What is the rent for a studio at 417 40 STREET, Brooklyn, NY, 11232?

Based on recent listing data, rent for a studio at 417 40 STREET, Brooklyn, NY, 11232 is approximately $1,700 per month.

What is the rent for a 1-bedroom at 417 40 STREET, Brooklyn, NY, 11232?

Based on recent listing data, rent for a 1-bedroom at 417 40 STREET, Brooklyn, NY, 11232 is approximately $2,200 per month.

How does rent at 417 40 STREET, Brooklyn, NY, 11232 compare to the neighborhood?

Compared to other buildings in the 11232 zip code: 1-bedroom rents are about 42% below the neighborhood median.

Is 417 40 STREET, Brooklyn, NY, 11232 rent stabilized?

Yes, 417 40 STREET, Brooklyn, NY, 11232 is rent stabilized with 43 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.

When is the cheapest time to rent at 417 40 STREET, Brooklyn, NY, 11232?

Based on historical listing data, February tends to be the most affordable month to sign a lease at 417 40 STREET, Brooklyn, NY, 11232, while May is typically the most expensive. Timing your move to February could save approximately 12% compared to peak pricing.

Who is the landlord of 417 40 STREET, Brooklyn, NY, 11232?

The registered owner of 417 40 STREET, Brooklyn, NY, 11232 is VM REALTY 8, LLC. You can view their full portfolio of buildings on Lucid Rents.

Is the landlord of 417 40 STREET, Brooklyn, NY, 11232 a good landlord?

417 40 STREET, Brooklyn, NY, 11232, owned by VM REALTY 8, LLC, has an overall grade of B (3.8/5) on Lucid Rents. The building has 35 recorded violations. Tenants have left 1 review. Check tenant reviews for firsthand experiences.

What is the building rating for 417 40 STREET, Brooklyn, NY, 11232?

417 40 STREET, Brooklyn, NY, 11232 has an overall grade of B with a score of 3.8 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.

Are there violations or complaints at 417 40 STREET, Brooklyn, NY, 11232?

Yes, 417 40 STREET, Brooklyn, NY, 11232 has 35 housing violations and 42 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.

What amenities does 417 40 STREET, Brooklyn, NY, 11232 have?

417 40 STREET, Brooklyn, NY, 11232 offers 2 amenities including Fios Available, Hardwood Floors. View the full amenity list on the building page.

What schools are near 417 40 STREET, Brooklyn, NY, 11232?

There are 10 schools near 417 40 STREET, Brooklyn, NY, 11232, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include Sunset Park Prep (2 min walk), I.s. 136 Charles O. Dewey (2 min walk), P.s. 024 (2 min walk), Global Innovators Academy (3 min walk), Brooklyn Prospect Charter School - Csd 15 (3 min walk), and more.

What public transit is near 417 40 STREET, Brooklyn, NY, 11232?

417 40 STREET, Brooklyn, NY, 11232 has 4 transit options nearby. The closest include: bus: 5 AV/41 ST (B63), 0.12 mi away.

Is 417 40 STREET, Brooklyn, NY, 11232 safe? What is the crime rate nearby?

The 11232 zip code where 417 40 STREET, Brooklyn, NY, 11232 is located had 1,349 crime incidents in the past 2 years, including 121 violent crimes, 339 property crimes, and 889 quality-of-life incidents. Check the neighborhood report card for 11232 for full details.

When was 417 40 STREET, Brooklyn, NY, 11232 built and how many units does it have?

417 40 STREET, Brooklyn, NY, 11232 was built in 1938, has 3 floors, contains 49 total units.

What do tenants say about living at 417 40 STREET, Brooklyn, NY, 11232?

417 40 STREET, Brooklyn, NY, 11232 has 1 tenant review with an average rating of 4.0 out of 5. 0 out of 1 reviewers would recommend this building.

417 40 STREET — Rent Intelligence for Sunset Park, NYC

Sunset Park · Brooklyn, NY, 11232

Built 19383 floors49 unitsBBL 3007090058

Current rent range

$1,700 – $2,200 / mo

2 bedroom bands tracked · sampled from recent listings · rent stabilized

Leave a review

★★★★★4.01 reviews

Verified reviewsVROwned byVM REALTY 8, LLC3 bldgs

417 40 STREET

Brooklyn, NY, 11232

417 40 STREET is a mid-century 1938 building, 49 units in Sunset Park, NYC. Owned by VM REALTY 8, LLC. Public records show 36 open violations, 42 311 complaints, 3 active litigation matters on file. Risk signals: 1 bedbug report. Rent stabilization on file covers 43 units (registered 2024). Lucid Rents has 1 verified tenant review on this building.

HPD violations35last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews14.0 ★ avg

Rent-stab units49DHCR records

Building age88 ybuilt 1938

311 complaints42last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Brooklyn · February 2026

Studio

$1,700/mo

4 listings

1 BR

$2,200/mo

12 listings

This building is rent stabilized — actual rents typically trade below neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

February

Most expensive

May

JFMAMJJASOND

Potential savings: ~12% by timing your move to February.

Rent vs. area median Brooklyn

Studio

This building: $1,700 – $1,700

—Area: —

1 BR

This building: $2,200 – $2,200

42% belowArea: $3,820

2 BR

This building: — – —

—Area: $5,750

3 BR

This building: — – —

—Area: $3,000

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Brooklyn

Studio4 listings

$1,700

$1,700

1 Bed12 listings

$2,200

$3,755 – $3,895

Range (P25 – P75)MedianBased on recent listings in Brooklyn

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Southwest Brooklyn

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$1,764

current quarter

Effective rent

—

per bedroom only

YoY change

1.0%

asking, vs 1 yr ago

10-year change

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Neighborhood risks.

within 0.75 mi

89 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

brownfields, industrial zones, sanitation

Block-level

1447

311 noise, rats, bedbug history

Sources: NYC DHS · DOB · 311 · DSNY · FDNY · NYS DCJS · NYS DECSee full report

02 / 10

Neighborhood risks.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Improving

HPDTop Violations

35 total

Paint/Plaster
19
Window/Guard
3
Door/Lock
3
Pest Infestation
3
Roof/Ceiling
2

311Top Complaints

42 total

HEAT/HOT WATER
10
Noise - Residential
9
DOOR/WINDOW
8
Water System
4
Rodent
2

DOBTop Filings

1 total

DOB Violations
1

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(2 units)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class AVIOLATION DISMISSEDJun 16, 2025
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.
Class BVIOLATION DISMISSEDFeb 2, 2025
§ 27-2005 ADM CODE REPAIR THE ROOF SO THAT IT WILL NOT LEAK OVER THE CEILING AT PUBLIC HALL, 3rd STORY, SECTION ''NORTH''
Class AVIOLATION DISMISSEDFeb 2, 2025
§ 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING AT PUBLIC HALL, 3rd STORY, SECTION ''NORTH''
Class BVIOLATION DISMISSEDFeb 2, 2025
§ 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE FIRE RETARDANT PLASTER AT CEILING AT PUBLIC HALL, 3rd STORY, SECTION ''NORTH''
Class ANOV SENT OUTAug 1, 2024
§ 27-2053 ADM CODE POST SIGN ON WALL OF ENTRANCE STORY BEARING NAME, ADDRESS INCLUDING APARTMENT NUMBER IF ANY, AND TELEPHONE NUMBER OF SUPERINTENDENT, JANITOR OR HOUSEKEEPER. AT PUBLIC HALL, 1st STORY

See all 35 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

4.0 /5

★ ★ ★ ★ ★

1 reviews

5★

4★

100%

3★

2★

1★

Pros: Generally trustworthy neighbors. Cons: Landlords will routinely do the bare minimum. Advice to landlord: Just because a stove is “new” doesn’t mean it’s not dated. 2+ years with a broken front door is unacceptabl…

positiveSep 2021

Anonymous

View all 1 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

2 amenities

OTHER

Fios Available
Hardwood Floors

04 / 09

Building amenities.

05 / 10

The landlord.

VM REALTY 8, LLC

Portfolio of 3 buildingsHead officer: VINCENT THEURERMail: 6717 4TH AVENUE, Brooklyn, NY, 11220

Portfolio-level grade reflects the landlord's buildings across NYC, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

3.8

avg score / 5

B+

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

1938Building constructed49 units · 3 floors
nowVM REALTY 8, LLCOwner of record per HPD registration · manages 3 buildings · registration active through 2027-09-01.

05 / 09

The landlord.

06 / 10

Crime & safety.

11232 · last 12 months

Safety & Crime

Very safeSafety score · last 12 months

NYPD CompStat · updated weekly

LAST 12 MONTHS · 11232

Violent121

Property339

Quality-of-life889

Total incidents1,349

07 / 10

About this area.

Sunset Park · 11232

417 40 STREET · Brooklyn · 40.652° N, -74.006° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby2 min

7 schools nearby2 min

Nearby Transit

BUS

5 AV/41 STB63
0.1 mi2 min
5 AV/42 STB63
0.2 mi3 min
5 AV/44 STB63
0.2 mi4 min
39 ST/6 AVB70B35
0.2 mi5 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

Sunset Park PrepMiddle School
0.1 mi2 min
I.s. 136 Charles O. DeweyMiddle School
0.1 mi2 min
P.s. 024Elementary
0.1 mi2 min
Global Innovators AcademyMiddle School
0.1 mi3 min

CHARTER SCHOOLS

Brooklyn Prospect Charter School - Csd 15Secondary
0.1 mi3 min
Brooklyn Prospect Charter School - Csd 15Secondary
0.1 mi3 min
Brooklyn Prospect Charter School - Csd 13.2Elementary
0.1 mi3 min

PRIVATE SCHOOLS

Al Madrasa Al IslamiyaElementary
0.7 mi13 min
Tomer Dvora School - Site 2Elementary
0.7 mi15 min
Bnos Margulia ViznitzElementary
0.8 mi16 min

The neighborhood

Sunset Park

Sunset Park's western edge meets Industry City and the working waterfront — massive warehouses repurposed as food halls, coworking spaces, and artisan workshops. The residential blocks climb the hill with views of the Statue of Liberty, and the area's Latino and Chinese communities thrive.

8,258buildings tracked4.6avg LucidIQ$3,820median 1BR

28,137population$80kmedian income77%renters

Industrial ChicMulticulturalViewsUp-and-ComingWorking-Class

Explore Sunset Park

Neighborhood overview

Sunset Park→

Vibe · top buildings · landlords · schools · transit

Crime in 11232

See full breakdown→

Incident type · 6-month trend · vs. New York City average

Rent trends in Sunset Park

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Park Slope· 0.22 mi Brooklyn Heights· 1.15 mi Park Slope· 1.19 mi Prospect Heights· 1.42 mi Fort Greene· 1.76 mi

Browse all NYC neighborhoods

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

Year built1938

Floors3

Total units49

Rent-stab units49

ClassC1

BBL3007090058

19301940195019601970198019902000201020202030

1938

Building constructed

49 units · 3 floors · class C1

2024

Rent stabilization on file

43 stabilized units registered.

now

Current owner: VM REALTY 8, LLC

Portfolio includes 3 buildings.

Recent Activity

20 events

311MEDIUMDec 8, 2025
HEAT/HOT WATER — ENTIRE BUILDING
311MEDIUMDec 8, 2025
HEAT/HOT WATER — ENTIRE BUILDING
311MEDIUMNov 11, 2025
HEAT/HOT WATER — APARTMENT ONLY
311MEDIUMAug 13, 2025
Water System — Dirty Water (WE)
HPDLOWJun 16, 2025
HPD Class A Violation — (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR
311MEDIUMMay 8, 2025
Lead — Lead Kit Request (Residential) (L10)
311MEDIUMFeb 22, 2025
HEAT/HOT WATER — ENTIRE BUILDING
HPDLOWFeb 2, 2025
HPD Class A Violation — § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING AT PUBLIC HALL, 3rd
HPDMEDIUMFeb 2, 2025
HPD Class B Violation — § 27-2005 ADM CODE REPAIR THE ROOF SO THAT IT WILL NOT LEAK OVER THE CEILING AT PUBLIC HALL, 3rd STORY, SECTION ''NORTH'
HPDMEDIUMFeb 2, 2025
HPD Class B Violation — § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE FIRE RETARDANT PLASTER AT CEILING AT PU

07 / 09

History of the building.

10 / 10

Frequently asked questions.

What is the rent for a studio at 417 40 STREET, Brooklyn, NY, 11232?
Based on recent listing data, rent for a studio at 417 40 STREET, Brooklyn, NY, 11232 is approximately $1,700 per month.
What is the rent for a 1-bedroom at 417 40 STREET, Brooklyn, NY, 11232?
Based on recent listing data, rent for a 1-bedroom at 417 40 STREET, Brooklyn, NY, 11232 is approximately $2,200 per month.
How does rent at 417 40 STREET, Brooklyn, NY, 11232 compare to the neighborhood?
Compared to other buildings in the 11232 zip code: 1-bedroom rents are about 42% below the neighborhood median.
Is 417 40 STREET, Brooklyn, NY, 11232 rent stabilized?
Yes, 417 40 STREET, Brooklyn, NY, 11232 is rent stabilized with 43 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.
When is the cheapest time to rent at 417 40 STREET, Brooklyn, NY, 11232?
Based on historical listing data, February tends to be the most affordable month to sign a lease at 417 40 STREET, Brooklyn, NY, 11232, while May is typically the most expensive. Timing your move to February could save approximately 12% compared to peak pricing.
Who is the landlord of 417 40 STREET, Brooklyn, NY, 11232?
The registered owner of 417 40 STREET, Brooklyn, NY, 11232 is VM REALTY 8, LLC. You can view their full portfolio of buildings on Lucid Rents.
Is the landlord of 417 40 STREET, Brooklyn, NY, 11232 a good landlord?
417 40 STREET, Brooklyn, NY, 11232, owned by VM REALTY 8, LLC, has an overall grade of B (3.8/5) on Lucid Rents. The building has 35 recorded violations. Tenants have left 1 review. Check tenant reviews for firsthand experiences.
What is the building rating for 417 40 STREET, Brooklyn, NY, 11232?
417 40 STREET, Brooklyn, NY, 11232 has an overall grade of B with a score of 3.8 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Are there violations or complaints at 417 40 STREET, Brooklyn, NY, 11232?
Yes, 417 40 STREET, Brooklyn, NY, 11232 has 35 housing violations and 42 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
What amenities does 417 40 STREET, Brooklyn, NY, 11232 have?
417 40 STREET, Brooklyn, NY, 11232 offers 2 amenities including Fios Available, Hardwood Floors. View the full amenity list on the building page.
What schools are near 417 40 STREET, Brooklyn, NY, 11232?
There are 10 schools near 417 40 STREET, Brooklyn, NY, 11232, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include Sunset Park Prep (2 min walk), I.s. 136 Charles O. Dewey (2 min walk), P.s. 024 (2 min walk), Global Innovators Academy (3 min walk), Brooklyn Prospect Charter School - Csd 15 (3 min walk), and more.
What public transit is near 417 40 STREET, Brooklyn, NY, 11232?
417 40 STREET, Brooklyn, NY, 11232 has 4 transit options nearby. The closest include: bus: 5 AV/41 ST (B63), 0.12 mi away.
Is 417 40 STREET, Brooklyn, NY, 11232 safe? What is the crime rate nearby?
The 11232 zip code where 417 40 STREET, Brooklyn, NY, 11232 is located had 1,349 crime incidents in the past 2 years, including 121 violent crimes, 339 property crimes, and 889 quality-of-life incidents. Check the neighborhood report card for 11232 for full details.
When was 417 40 STREET, Brooklyn, NY, 11232 built and how many units does it have?
417 40 STREET, Brooklyn, NY, 11232 was built in 1938, has 3 floors, contains 49 total units.
What do tenants say about living at 417 40 STREET, Brooklyn, NY, 11232?
417 40 STREET, Brooklyn, NY, 11232 has 1 tenant review with an average rating of 4.0 out of 5. 0 out of 1 reviewers would recommend this building.

09 / 09

Frequently asked questions.

10 / 10

NYC-specific insights.

Rent stabilization and seismic safety

Rent stabilizationProtected

DHCR registration & tenant protections

Yes

rent stabilized

stabilized units

2024

since

Stabilized units have annual rent-increase caps set by the Rent Guidelines Board and lease-renewal rights.

09 / 10

Similar buildings nearby.

4112 4 AVENUE

4112 4 AVENUE, Brooklyn, NY, 11232

BrooklynBuilt 1928

View building

227 23 STREET

227 23 STREET, Brooklyn, NY, 11232

BrooklynBuilt 1930

View building

225 23 STREET

225 23 STREET, Brooklyn, NY, 11232

BrooklynBuilt 1930

View building

4311 4 AVENUE

4311 4 AVENUE, Brooklyn, NY, 11232

BrooklynBuilt 1931

View building

08 / 09

Similar buildings nearby.

Embed this building’s record

Drop this scorecard into a tenant guide, blog post, or wiki. It updates itself as new violations are filed.

<iframe src="https://lucidrents.com/embed/building/0fcccd68-1b3e-4028-ad83-b56689c8a438" width="100%" height="220" style="border:1px solid #e2e8f0;border-radius:12px" title="417 40 STREET, Brooklyn, NY, 11232 — LucidRents building record" loading="lazy"></iframe>

Building record last updated August 18, 2026. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.