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for saleRealtyLens property overview
$1,649,000
1940 W 3rd St
Brooklyn, NY, 11223
View more Brooklyn, NY property pages3Beds
3.5Baths
1,760Sqft
$937$/sqft
Listing Notes
WE ARE PROUD TO OFFER A SOLID BRICK 2 FAMILY WITH A EXTRA WIDE PRIVATE DRIVEWAY THIS HOME FEATURES CUSTOM ITALIAN KITCHENS, NEW BATHROOMS. A MASSIVE ULTRA PRIVATE EUROPEAN BACKYARD WITH VERANDA AND OUTDOOR KITCHEN. FULL FINISHED BASEMENT LOCATED IN ONE GRAVESEND MOST DESIRABLE AND CONVENIENT LOCATIONS, MINUTES TO ALL SHOPPING AND TRANSPORTATION.
Market Insights
Above nearby median+28%
$937/sqft vs a nearby median of $732/sqft.
Nearby median$732/sqft
Nearby properties8
Property size1,760 sqft
- +28% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,760 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.25M$1.14M – $1.37M · 50% confidence
vs ask $1.65M+$394k (+23.9%)
Asking price is about 23.9% above where comps + adjustments land — there is room to negotiate.
$732/sqft median across 8 tight comps × 1,760 sqft= $1.29M
- Days-on-market gravity−$39k −3.0%
- Transit access+$32k +2.5%
- Pre-war character+$32k +2.5%
- Open Class C HPD violations−$19k −1.5%
- Sparse street life−$19k −1.5%
- Visible condition issues−$19k −1.5%
Cumulative NYC adjustments−$32k−2.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 651 days
- Last price change
- No change recorded
- Listed
- Jul 30, 2024
- Photos
- 32 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Aug 20, 1985 · $131,000
- Garage
- 4 spaces
Features & Amenities
Hardwood FloorsBasementTwo Or More StoriesGarage 1 Or MoreGarage 2 Or MoreGarage 3 Or MoreModern KitchenOutdoor KitchenPrivate BackyardShopping
Photos
Building Facts
- Year built
- 1925
- Stories
- 2
- Total units
- 2
- Residential units
- 2
- Building area
- 1,536 sqft
- Lot size
- 2,400 sqft
- Land use
- One and two family buildings
- Building class
- B3
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,649,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations6 open
1 class C (immediately hazardous)
ACRIS documents20
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)28,624
Top: illegal parking
Top complaint types in ZIP 11223
- Illegal Parking7,906
- Blocked Driveway3,396
- Noise - Residential3,012
- HEAT/HOT WATER1,480
- Street Condition829
Recent HPD
- Nov 13, 2024Class A · § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES THAT SHOULD BE FOLLOWED WHEN A GAS L...
- Nov 13, 2024Class A · § 27-2010, 2011, 2012 ADMIN CODE: CLEANSE TO THE SATISFACTION OF THIS DEPARTMENT THE VISIBLE MOLD AT GROUTS JOINTS OF CERAMIC TILES AT WEST. NORTH AND EAST WALLS AROUND BATHTUB ...
- Nov 13, 2024Class B · § 27-2005 ADMIN. CODE: PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE GROUTS AT THE CERAMIC FLOOR TILES, IN THE BATHROOM LOCATED AT APT 1, 1st STORY, 1st APARTMEN...
- Nov 13, 2024Class C · § 27-2005 ADMIN. CODE: ABATE THE NUISANCE CONSISTING OF HOTWATER EXCEEDED MAXIMUM ALLOW TEMPERATURE OF 130.F DEGREES AT HOTWATER FIXTURES, IN THE ENTIRE APARTMENT LOCATED AT APT...
Recent Transfers (ACRIS)
- Aug 20, 1985DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.