Ad #7915943
MLS #11691650
Exceptional investment opportunity in the heart of Sunset Park!
448 40th St., Brooklyn, NY 11220
$1,650,000
--Beds
7Baths
5,610Sqft
--Acres
About this property
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.
Property Features
0 Beds
7 Baths
5,610 Sqft
Built in 1914
0.000 Acres
3 Stories
Siding: Brick
Asphalt, Tar/Gravel, Flat Roof
Natural Gas, Steam
$17,749 / yr property tax
Kings County
Sunset Park Community
Additional Photos
Contact Information
Igor Libo
ILITE REALTY INC
Location
Listing Agent: Igor Libo
Broker: ILITE REALTY INC 718-986-4470 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: ILITE REALTY INC 718-986-4470 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$1,650,000
--
Beds
7
Baths
5,610
Sqft
448 40th St., Brooklyn, NY 11220
By contacting this agent you agree to these Terms and Conditions.
MLS# 11691650
Exceptional investment opportunity in the heart of Sunset Park!
$1,650,000
448 40th St., Brooklyn, NY 11220
--
Beds
7
Baths
5,610
Sqft
--
Acres
$1,650,000
448 40th St., Brooklyn, NY 11220
-- Beds
7 Baths
5,610 Sqft
-- Acres
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.
40 days
on BeachHouse.com
37
views
0
saves
Property Details
HOME DETAILS
0 Beds
7 Baths
5,610 Sqft
Built in 1914
0.000 Acres
3 Stories
EXTERIOR
Siding: Brick
Asphalt, Tar/Gravel, Flat Roof
INTERIOR
Natural Gas, Steam
FINANCIAL & COMMUNITY
$17,749 / yr property tax
Kings County
Sunset Park Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7915943
Viewed
37 times
Listing Status
Active
Added
Jul 02, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
My State MLS
Source Property ID
11691650
Listing Agent: Igor Libo
Broker: ILITE REALTY INC 718-986-4470 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: ILITE REALTY INC 718-986-4470 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Request Information
Start advertising today
Explore options for real estate agents and homeowners advertising on BeachHouse.com
Sell Your Home
Explore Similar Properties
