Map of Property

527 40th

For Sale

527 40th, Brooklyn, NY 11232

This Brooklyn property for sale is located at 527 40th. The current listed sale price for 527 40th is $1,499,000. 527 40th is situated on a lot that is 0.06 acre in size.

Contacts

Jason Zhou

RE/MAX Edge

Property Details

  • Property Type Multi-Family
  • Property Size 1,875 SF
  • Lot Size 0.06 Acre
  • Cap Rate % 0.06
  • NOI / YR $94,362.00
  • Taxes / YR $22,424.00
  • Year Built 1935
  • Date Updated Nov 2, 2026
Exceptional investment and owner-occupant opportunity in prime Sunset Park! This oversized 8-family brick building offers approximately 7,064 sqft of living space and features 8 three-bedroom apartments, including 2 currently vacant units that have recently been gut-renovated. Measuring approximately 25 75 feet on a 25 100-foot lot, the property offers 4 stories over a basement with a separate front entrance. Bright interiors, newly renovated living spaces in the vacant units, and a classic brick fac ade add to its appeal. Approximate annual income is $165,000, with potential to increase to $178,000, and current annual net operating income is approximately $94,000, offering an approximately 6% cap rate. With existing rental income, growth potential, and flexibility for an owner-occupant, this property is an opportunity you won t want to miss. Won't Last!
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Getting around

  • 90/100

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  • 98/100

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  • 62/100

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Location

  • City Brooklyn, NY
  • Neighborhood Sunset Park
  • Zip Code 11232
  • Market Brooklyn

Points of Interest

  • Acapulco Express

    0.03 miles

  • Mega Sunset Car Service

    0.23 miles

  • 36th Street

    0.33 miles

  • Mexiana Express II

    0.33 miles

  • 9th Avenue

    0.56 miles

  • Bell Car Service

    0.58 miles

  • Mixteca USA

    0.65 miles

  • Legends Limousine

    0.75 miles

  • Prince Car Service

    0.99 miles

  • Eastern Car Service

    1.28 miles

  • FLO

    0.18 miles

  • Shell

    0.18 miles

  • BP

    0.18 miles

  • Speedway

    0.49 miles

  • Allegiance

    0.74 miles

  • Emporium 1

    0.99 miles

  • Sunoco

    1.02 miles

  • EVgo

    1.43 miles

  • plugNYC

    1.64 miles

  • Tesla Supercharger

    2.53 miles

  • Hospital Parking

    1.00 miles

  • Ultra Car Park Systems

    1.51 miles

  • Car Park Systems

    1.57 miles

  • IKEA

    1.57 miles

  • School Bus Depot

    1.62 miles

  • Garfield Garage

    2.08 miles

  • Brooklyn Cruise Terminal Parking

    2.19 miles

  • Rapid Park

    2.28 miles

  • The Brooklyn Museum and Botanic Garden

    2.49 miles

  • Eastern Fruits and Vegetables

    2.51 miles

  • The Vue Hotel Express

    0.02 miles

  • Phoenix Hotel

    0.05 miles

  • Wyndham Garden

    0.11 miles

  • Days Inn

    0.15 miles

  • King Hotel

    0.18 miles

  • Hotel BPM

    0.43 miles

  • Quality Inn

    0.43 miles

  • Knights Inn

    0.43 miles

  • Holiday Inn Express

    0.45 miles

  • L Hotel

    0.47 miles

  • Key Food

    0.21 miles

  • Food Universe

    0.37 miles

  • C-Town

    0.37 miles

  • Lucky

    0.41 miles

  • Sunrise Mart

    0.42 miles

  • Fei Long Market

    0.47 miles

  • 88 Fresh Vegetable Market Inc.

    0.48 miles

  • Bravo

    0.48 miles

  • Sahadi's

    0.49 miles

  • Marketa Los Fernandez

    0.53 miles

Contact Listing Broker
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