New York City  »  11232  »  40th St  »  729 40th St

729 40th Street #2B, Brooklyn, NY 11232 - Property report

Also known as: 729 40th St #2B

Property image for 729 40th Street #2B, Brooklyn, NY 11232
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Property type

Condo - Residential Unit in Elevator Building (R4)

Year built

2009

Lot sq. ft.

5,008

Sale price

$238,290

General information

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Address
Primary address
729 40th Street #2B
Alternate address(es)
729 Finlandia St #2B
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00915-1206

Owner

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Building
Property type
Condo - Residential Unit in Elevator Building (R4)
Unit sq. ft.
511
Buildings on lot
1
Stories
4
Year built
2009
Sales
Sale date
07/22/2011
Sale price
$238,290
Tax
Tax year
2026-2027
Property tax
$5,669
Tax class
Zoning & Use
Residential units
15
Commercial units
9
Lot
Lot sq. ft.
5,008

Area overview

Walk score
87 /100.  Very Walkable
Transit score
91 /100.  Rider's Paradise
Bike score
60 /100.  Bikeable
School district
15
Community district
7

View more such as transportation, nearby schools and risk designations.

Ownership information for 729 40th Street #2B, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 729 40th Street #2B, Brooklyn, NY 11232

Sale date Sale price Buyer name Seller name
07/22/2011 $238,290 XXXX, XXX XXXX XX XXXX XXX X X XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/01/2011 - R UCC3 Amendment
(2011082401674003)
XX XXXX XXX X X XXX XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX
09/01/2011 - R
08/23/2011 - D
Termination of Assign of L&R
(2011082401674002)
XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX XX XXXX XXX X X XXX
09/01/2011 - R
08/23/2011 - D
Partial Release of Mortgage
(2011082401674001)
XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX XX XXXX XXX X X XXX
08/15/2011 - R
07/22/2011 - D
Power of Attorney
(2011080300163003)
XXXX XXX XXXX XXXXX XX XXXXXXXX XX XXXXXXXX XXXXXX XXXXXXXXXXX
08/15/2011 - R
07/22/2011 - D
Mortgage
(2011080300163002)
XXXX XXX XXXX XXXXXX XXXX
08/15/2011 - R
07/22/2011 - D
Deed
(2011080300163001)
XX XXXX XXX X X XXX XXXX XXX XXXX
03/17/2011 - R
03/02/2011 - D
Maps
(2011030300311002)
XXXXXXXX XXXXXX XXXXXXXXXXX
03/17/2011 - R
03/02/2011 - D
Condo Declaration
(2011030300311001)
XXXXXXXX XXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 729 40th Street #2B, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$5,669
Municipal exemptions
Recent tax assessments
Market value
$147,073
Assessed value
$66,183

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $125,411 $56,435 $32,357 12.439% $6,636 $4,025 +44.86%
2024/25 $126,396 $56,879 $22,228 12.5% $6,783 $2,779 +91.57%
2023/24 $124,536 $56,042 $11,601 12.502% $6,816 $1,450 +1257.43%
2022/23 $120,560 $54,252 $871 12.267% $6,503 $107 -0.14%
2021/22 $109,291 $49,181 $871 12.235% $6,017 $107 +0.14%
2020/21 $122,146 $54,966 $871 12.267% $5,959 $107 -1.65%
2019/20 $129,257 $58,166 $871 12.473% $5,510 $109 -1.10%
2018/19 $107,815 $48,517 $871 12.612% $4,923 $110 -0.84%
2017/18 $93,210 $41,944 $871 12.719% $4,570 $111 -1.34%
2016/17 $87,302 $39,286 $871 12.892% $5,065 $112 +0.07%

Permit information for 729 40th Street #2B, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Sunset Park residential market stats

Access a detailed real estate market overview of Sunset Park so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Sunset Park and compare it to other neighborhoods in Brooklyn.

Median sale price

$807,209

41.6% Y-o-Y

Median price/sq. ft.

$681

-4.3% Y-o-Y

Brooklyn median sale price

$998,800

3.4% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
9th Ave & New Utrecht Ave at NE Corner
Station lines
D
Distance (miles)
0.264

Access the detailed traffic volume map for 729 40th Street #2B, Brooklyn, NY 11232 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 169 Sunset Park 7 No Public K-5 934 0.19
Tomer Dvora School NR No Private 1-8 519 0.36
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.36
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.36
Bnos Margulia Viznitz NR No Private PK-12 679 0.36
Bnos Margulia Viznitz NR No Private PK-12 679 0.36
P.S. 958 NR No Public PK, K 50 0.42
P.S. 958 NR No Public PK, K 50 0.42
School Of Creativity-Innovation 8 No Public PK, K-4 198 0.43
School Of Creativity-Innovation 8 No Public PK, K-4 198 0.43
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Tomer Dvora School NR No Private 1-8 519 0.36
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.36
Bnos Margulia Viznitz NR No Private PK-12 679 0.36
Saint Agatha School NR No Private PK, K-8 193 0.41
Bais Brocho of Karlin Stolin NR No Private K-12 0 0.42
Jhs 220 John J Pershing 7 No Public 6-8 1,229 0.49
Is 136 Charles O Dewey 2 No Public 6-8 535 0.52
Sunset Park Prep 5 No Public 6-8 440 0.52
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.36
Bnos Margulia Viznitz NR No Private PK-12 679 0.36
Bais Brocho of Karlin Stolin NR No Private K-12 0 0.42
Yeshiva Tiferes Shmiel NR No Private 9-12 0 0.49
West Brooklyn Community High School 3 No Public 10-12 161 0.49
Nesivos Bais Yaakov NR No Private PK, K-11 0 0.49
P.S. 371 Lillian L Rashkis NR No Public 9-12 209 0.55
Sunset Park High School 4 No Public 9-12 1,418 0.60

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 729 40th Street #2B, Brooklyn, NY 11232?

The development at 729 40th Street #2B, Brooklyn, NY 11232 was built in 2009.

What is the total square footage of 729 40th Street #2B, Brooklyn, NY 11232?

729 40th Street #2B, Brooklyn, NY 11232 has a total of 511 square feet.

When was 729 40th Street #2B, Brooklyn, NY 11232 last sold and what was the sale price?

729 40th Street #2B, Brooklyn, NY 11232 was last sold on 07/22/2011 for $238,290.

What is the assessed value of 729 40th Street #2B, Brooklyn, NY 11232?

729 40th Street #2B, Brooklyn, NY 11232 is currently assessed at $66,183.

What are the property taxes for 729 40th Street #2B, Brooklyn, NY 11232?

The property taxes for 729 40th Street #2B, Brooklyn, NY 11232 total $5,668.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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