527 40th Street

$1,499,000

for sale

7,064 ft²

$212 per ft²

40 rooms

24 beds

8 baths

Rental unit
Sunset Park
Resale

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Listing by Remax Edge, Limited Liability Broker, 1812 Bath Avenue, Brooklyn, NY 11214

Listing updated in the last 2 days

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Common charges

Not applicable

Estimated payment

$8,385/mo

Taxes

No info

Tax abatement

No info

About

Seller’s agent

Jason Zhou

Licensed Associate Real Estate Broker

Remax Edge

Description

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.

Policies

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Home features

Hardwood floors

Building amenities

No info on building amenities

About the building

527 40th Street

527 40th Street, Brooklyn, NY 11232

Rental building inSunset Park

8 units

4 stories

1935 built

For sale

1 available units for sale

For rent

0 available units for rent

Documents and permits

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Learn more about 527 40th Street

Property history

Price change: No changes
Days on market: Listed today

Date	Price	Event
10/12/2026	$1,499,000	Listed by Remax Edge

Explore Sunset Park

Transit

Location	Distance
NRat 36th St	0.28 miles
Rat 45th St	0.31 miles
Dat 9th Av	0.55 miles
Rat 53rd St	0.69 miles
Rat 25th St	0.75 miles

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About Sunset Park

Sales

Median asking price

24 beds

$1.67M

Tucked between Park Slope and Bay Ridge, Sunset Park is a bit of a hike from Manhattan and Downtown Brooklyn. Relative obscurity has kept rents low for decades, although that appears to be slowly changing as brownstone families are priced out of Park Slope and Carroll Gardens. A new hipster wave is beginning here: Industry City, a cluster of 16 warehouses on cobblestone streets, now hosts Smorgasburg, The Brooklyn Flea, and Mister Sunday, a day dance party in the summer. The galleries, tech conferences, rooftop movie screenings, and countless artisan shops in that complex are slowly putting Sunset Park on the map for young people.

Learn more about Sunset Park