Welcome to 518 East 40th Street, a classic Brooklyn gem nestled in the heart of East Flatbush. This solidly built single-family home offers 3 spacious bedrooms, 1 full bathroom, and an unfinished basement – all brimming with opportunity for customization and personal touch. Step inside and discover the charm of traditional layout and natural light throughout. The living and dining areas provide a warm, inviting atmosphere, perfect for gatherings or quiet evenings at home. Upstairs, three generously sized bedrooms offer comfortable living space for family or guests. The home features oil heat, a shared driveway, and a detached garage – a rare find in this neighborhood. While the property does need some TLC, it’s a fantastic canvas for investors, first-time buyers, or anyone ready to create their dream home. Situated in a vibrant, well-established East Flatbush community, 518 East 40th Street is close to schools, parks, shopping, and public transportation. Enjoy easy access to the B46 and B8 buses, as well as nearby subway lines that connect you to downtown Brooklyn and Manhattan. Local amenities, cultural institutions, and healthcare centers like SUNY Downstate Medical Center are just minutes away. Don't miss your chance to own a piece of Brooklyn real estate with incredible potential. Schedule your private showing today!
Active
Price cut: $49K (7/21)
$649,000
518 E 40th St #1, Brooklyn, NY 11203
3beds
1,280sqft
Single Family Residence
Built in 1920
-- sqft lot
$648,500 Zestimate®
$507/sqft
$-- HOA
What's special
Detached garageGenerously sized bedroomsSpacious bedroomsTraditional layoutWarm inviting atmosphere
- 33 days
- on Zillow |
- 527 |
- 25 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 12:31pm
Listing by:
Jabour Realty Company 917-337-3329,
Peter Asmar
Source: StreetEasy,MLS#: S1780209
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood
Interior area
- Total structure area: 1,280
- Total interior livable area: 1,280 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Has view: Yes
- View description: City, Garden, Park/Greenbelt, Skyline
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: Farragut
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $507/sqft
- Annual tax amount: $5,220
- Date on market: 7/9/2025
- Loading
- Loading