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Pending · Listing by Corcoran Group
571 40th Street
Sunset Park, Brooklyn
$1,400,000
$1,400,000
571 40th Street
MLS® #RLS20117133
Listing by Corcoran Group
- 5
- Bedrooms
- 3
- Baths
- N/A
- Sq. Ft.
- 1915
- Year Built
Quick Summary
Property Highlights
- Exposure: North facing
- Character: Pre-war building (1915)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 24, 2026 | $1,400,000 | - |
| Currently | Nov 11, 2026 | $1,400,000 | - |
Description
571 40th Street is a classic brick home on one of Sunset Park's prettiest tree-lined blocks just 1 block from the park. A three-family currently configured as a two-family, it offers five bedrooms and three baths across an owner's duplex and a top-floor rental, with flexibility for how a buyer lives now and later: live in the duplex and let the rental help carry the mortgage, or restore the third unit for additional income. The duplex begins on the garden level, where a long living and dining room leads back to an eat-in kitchen with laundry, a full bath, and a mudroom opening to the deep backyard. A paved patio leaves plenty of room to grill and dine outdoors, with planted beds for gardening. On the parlor floor above, 10-foot ceilings and original moldings frame three bedrooms, a walk-in closet, and an original tiled bath. The top floor is a two-bedroom, one-bath apartment with its own kitchen, a living and dining room, and a den that works well as a home office. A full cellar provides abundant storage. Just a block away is the neighborhood's namesake park, one of Brooklyn's highest points, with sweeping views of the harbor, the Statue of Liberty, and the Manhattan skyline, along with an Olympic-size pool, a recreation center, a soccer field, and a spray playground. Beyond the park, Sunset Park is one of Brooklyn's most diverse neighborhoods, with a remarkable range of restaurants and markets along Fifth and Eighth Avenues and Industry City's shops, food hall, and waterfront a short walk west. The D, N, and R trains at 36th Street are minutes away.
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Sunset Park
View All Sunset Park ListingsSunset Park features four landmarked historic districts of Italianate, Neo-Grec, and Romanesque Revival brick and brownstone rowhouses climbing the hillside between Fourth and Eighth Avenues in western Brooklyn. The namesake hilltop park offers panoramic Manhattan skyline views and a 1936 neoclassical public pool, while the commercial corridors along Fifth Avenue and Eighth Avenue anchor the neighborhood. The D train at Ninth Avenue, N/R at 36th-45th-53rd Streets provide multiple subway connections to Manhattan.
Sunset Park Live Market Data
View NeighborhoodActive Listings
11
Median Asking Price
$595K
Median $/Sqft
$706
Avg Days on Market
N/A
New This Week
2
Price Reduced
27%
Sold (30 Days)
3
Median Sale Price
$710K
Live data from RLS at REBNY • Updated 11/11/26, 1:40 PM EST
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Location
571 40th Street, Sunset Park, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $6,144, or roughly $512 per month. Verify the current assessment with your attorney before closing.
This property has 5 bedrooms and 3 full bathrooms.
According to MLS records, the building was constructed in 1915, making it approximately 111 years old.
This listing is None
Pet policy requires confirmation with Milton Coste.
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) 416-7433Listing Courtesy of Corcoran Group - Jennifer Wang
Listing Contact: (917) 679-8189
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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 11/11/2026 at 6:40 PM UTC
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- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
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Quick Facts
Monthly Costs Estimate
$280,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$14,000
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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