roofy
For saleHouseNewScore 73

24-bedroom house for sale in Sunset Park

527 40th St, Sunset Park (Central), Brooklyn, New York, NY, 11232

$1,499,000
Asking price · in USD
Size
7,064 ft² (656 m²)
Available
Now

About this home

House for sale in Sunset Park, Brooklyn: 24 bedrooms, 8 bathrooms, 7,064 ft². Asking price $1,499,000. Built in 1935.

From the original listing · Realtor.comShow

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 facade 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!

Description from Realtor.com, shown as published there. See the original listing

Roofy listing score

Grade B, 73/100 · Complete

How complete and honest this listing is, from what the source sites show and Roofy’s own checks. It isn’t a rating of the home or the agent. How the score works

  • Photos25/25
    • Full points: 31 photos15/15
    • Full points: Large, clear photos (about 1,000 px)10/10
  • Details15/20
    • Full points: Price stated3/3
    • Full points: Bedrooms stated2/2
    • Full points: Bathrooms stated2/2
    • Full points: Size stated2/2
    • Does not apply: Move-in date: does not apply2/2
    • Does not apply: Lease length: does not apply1/1
    • No points: No pet policy0/1
    • No points: Laundry not mentioned0/1
    • No points: Heat and utilities not mentioned0/1
    • No points: No amenities listed0/2
    • Full points: Description of 139 words3/3
  • True cost11/15
    • Some points: Taxes not stated4/8
    • Full points: Price in line with similar homes in its neighborhood7/7
  • Accuracy12/15
    • Nothing to compare: Listed on one site, nothing to compare3/6
    • Full points: Agrees with city records (built 1935, 8 homes)5/5
    • Full points: Confirmed on its source site 3 days ago4/4
  • Legal10/10
    • Full points: No fair-housing problems found in the wording6/6
    • Full points: The agent’s license is active4/4
  • Trust0/15
    • No points: Not claimed on Roofy by the agent or owner0/10
    • No points: The agent is not verified on Roofy0/5

Listed this home? Claim your agent page to add the trust points.

Scored Nov 2, 2026 · Score version 1. No one can pay to change a score.

Buying costs

What this price means for you: the monthly payment, and New York’s mansion tax, which the buyer pays on a home of $1 million or more.

Compared with the area

Asks $1,499,000, 24% below the median asking price for homes for sale with 4+ bedrooms in Sunset Park (Central).

Median here
$1,965,000
14 listings, last 90 days
Per ft²
$212.20 vs $609.68
This home vs the median, 65% lower

Asking prices of listings on Roofy and listing sites in the last 90 days, not signed leases or sale prices. One currency, never converted.

More about Sunset Park (Central)

Location

Location as the listing shows it.Open in Google Maps

Nearby transit

  • 36 StD N R8 min walk
  • 45 StN R9 min walk
  • 9 AvD14 min walk

Nearby public schools · District 15

Distance only, not school zones. Check the zoned school with NYC Public Schools.

The building

8 units · 4 floors · built 1935

Building record (NYC)

NYC records as of Nov 1 (weekly)

527 40 Street · BBL 3-00913-0061 · built 1935 · 8 units

Roofy building score 3/100 · Serious issuesAbout the building, from HPD violations. Not an inspection.
Building type
Walk-up apartment building
Open HPD violations
205 (A 35 · B 102 · C 68)
Heat complaints
1 this season
Complaints, last 12 months
35
Rent stabilization
Had 8 units in 2023 tax bills (likely)
Last sale (12-month file)
No sales in our 12-month file

68 open Class C (immediately hazardous) violations in the building.

See the full building record

Public NYC records about the building, not about the person listing it. Buyers and renters can see them on city websites too. Source: NYC Open Data (DCP PLUTO, HPD, DOF).

Added to Roofy Oct 29, 2026Last checked on Realtor.com Oct 29, 2026Roofy doesn’t verify listings. Never send money before seeing a home.