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Active - House for sale

197 E 40th Street, East Flatbush, NY 11203

6 bds|4 bth|3,600 sqft

Facts & features

House Property type
1057 days on Beycome
2007 Year built
$375 Price/Sqft.
3,025 sqft Lot size

Why you’ll love it

Discover the advantages of owning a multi-family living in East Flatbush! Nestled on a serene tree-lined street, 197 E 40th Street offers an incredible opportunity for investors and homeowners alike. This spacious gem boasts an ideal layout with four distinct units, providing an impressive array of living options. This multi-family residence is brilliantly designed for both convenience and comfort. The basement features a cozy 1-bedroom unit, while the first floor boasts a well-appointed 2-bedroom, 1-bathroom unit. On the second floor, you'll find a generous 3-bedroom, 1-bathroom unit with ample space. The third floor completes this exceptional property with a 2-bedroom, 1-bathroom unit that offers versatile living arrangements. This property is a rare find, promising versatility, and potential for rental income. With proximity to schools, shopping, and transportation, it's a smart investment in a burgeoning neighborhood. Don't miss out on the chance to make 197 E 40th Street your next home or investment opportunity! Schedule your viewing today and witness the endless possibilities it holds.

Translating description...

Listed by: Ian S Rubinstein • ian.rubinstein@redfin.com • Redfin Real Estate

Co-listed by: Redfin Real Estate

Come see by yourself

Affordability

$880,000$1,825,000
1%20%
0%90%
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Estimated monthly payment

$7,707/mo

  • Mortgage$6,826
  • Property tax$881
  • HOA fee
  • Homeowners insurance
Due at closing$1,073,250
Down payment held in escrow$270,000
Closing costs$20,250
beycome credit Est.$27,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About East Flatbush

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.

$1,350,000 Listed price

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$27,000 Credit back

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