3.5
2,240
Off Market

Local Information

  • Map ViewExplore the area around 197 E 40th Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
2007
Living Area
3,600 sqft
Price/Sqft
$338
Parking
Open Parking

About this House

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
197 E 40th Street, Brooklyn, NY 11203 is a 6 bedroom, 4 bathroom, 3,600 sqft multi-family in East Flatbush, built in 2007. It last sold for $995,000 on Dec 3, 2024 (26% below the $1,350,000 asking price). More recently, it was listed as a rental in May 2019 with an asking price of $2,400 per month. That rental listing was removed on June 4, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,217,000, with a rent estimate of $3,762/month.
Last check for updates: about 15 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

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

Price and Tax history

DateEventPrice
Dec 3, 2024
Source: OneKey® MLS as distributed by MLS GRID #L3510072
Sold
$995,000
Mar 28, 2024
Source: OneKey® MLS as distributed by MLS GRID #3510072
Pending
$1,350,000
Oct 12, 2023
Source: OneKey® MLS as distributed by MLS GRID #3510072
Listed For Sale
$1,350,000
Jun 4, 2019
Source: Agent Provided
ListingRemoved
$2,400
May 16, 2019
Source: Agent Provided
Listed For Rent
$2,400

Market trends in New York

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM

Around this home

Neighborhood Overview

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

What Locals Say about East Flatbush

At least 1261 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

  • 73 % 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 neighbors are friendly

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

  • 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.
  • Cindyreneem12
    "My neighbor is Flatbush area. You’ll be able to find transportation easily. There’s buses, trains, citi bikes, cabs and dollar cabs"
    0
    Flag
  • Trulia User
    "Lovely community that keeps on grounded. The garbage streets is improved as it seems more landlords are cleaning the street but there are spots that remain gross especially adjacent to empty lots or building construction areas. Most people are friendly to newcomers. Prospect park is a huge asset. I am impressed and pleased that NYC is taking care of and improving the park especially south of Lincoln ave. "
    0
    Flag
  • 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 "
    1
    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
    "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

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-29 07:37:44 PDT 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

Frequently asked questions about 197 E 40th Street

  • What is 197 E 40th Street estimated to be worth?
    Trulia's estimated value for 197 E 40th Street in Brooklyn, NY is $1,217,000.
  • What is the price history for 197 E 40th Street?
    197 E 40th Street in Brooklyn, NY last sold for $995,000 in December 2024.
  • Is Brooklyn a buyer's or seller's market?
    Brooklyn is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Brooklyn?
    The median sale price in Brooklyn is $794K. That is up $26.67K from the prior month.
  • Does 197 E 40th Street have air conditioning?
    Yes, 197 E 40th Street in Brooklyn, NY has air conditioning.
  • Does 197 E 40th Street have parking?
    Yes, 197 E 40th Street in Brooklyn, NY has on-site parking.

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Apartments for Rent

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Off Market Homes Near 197 E 40th Street

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