448 40th

For Sale

448 40th, Brooklyn, NY 11220

This Brooklyn property for sale is located at 448 40th. The current listed sale price for 448 40th is $1,550,000. 448 40th is situated on a lot that is 0.08 acre in size.

Contacts

Yujie Zhang

Ilite Realty Inc

Property Details

  • Property Type Multi-Family
  • Property Size 2,244 SF
  • Lot Size 0.08 Acre
  • Taxes / YR $17,748.60
  • Property Tenancy Owner Occupied
  • Year Built 1914
  • Date Updated Nov 2, 2026
Exceptional investment opportunity in the heart of Sunset Park! This well-maintained 6-family brick building (33x68, zoned R6B) features six spacious 3-bed/1-bath units with strong current income of $10,020/month ($120,240/yr) and a 5.1% cap rate at ask. Annual expenses of approximately $37,949 include taxes, insurance, gas, water, and common electric. Building highlights include brand-new 3rd floor windows and a roof approximately 7 8 years old minimal near-term cap-ex. Conveniently located near the N/D/R trains, shopping, Sunset Park, the waterfront at Industry City and convenient express transit options into Manhattan. A rare opportunity to acquire a high-unit-count asset with a manageable expense ratio and clear "day-one" equity growth potential. Perfect for 1031 exchange buyers or portfolio growth.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 95/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 71/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Brooklyn, NY
  • Neighborhood Sunset Park
  • Zip Code 11220
  • Market Brooklyn

Points of Interest

  • Acapulco Express

    0.10 miles

  • Mega Sunset Car Service

    0.22 miles

  • 36th Street

    0.29 miles

  • Mexiana Express II

    0.32 miles

  • Bell Car Service

    0.53 miles

  • Mixteca USA

    0.62 miles

  • 9th Avenue

    0.69 miles

  • Legends Limousine

    0.76 miles

  • Prince Car Service

    0.95 miles

  • Eastern Car Service

    1.31 miles

  • BP

    0.05 miles

  • FLO

    0.15 miles

  • Shell

    0.20 miles

  • Speedway

    0.48 miles

  • Allegiance

    0.77 miles

  • Emporium 1

    0.91 miles

  • Sunoco

    1.01 miles

  • 7-Eleven

    1.22 miles

  • EVgo

    1.53 miles

  • plugNYC

    1.68 miles

  • Hospital Parking

    0.91 miles

  • IKEA

    1.49 miles

  • School Bus Depot

    1.54 miles

  • Ultra Car Park Systems

    1.56 miles

  • Car Park Systems

    1.63 miles

  • Brooklyn Cruise Terminal Parking

    2.10 miles

  • Garfield Garage

    2.11 miles

  • Rapid Park

    2.32 miles

  • The Brooklyn Museum and Botanic Garden

    2.56 miles

  • Eastern Fruits and Vegetables

    2.64 miles

  • Days Inn

    0.08 miles

  • Wyndham Garden

    0.08 miles

  • Phoenix Hotel

    0.13 miles

  • The Vue Hotel Express

    0.15 miles

  • King Hotel

    0.31 miles

  • Quality Inn

    0.32 miles

  • Hotel BPM

    0.39 miles

  • L Hotel

    0.44 miles

  • GLo Best Western Brooklyn

    0.50 miles

  • Knights Inn

    0.56 miles

  • Key Food

    0.18 miles

  • Food Universe

    0.24 miles

  • Sunrise Mart

    0.33 miles

  • C-Town

    0.36 miles

  • Sahadi's

    0.40 miles

  • Bravo

    0.42 miles

  • Marketa Los Fernandez

    0.52 miles

  • Lucky

    0.53 miles

  • Saks Fifth Avenue

    0.53 miles

  • Fei Long Market

    0.58 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.