518 E 40th St #1, Brooklyn, NY 11203
Property image
Property image
OFF MARKET

$653,500

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,280 sqft

518 E 40th St #1, Brooklyn, NY 11203

East Flatbush
Est. Refi. Payment $3,917/mo*
Refinance Your Home
Currently Off Market - Sold Oct 24, 2025 for $636,000

Home Value

Trulia Estimate
$654K
Since last month
Increased$600 (+0.1%)
Since last year
Increased$7K (+1.1%)
Since last sale
Increased$19K (+3%)
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 +1% in the last 10 years
MonthEstimated value
2026
September 2026$655K
August 2026$654K
July 2026$644K
June 2026$639K
May 2026$638K
March 2026$636K
February 2026$642K
January 2026$643K
2025

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
518 E 40th St, Brooklyn, NY
0.00
Single-Family Home
$636,000
12/31/25
3
1.5
1,280
530 E 40th St, Brooklyn, NY
0.02
Single-Family Home
$725,000
04/17/26
3
2
1,350
565 E 37th Street, Brooklyn, NY
0.12
Single-Family Home
$720,000
10/22/25
3
2
1,378
4009 Clarendon Rd, Brooklyn, NY
0.09
Single-Family Home
$625,500
01/29/26
3
2
946
604 E 38th Street, Brooklyn, NY
0.18
Single-Family Home
$770,000
01/27/26
3
2
1,248
597 E 43rd St #1, Brooklyn, NY
0.25
Single-Family Home
$650,000
01/14/26
3
1.5
1,280
1246 Troy Ave, Brooklyn, NY
0.21
Single-Family Home
$760,000
06/04/26
3
2
1,216

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
515 E 40th St, Brooklyn, NY 11203
0.03
$669,000
3
2
1,264
For Sale
509 E 40th St, Brooklyn, NY 11203
0.03
$811,300
3
2.5
-
Off Market
518 E 40th St, Brooklyn, NY 11203
0.00
$636,000
3
1.5
1,280
Recently Sold
1248 Albany Ave, Brooklyn, NY 11203
0.05
$918,900
Studio
3
-
Off Market
504 E 40th St, Brooklyn, NY 11203
0.02
$875,300
3
1.5
1,280
Off Market
533 E 40th St, Brooklyn, NY 11203
0.04
$730,600
3
2
1,728
Off Market
530 E 40th St, Brooklyn, NY 11203
0.02
$725,000
3
2
1,350
Recently Sold
500 E 40th St, Brooklyn, NY 11203
0.03
$751,500
3
2
1,280
Off Market
1262 Albany Ave, Brooklyn, NY 11203
0.05
$767,700
4
1.5
1,480
Off Market
538 E 40th St, Brooklyn, NY 11203
0.03
$764,800
3
2
-
Off Market
4008 Clarendon Road, Brooklyn, NY 11203
0.05
$785,000
5
3
1,854
Recently Sold

Local Information

  • Map ViewExplore the area around 518 E 40th St #1.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1920
1,280 sqft
$511/sqft
Garage

About this House

What's unique:Detached garageGenerously sized bedroomsSpacious bedroomsTraditional layoutWarm inviting atmosphere
Welcome to 518 East 40th Street, a classic Brooklyn gem nestled in the heart of East Flatbush. This solidly built single-family home offers 3 spacious bedrooms, 1 full bathroom, and an unfinished basement – all brimming with opportunity for customization and personal touch. Step inside and discover the charm of traditional layout and natural light throughout. The living and dining areas provide a warm, inviting atmosphere, perfect for gatherings or quiet evenings at home. Upstairs, three generously sized bedrooms offer comfortable living space for family or guests. The home features oil heat, a shared driveway, and a detached garage – a rare find in this neighborhood. While the property does need some TLC, it’s a fantastic canvas for investors, first-time buyers, or anyone ready to create their dream home. Situated in a vibrant, well-established East Flatbush community, 518 East 40th Street is close to schools, parks, shopping, and public transportation. Enjoy easy access to the B46 and B8 buses, as well as nearby subway lines that connect you to downtown Brooklyn and Manhattan. Local amenities, cultural institutions, and healthcare centers like SUNY Downstate Medical Center are just minutes away. Don't miss your chance to own a piece of Brooklyn real estate with incredible potential. Schedule your private showing today!
518 E 40th St #1, Brooklyn, NY 11203 is a 3 bedroom, 2 bathroom, 1,280 sqft single-family home in East Flatbush, built in 1920. It last sold for $636,000 on Oct 24, 2025 (2% below the $649,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $653,500, with a rent estimate of $3,986/month.
Contact this Building
Property Website
Last check for updates: about 14 hours ago
Listed by Peter Asmar
Jabour Realty Company
Source: StreetEasy, MLS#S1780209

Home Details for 518 E 40th St #1

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 7
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1280 Square Feet
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Floors: Hardwood
View
Has a ViewView: City, Garden, Park/Greenbelt, Skyline

Exterior Features

Parking & Garage
Has a GarageParking: Garage

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence

Price & Status

Price
List Price: $649,000

Location

Direction & Address
City: BrooklynCommunity: Farragut

Building

Building Area
Building Area: 1280 Square Feet

Listing Info

Special Conditions: Resale

Miscellaneous

Mls Number: S1780209Listing Url

Additional Information

STREETEASY Property ID: 24347322STREETEASY Building ID: 6320582

Price and Tax history

DateEventPrice
Oct 24, 2025
Source: StreetEasy #S1780209
Sold
$636,000
Aug 19, 2025
Source: StreetEasy #S1780209
Contingent
$649,000
Jul 21, 2025
Source: StreetEasy #S1780209
PriceChange
$649,000
Price decreased by 7%
Jul 9, 2025
Source: StreetEasy #S1780209
Listed For Sale
$698,000

Market trends in New York

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM

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

Frequently asked questions about 518 E 40th St #1

  • What is 518 E 40th St #1 estimated to be worth?
    Trulia's estimated value for 518 E 40th St #1 in Brooklyn, NY is $653,500.
  • What is the price history for 518 E 40th St #1?
    518 E 40th St #1 in Brooklyn, NY last sold for $636,000 in October 2025.
  • Is Brooklyn a buyer's or seller's market?
    Brooklyn is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Brooklyn?
    The median sale price in Brooklyn is $818K. That is up $21.67K from the prior month.
  • Does 518 E 40th St #1 have a garage?
    Yes, 518 E 40th St #1 in Brooklyn, NY has a garage.

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