Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
500 E 40th Street

$665,000

$520 per sq ft

500 E 40th Street

Farragut, Brooklyn

MLS® #RLS10847553

RLS at REBNY

Listing by Compass

3

Bedrooms

1.5

Baths

1,280

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2 full, 1 half
Living Area 1,280 sq ft
Year Built 1910
Neighborhood Farragut

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1910)

Property Details

Type Single Family Residence
Total Rooms 7
Baths 1 Full, 1 Half
Pets Yes
Cross Street Clarendon Road/Avenue D
Year Built 1910
Living Area 1,280 sq ft
Architectural Style Prewar
Parcel # 04956-0013
Block/Lot 4956/13

Listing History

Event Date Price Change
Listed Apr 5, 2021 $665,000 -
Price Reduced May 15, 2023 $625,000 -6.0%

Description

Come see this lovely, well-maintained, renovated single family home in East Flatbush. Perfectly designed for the buyer who needs a comfortable space they can make their ow, Entering you find yourself in a spacious living room that flows easily into a formal dining room with an updated, modern kitchen just behind it. Upstairs there are three generously sized and light-filled bedrooms with tons of storage and closets ready for all of your belongings. Need more room? the finished basement provides a blank canvas for more storage, a family room or a place for a workbench. The backyard is an oasis of calm. Listen: just under the rustling of the tress is the sound of a babbling brook provided by a fountain nestled into the greenery. Family dinners or just a quiet moment alone are all waiting for you in this bucolic space. Call for an appointment or come to the open house.

Building Information

Farragut is a residential section of East Flatbush featuring two- and three-story brick rowhouses, semi-detached homes, and modest prewar apartment buildings along a level grid of streets including Avenues D, E, and Foster Avenue. The 2 and 5 trains at Flatbush Avenue-Brooklyn College station are the closest subway connection, supplemented by the B44 SBS and B46 bus routes along the neighborhood's main corridors.

Farragut Live Market Data

View Neighborhood

Active Listings

3

Median Asking Price

$550K

Median $/Sqft

$622

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/31/26, 6:45 AM EST

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Location

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500 E 40th Street, Farragut, Kings County • Near Clarendon Road/Avenue D

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
1
Residential Units
R4
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $38,760
Land Value: $12,420
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 1,280 SF
Built FAR: 0.64
Allowed FAR: 1

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

This property has 3 bedrooms and 1 full bathroom and 1 half bathroom.

The listed interior living area is 1,280 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $665,000 for 1,280 sq ft, the asking price per square foot is approximately $520. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10847553
First Listed: 4/5/2021
Price Changed: 5/15/2023
Closed: 7/8/2021
Contract Date: 4/5/2021

Listing Courtesy of Compass - Christopher Howard

Listing Contact: (347) 217-4200

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/31/2026 at 10:45 AM UTC

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