$1,374,000
- 6 Beds
- 3 Baths
- 1,800 sqft
521 40th St, Brooklyn, NY 11232
Est. Refi. Payment $7,854/mo*
Refinance Your HomeHome Value
Trulia Estimate
$1.37MSince last month
Increased$18K (+1.3%)Since last year
Increased$40K (+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 +17% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.38M |
| August 2026 | $1.37M |
| July 2026 | $1.36M |
| June 2026 | $1.36M |
| May 2026 | $1.34M |
| April 2026 | $1.33M |
| March 2026 | $1.31M |
| February 2026 | $1.32M |
| January 2026 | $1.32M |
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 |
|---|---|---|---|---|---|---|---|
0.18 | Multi-Family Home | $1,550,000 | 10/31/25 | 7 | 3 | 2,766 | |
0.17 | Multi-Family Home | $1,614,000 | 11/13/25 | 3 | 3 | 1,960 | |
0.39 | Multi-Family Home | $1,100,000 | 03/26/26 | 5 | 3 | 1,812 | |
0.32 | Multi-Family Home | $1,630,000 | 11/10/25 | 8 | 3 | 2,496 | |
0.40 | Multi-Family Home | $1,520,000 | 04/10/26 | 5 | 3 | 2,291 | |
0.35 | Multi-Family Home | $1,700,000 | 12/17/25 | 5 | 3 | 2,948 | |
0.08 | Multi-Family Home | $1,300,000 | 10/21/25 | 6 | 2 | 500 | |
0.39 | Multi-Family Home | $930,000 | 04/08/26 | 8 | 3 | 2,700 | |
0.29 | Multi-Family Home | $1,475,000 | 09/25/25 | 8 | 4 | 3,282 | |
0.30 | Multi-Family Home | $100 | 05/26/26 | 7 | 2 | 3,000 |
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 |
|---|---|---|---|---|---|---|
0.03 | $1,804,500 | 5 | 3 | 3,000 | Off Market | |
0.09 | $1,300,000 | 12 | 6 | 4,250 | For Sale | |
0.05 | $425,700 | 1 | 1 | - | Off Market | |
0.05 | - | 1 | 1 | - | Off Market | |
0.05 | - | 1 | 1 | 475 | Off Market | |
0.05 | $605,000 | 2 | 1 | - | Recently Sold | |
0.05 | - | 2 | 1 | - | Off Market | |
0.06 | $423,000 | 1 | 1 | 750 | Off Market | |
0.10 | $1,613,900 | 7 | 3 | 2,820 | Off Market | |
0.12 | $1,650,000 | 18 | 7 | 7,854 | For Sale | |
0.06 | $1,330,000 | 15 | 6 | 4,980 | For Sale |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1915
1,800 sqft
$763/sqft
About this House
Introducing a fantastic opportunity for investors and homeowners alike - a stunning attached 2-family house located at 521 40th Street in the desirable Sunset Park neighborhood of Brooklyn, NY. This spacious home boasts a generous 1,800 square feet of living space and is built 20 x 45, situated on a 100' lot with R6B zoning. Additionally, there is 2,200 square feet of residential buildable available.
This property is an excellent investment opportunity with the potential to generate significant rental income. All tenants pay their own utilities, which is a huge advantage for the owner. It can also be delivered vacant, providing flexibility for the new owner.
Spread across three levels, this home offers a perfect mix of comfort and functionality. The bottom level features three bedrooms, one bathroom, and an exit to the yard, providing the perfect space for family gatherings and outdoor entertaining. Additionally, there is a basement that contains mechanicals including the boiler and meters.
The middle level boasts a comfortable one bedroom and one bathroom, offering the perfect retreat for relaxation and rest.
Finally, the top level features two bedrooms and one bathroom, providing ample space for a growing family or guests.
Located in the vibrant Sunset Park neighborhood, this home is just steps away from an abundance of amenities, including restaurants, cafes, shops, and parks. With easy access to public transportation and major highways, this property is also conveniently located for commuting.
Don't miss out on this incredible opportunity to own a multi family home in one of Brooklyn's most sought-after neighborhoods. Schedule your viewing today!
This property is an excellent investment opportunity with the potential to generate significant rental income. All tenants pay their own utilities, which is a huge advantage for the owner. It can also be delivered vacant, providing flexibility for the new owner.
Spread across three levels, this home offers a perfect mix of comfort and functionality. The bottom level features three bedrooms, one bathroom, and an exit to the yard, providing the perfect space for family gatherings and outdoor entertaining. Additionally, there is a basement that contains mechanicals including the boiler and meters.
The middle level boasts a comfortable one bedroom and one bathroom, offering the perfect retreat for relaxation and rest.
Finally, the top level features two bedrooms and one bathroom, providing ample space for a growing family or guests.
Located in the vibrant Sunset Park neighborhood, this home is just steps away from an abundance of amenities, including restaurants, cafes, shops, and parks. With easy access to public transportation and major highways, this property is also conveniently located for commuting.
Don't miss out on this incredible opportunity to own a multi family home in one of Brooklyn's most sought-after neighborhoods. Schedule your viewing today!
521 40th St, Brooklyn, NY 11232 is a 6 bedroom, 3 bathroom, 1,800 sqft multi-family in Sunset Park, built in 1915. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,374,000, with a rent estimate of $3,737/month.
Home Details for 521 40th St
|
|---|
Levels, Entrance, & Accessibility Stories: 2 |
Appliances & Utilities Refrigerator |
|
|---|
Year Built Year Built: 1915Year Updated: 1915 |
Property Type / Style Property Type: Multi Family |
|
|---|
Units in Building: 2 |
|
|---|
Lot Area: 2003 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 8, 2024 Source: StreetEasy | ListingRemoved | $1,600,000 |
Feb 14, 2024 Source: StreetEasy | Listed For Sale | $1,600,000 |
Jul 18, 2023 Source: StreetEasy | ListingRemoved | |
Apr 21, 2023 Source: StreetEasy | PriceChange | $1,600,000 Price decreased by 11% |
Mar 24, 2023 Source: StreetEasy | Listed For Sale | $1,800,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,201 | $951,000 |
Home facts updated by county records
Market trends in New York
Last updated July 2026
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
What Locals Say about Sunset Park
At least 955 Trulia users voted on each feature.
87 % Say there are sidewalks
84 % Say it's walkable to grocery stores
83 % Say it's walkable to restaurants
79 % Say it's dog friendly
74 % Say streets are well-lit
66 % Say kids play outside
59 % Say people would walk alone at night
58 % Say there's holiday spirit
55 % Say they plan to stay for at least 5 years
54 % Say yards are well-kept
50 % Say there are community events
49 % Say neighbors are friendly
39 % Say it's quiet
34 % Say car is needed
32 % Say there's wildlife
26 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 521 40th St
- What is 521 40th St estimated to be worth?Trulia's estimated value for 521 40th St in Brooklyn, NY is $1,374,000.
- 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.
- What do residents say about the Sunset Park neighborhood?Residents describe the Sunset Park neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to grocery stores, and walkable to restaurants. See recently sold homes in Sunset Park, Brooklyn.

