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

$735,600

Trulia Estimate
as of May 21, 2026
Est. Refi. Payment $4,109/mo*
Refinance Your Home

$735,600

Trulia Estimate
as of May 21, 2026
Est. Refi. Payment $4,109/mo*
Refinance Your Home
5 Beds
2 Baths
1,544 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.
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 November 23, 2024

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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: Other
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
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

Price History for 540 E 38th Street

DatePriceEventSource
11/01/2023$541,800Sold
OneKey® MLS as distributed by MLS GRID #H6253364
07/28/2023$900,097Sold
N/A
05/18/2023$718,000Sold
N/A
04/15/2015$18,000Sold
N/A
03/26/2014$499,000Listed For SaleAgent Provided
04/03/2007$495,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$5,897
Assessment$604,000
Home facts updated by county records

Comparable Sales for 540 E 38th Street

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
1246 Troy Ave, Brooklyn, NY
0.30
Multi-Family Home
$499,000
07/31/25
3
2
1,216
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
295 E 38th Street, Brooklyn, NY
0.54
Multi-Family Home
$840,000
05/29/25
6
2
2,008
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

Assigned Schools

These are the assigned schools for 540 E 38th Street.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

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.
  • Vaina Cayo-Augustin
    "Block party annual gatherings. Parties as everyone is familiar with everyone, neighborhood are safe and neighbors are nice"
    0
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  • 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 "
    0
    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
    "Great ! It’s a wonderful place to live. Very lively area. Buses and trains are not to far. Will recommend this area for everyone "
    0
    Flag
  • Trulia User
    "My neighborhood was great for transportation family restaurant and local stores. Overall the place is safe and very homely feel the people are kind and caring and homes are clean "
    0
    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
    "East Flatbush is a very cultural neighborhood. There is easy access to transportation like buses and subways and local markets all over the block. Even though there are problems with shootings and burglaries issues with poverty, Flatbush is a nice neighborhood. "
    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

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Apartments for Rent

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Homes for sale near 540 E 38th Street

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Off Market Homes Near 540 E 38th Street

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Based on information submitted to the MLS GRID as of 2026-02-06 15:18:24 PST. 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

Homes for rent near 540 E 38th Street

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540 E 38th Street, Brooklyn, NY 11203 is a 5 bedroom, 2 bathroom, 1,544 sqft multi-family built in 1920. 540 E 38th Street is located in East Flatbush, Brooklyn. This property is not currently available for sale. 540 E 38th Street was last sold on Nov 1, 2023 for $541,800 (23% lower than the asking price of $705,000). The current Trulia Estimate for 540 E 38th Street is $735,600.