540 E 38th Street, Brooklyn, NY 11203
OFF MARKET

540 E 38th Street
Brooklyn, NY 11203

East Flatbush
  • 5 Beds
  • 2 Baths
  • 1,544 sqft

$741,700

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $4,270/mo*
Refinance Your Home

$741,700

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $4,270/mo*
Refinance Your Home
5 Beds
2 Baths
1,544 sqft

Home Value

Trulia Estimate
$742K
Since last month
Decreased$8K (-1.1%)
Since last year
Decreased$18K (-2.4%)
Since last sale
Increased$194K (+35.9%)
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 +55% in the last 10 years
MonthEstimated value
2026
August 2026$736K
July 2026$744K
June 2026$756K
May 2026$742K
April 2026$739K
March 2026$739K
February 2026$737K
January 2026$741K
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
592 E 39th St, Brooklyn, NY
0.06
Multi-Family Home
$900,180
03/09/26
5
3
1,920
717 E 37th Street, Brooklyn, NY
0.19
Multi-Family Home
$750,000
03/09/26
3
2
1,616
337 E 35th Street, Brooklyn, NY
0.35
Multi-Family Home
$955,000
03/09/26
4
3
2,000
381 E 31st Street, Brooklyn, NY
0.32
Multi-Family Home
$1,100,000
11/07/25
4
2
1,815
664 E 42nd St, Brooklyn, NY
0.32
Multi-Family Home
$955,000
02/27/26
6
3
3,128
301 E 40th Street, Brooklyn, NY
0.53
Multi-Family Home
$1,277,000
12/16/25
4
2
1,544
263 E 39th St, Brooklyn, NY
0.59
Multi-Family Home
$680,000
12/09/25
4
2
1,428
88 Lott St, Brooklyn, NY
0.78
Multi-Family Home
$770,000
08/22/25
5
2
1,796

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
592 E 39th St, Brooklyn, NY 11203
0.06
$900,180
5
3
1,920
Recently Sold
616 E 37th Street, Brooklyn, NY 11203
0.05
$817,500
4
3
2,160
Recently Sold
3818 Avenue D, Brooklyn, NY 11203
0.09
$667,500
3
2
1,196
Off Market
550 E 40th Street, Brooklyn, NY 11203
0.10
$764,000
3
2
-
Off Market
565 E 37th Street, Brooklyn, NY 11203
0.07
$720,000
3
2
1,378
Recently Sold
604 E 38th Street, Brooklyn, NY 11203
0.11
$770,000
3
2
1,248
Recently Sold
538 E 40th St, Brooklyn, NY 11203
0.10
$755,200
3
2
-
Off Market
660 E 37th St, Brooklyn, NY 11203
0.10
$649,000
3
2
1,144
For Sale
530 E 40th St, Brooklyn, NY 11203
0.10
$725,000
3
2
1,350
Recently Sold
3912 Avenue D, Brooklyn, NY 11203
0.12
$793,000
3
2
1,312
Off Market
518 E 40th St, Brooklyn, NY 11203
0.11
$636,000
3
1.5
1,280
Recently Sold

Local Information

  • Map ViewExplore the area around 540 E 38th Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1920
Living Area
1,544 sqft
Price/Sqft
$480
Parking
Open Parking

About this House

Hot Property Alert - Prime Investment in East Flatbush Brooklyn. This 2 Family is ready, set to go. The property records indicate a total of 5 Br / 2 Bathrooms with an estimated 1544 square feet of living space with 2 separate side by side entry units. A beautiful opportunity awaits you so ""Bring the Love" to Brooklyn.
540 E 38th Street, Brooklyn, NY 11203 is a 5 bedroom, 2 bathroom, 1,544 sqft multi-family in East Flatbush, built in 1920. It last sold for $541,800 on Nov 1, 2023 (23% below the $705,000 asking price). It is currently off market. The Trulia Estimate is $741,700, with a rent estimate of $3,834/month.
Last check for updates: about 2 hours ago
Listed by Jennifer Jackson, (917) 362-1516
VYLLA Home, (888) 575-2773
Derrick A. Logan, (917) 319-0304
VYLLA Home, (888) 575-2773
Bought with: Abdus Salam, (718) 785-5588, New Dream Realty Inc, (718) 785-5588
Source: OneKey® MLS as distributed by MLS GRID, MLS#H6253364

Home Details for 540 E 38th Street

Interior Features

Interior Details
Basement: See Remarks
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2
Appliances & Utilities
Utilities: See RemarksAppliances: Gas Water Heater
Heating & Cooling
Heating: Other,See RemarksNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: See Remarks
Gas & Electric
Gas: Separate Gas Meters: 2
Levels, Entrance, & Accessibility
Levels: Two

Exterior Features

Parking & Garage
No CarportHas Open ParkingParking Spaces: 1Parking: Driveway,On Street
Frontage
Responsible for Road Maintenance: Public Maintained Road
Water & Sewer
Sewer: Other, Public Sewer

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family
Building
Construction Materials: Vinyl SidingAttached To Another Structure
Property Information
Condition: EstimatedParcel Number: 049540031

Price & Status

Price
List Price: $705,000
Status Change & Dates
Off Market Date: Fri Sep 15 2023

Active Status

MLS Status: Sold

Location

Direction & Address
City: Brooklyn
School Information
Elementary School: Contact AgentJr High / Middle School: Andries Hudde SchoolHigh School: Brooklyn College AcademyHigh School District: Brooklyn 22

Building

Building Area
Building Area: 1544 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 1742 sqft

Listing Info

Special Conditions: Auction, Real Estate Owned

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash

Miscellaneous

BasementMls Number: H6253364Attic: Full, See RemarksAttribution Contact: (917) 362-1516Showing Requirements: Showing Service

Price and Tax history

DateEventPrice
Nov 1, 2023
Source: OneKey® MLS as distributed by MLS GRID #H6253364
Sold
$541,800
Jul 28, 2023
Source: N/A
Sold
$900,097
May 18, 2023
Source: N/A
Sold
$718,000
Apr 15, 2015
Source: N/A
Sold
$18,000
Mar 26, 2014
Source: Agent Provided
Listed For Sale
$499,000

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 2026-08-19 22:58:17 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 540 E 38th Street

  • What is 540 E 38th Street estimated to be worth?
    Trulia's estimated value for 540 E 38th Street in Brooklyn, NY is $741,700.
  • What is the price history for 540 E 38th Street?
    540 E 38th Street in Brooklyn, NY last sold for $541,800 in November 2023.
  • 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 540 E 38th Street have parking?
    Yes, 540 E 38th Street in Brooklyn, NY has on-site parking.

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Off Market Homes Near 540 E 38th Street

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