---
title: "1227 40TH Street, Brooklyn, NY 11218"
description: "1227 40TH Street, Brooklyn, NY 11218 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,475,000. Est. potential buyer savings up to $36,875 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/1227-40th-street-ny-11218"
source: "Real Estate Rebate Team"
---

# 1227 40TH Street, Brooklyn, NY 11218

> **Listing Courtesy of:** Berkshire Hathaway HomeServices New York Properties

## Description

Great development opportunity 
 Lot Size: 20' X 95' Max Usable FAR: 4624 Sq Ft
 Call agent for details

## Property Details

- **Price**: $1,475,000
- **Potential Buyer Rebate**: $36,875
- **Bedrooms**: 4
- **Bathrooms**: 3
- **Living Area**: 1,928 sqft
- **Property Type**: Residential
- **Year Built**: 1901
- **Building**: 1227 40TH Street
- **Neighbourhood**: Borough Park
- **Area / Borough**: Brooklyn
- **Subdivision**: Borough Park
- **Listing Office**: Berkshire Hathaway HomeServices New York Properties
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$36,875** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/1227-40th-street)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/borough-park)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> This 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.