Welcome to 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. Enter 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. Upper level, 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, this home 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!
For sale
Price cut: $49K (7/21)
$649,000
518 E 40th St, Brooklyn, NY 11203
3beds
1,280sqft
Single Family Residence
Built in 1920
2,000 Square Feet Lot
$648,700 Zestimate®
$507/sqft
$-- HOA
What's special
Detached garageGenerously sized bedroomsSpacious bedroomsTraditional layoutShared drivewayWarm inviting atmosphere
- 32 days
- on Zillow |
- 1,083 |
- 38 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 08:04am
Listing by:
Jabour Realty Company 718-748-1800,
Peter Asmar 917-337-3329,
Wade Jabour 718-748-1800,
Jabour Realty Company
Source: BNYMLS,MLS#: 494065

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
Heating
- Oil, Steam/Radiator
Appliances
- Included: Refrigerator, Stove, Oil Water Heater
Features
- Flooring: Hardwood
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,280
- Total interior livable area: 1,280 sqft
Property
Parking
- Total spaces: 2
- Parking features: Shared Drive, 2 Spaces, Detached Garage
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 2,000 Square Feet
- Dimensions: 20x100
- Features: Back Yard
Details
- Foundation area: 576
- Parcel number: 049560020
- Zoning: R4
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Siding
- Foundation: Concrete Perimeter
- Roof: Pitched
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $507/sqft
- Tax assessed value: $700,000
- Annual tax amount: $5,340
- Date on market: 7/9/2025
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