--- title: "571 40th Street, New York City, NY 11232" description: "571 40th Street, New York City, NY 11232 — Multi Family Home in Sunset Park, Brooklyn, NY. Listing Price $1,400,000. 5 bed, 3 bath, 2,064 sqft Illustrative Buyer Commission Share of $21,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11232/571-40th-street-ny-11232" source: "Real Estate Rebate Team" dateModified: "2026-09-27T06:38:57.484Z" status: "Active" --- # 571 40th Street, New York City, NY 11232 Multi Family Home in Sunset Park, Brooklyn, NY Courtesy of Corcoran Group Last updated: September 27, 2026, 2:38 AM ## At a Glance - **Listing Price**: $1,400,000 - **Beds**: 5 - **Baths**: 3 - **Sqft**: 2,064 - **Monthly Taxes**: $512 / mo - **Price per Sqft**: $678 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,400,000 - **Illustrative Buyer Commission Share**: -$21,000* - **Illustrative Net Cost**: $1,379,000 *Illustrative Buyer Savings of $21,000 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![571 40th Street, New York City, NY 11232 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ecdde117-af8f-4624-9d73-17b7b4fa5762.jpg) ![571 40th Street, New York City, NY 11232 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/15b5da63-b985-4a97-b854-9b3d35f8a401.jpg) ![571 40th Street, New York City, NY 11232 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e672c073-cb96-4c3d-bb30-5de6ac16623d.jpg) ![571 40th Street, New York City, NY 11232 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bafcd5eb-f919-443e-bd6f-641c4f7740d7.jpg) ![571 40th Street, New York City, NY 11232 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2bc0a8f2-3655-479c-befe-29f40d061f73.jpg) ![571 40th Street, New York City, NY 11232 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/21452adc-6e0a-4d74-baf3-a33f4ae33e65.jpg) ![571 40th Street, New York City, NY 11232 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a209d591-8286-4b37-8959-c48ad9270eba.jpg) ![571 40th Street, New York City, NY 11232 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dff60ea5-d856-4f06-bfc4-67a6051d3eaa.jpg) ![571 40th Street, New York City, NY 11232 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5f5b28d4-2914-4eb7-bfea-f67b34bab3ce.jpg) ![571 40th Street, New York City, NY 11232 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c3afbb48-0109-40c8-a405-851b86a54136.jpg) ## Property Overview 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. ## Property Details - **Property Type**: Multi Family - **Beds**: 5 - **Baths**: 3 - **Rooms**: 12 - **Sqft**: 2,064 sqft - **Stories**: 3 - **Year Built**: 1915 - **Price per Sqft**: $678 - **Monthly Taxes**: $512 / mo - **Listed On**: Sep 24, 2026 - **Days on Market**: 4 Days ### Residence Features - See Remarks - Building Garden - Private Outdoor Space Over 60 Sqft ## Estimated Monthly Payment **$7,591 / month**, assuming a 20% down payment ($280,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $7,079 - **Property Taxes**: $512 Estimates only. Actual payments may vary. Confirm terms with your lender. ## About The Building ### 571 40th Street 571 40th Street, Brooklyn, NY 11232 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1915 - **Active Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/571-40th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11232/571-40th-street-ny-11232) | 5 | 3 | 2,064 sqft | $678 | $1,400,000 | Corcoran Group | Sep 24, 2026 | 3 days | ## Sunset Park Overview of Sunset Park [Explore Sunset Park](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/sunset-park) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Sunset Park - [Bay Ridge real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bay-ridge) - [South Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/south-slope) - [Windsor Terrace real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace) - [Red Hook real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/red-hook) - [Borough Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/borough-park) - [Kensington real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington) ## Related Links - [571 40th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/571-40th-street) - [Sunset Park neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/sunset-park) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.