518 E 40th St
Brooklyn, NY 11203
East Flatbush- 3 Beds
- 1.5 Baths
- 1,280 sqft
3 Beds
1.5 Baths
1,280 sqft
Local Information
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Description
Welcome to 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. Enter 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. Upper level, 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, this home 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!
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 January 02, 2026
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$497/sqft
Listed
180+ days ago
Home Details for 518 E 40th St
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Interior Details Basement: Full,UnfinishedNumber of Rooms: 8 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1280 Square FeetFoundation Area: 576 |
Appliances & Utilities Appliances: Refrigerator, Stove, Oil Water HeaterRefrigerator |
Heating & Cooling Heating: Oil,Steam/RadiatorNo CoolingHas HeatingHeating Fuel: Oil |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood |
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Exterior Home Features Roof: PitchedFoundation: Concrete Perimeter |
Parking & Garage No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Shared Drive,2 Spaces,Detached Garage |
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Cumulative Days on Market: 41 |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DuplexArchitecture: Duplex |
Building Construction Materials: SidingAttached To Another Structure |
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Price List Price: $636,000Price Per Sqft: $497/sqft |
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MLS Status: Sold |
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Direction & Address City: BrooklynCommunity: Brooklyn |
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Building Area Building Area: 1280 Square Feet |
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Lot Area: 2000 sqft |
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Special Conditions: Arm's Length |
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BasementMls Number: 494065 |
Last check for updates: about 2 hours ago
Listed by Peter Asmar, (917) 337-3329
Jabour Realty Company
Wade Jabour, (718) 748-1800
Jabour Realty Company
Source: BNYMLS, MLS#494065

Price History for 518 E 40th St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/31/2025 | $636,000 | Sold | BNYMLS #494065 |
| 08/19/2025 | $649,000 | Pending | BNYMLS #494065 |
| 07/21/2025 | $649,000 | PriceChange | BNYMLS #494065 |
| 07/09/2025 | $698,000 | Listed For Sale | BNYMLS #494065 |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,972 |
| Assessment | $651,000 |
Home facts updated by county records
Comparable Sales for 518 E 40th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Single-Family Home | $720,000 | 10/22/25 | 3 | 2 | 1,378 | |
0.18 | Single-Family Home | $770,000 | 01/27/26 | 3 | 2 | 1,248 | |
0.24 | Single-Family Home | $610,000 | 08/19/25 | 3 | 2 | 1,216 | |
0.23 | Single-Family Home | $535,000 | 02/17/26 | 6 | 2.5 | 2,668 | |
0.20 | Single-Family Home | $750,000 | 08/19/25 | 3 | 2.5 | 1,440 | |
0.12 | Single-Family Home | $799,000 | 12/30/25 | 5 | 2 | 1,582 | |
0.38 | Single-Family Home | $676,400 | 05/21/26 | 3 | 1.5 | 1,224 | |
0.37 | Single-Family Home | $904,200 | 09/04/25 | 3 | 2 | 1,300 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 518 E 40th St.
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.
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Homes for sale near 518 E 40th St
Off Market Homes Near 518 E 40th St

The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
Homes for rent near 518 E 40th St
518 E 40th St, Brooklyn, NY 11203 is a 3 bedroom, 2 bathroom, 1,280 sqft single-family home built in 1920. 518 E 40th St is located in East Flatbush, Brooklyn. This property is not currently available for sale. 518 E 40th St was last sold on Dec 31, 2025 for $636,000 (0% higher than the asking price of $636,000). The current Trulia Estimate for 518 E 40th St is $637,100.

