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40 Bank Street, Valley Stream, NY 11580 Property Information

40 Bank Street, Valley Stream, NY 11580 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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40 Bank Street, Valley Stream, NY 11580
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Address

Primary address 40 Bank Street, Valley Stream
Zip code 11580
County Nassau
Town/City Hempstead
Village (swiss code) None (unincorporated town)
Parcel ID 37-503-37

Sales & Tax Overview for 40 Bank Street, Valley Stream

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 08/25/1997
Sale price $165,000
Arm's length
Tax class
Current property tax $11,140

Lot & Building Information for 40 Bank Street, Valley Stream

Building sqft 1,330
Building class One Family Year - Round Residence (210.01)
Land Primary site
Topography Level
Acreage 0.138
Buildings on lot 1
Year built 1941
Stories 1
Style Cape
Rooms 7
Bathrooms 1
Attic Full
Basement Full
Exterior wall Mas & frame
Heating type Central
Heating system Steam and vapor
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


School district Elmont UFSD

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Other Property Data for 40 Bank Street, Valley Stream

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About 40 Bank Street, Valley Stream

What is the year built & the total sq. ft. for 40 Bank Street, Valley Stream, NY 11580?

40 Bank Street, Valley Stream, NY 11580 was built in 1941 and has a total of 1,330 square feet.

What is the assessed value of 40 Bank Street, Valley Stream, NY 11580 and the property tax paid?

Assessed at $453, the tax amount paid for 40 Bank Street, Valley Stream, NY 11580 is $11,981.

When was 40 Bank Street, Valley Stream, NY 11580 last sold and what was the last sale price?

40 Bank Street, Valley Stream, NY 11580 was last sold in 08/25/1997 for $165,000.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 40 Bank Street, Valley Stream

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Purchase date Purchase price Buyer name Seller name
08/25/1997 $165,000

Title Documents for 40 Bank Street, Valley Stream

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Date Type Amount Party 1 Party 2
02/13/2006 - D
03/09/2006 - R
Mortgage
08/25/1997 - D
09/03/1997 - R
Deed
         
         
         
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R: Recorded date
D: Document date

Property Taxes for 40 Bank Street, Valley Stream

Access detailed property tax data for 40 Bank Street, Valley Stream, NY 11580. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2026
Base tax $11,982
Current property tax $11,141
Tax class
Market value $453,000
Assessed value $453
School current tax bill
Transitional assessed value

Assessment History for 40 Bank Street, Valley Stream

Here's the assessment & property tax history for 40 Bank Street, Valley Stream, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2026 $453,000 $453 2645.024 $11,982 +2.29%
2025 $453,000 $453 2585.761 $11,713 -4.94%
2024 $452,377 $453 2720.239 $12,323 -5.72%
2023 $453,000 $453 2885.218 $13,070 -9.69%
2022 $453,000 $453 3194.792 $14,472 -10.11%

Permits for 40 Bank Street, Valley Stream

The complete history of permits filed for 40 Bank Street, Valley Stream, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Data not available for this property.

Valley Stream residential market stats

Median Sale Price
$720,000
5.9% YoY
Median Price/Sqft
$501
1.8% YoY
Nassau County Median Sale Price
$805,000
6.6% YoY

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

Check out recently sold homes in Valley-Stream and see how their prices compare.

Risk

Create a free account to unlock extended information for 40 Bank Street, Valley Stream, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) X (See more on map)

Transportation

Access the detailed traffic volume map for 40 Bank Street, Valley Stream 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 Type Grade range No of students Distance to school (mi)
Hamza Academy NR Private PK-3 74 0.11
Hamza Academy NR Private PK-3 74 0.11
Alden Terrace School 6 Public PK, K-6 401 0.15
Alden Terrace School 6 Public PK, K-6 401 0.15
Dutch Broadway School 8 Public PK, K-6 678 0.60

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Bible Baptist Academy NR Private 6-11 0 0.48
Martin De Porres School NR Private 300 0.75
Word Christian Academy NR Private K-8 51 0.89
Valley Stream Memorial Junior High School 5 Public 7-9 1,038 1.12
The Gordon Parks School 5 Public PK, K-8 653 1.20

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Bible Baptist Academy NR Private 6-11 0 0.48
Martin De Porres School NR Private 300 0.75
Valley Stream Central High School 9 Public 10-12 1,078 1.31
Health Arts Robotics and Technology High School 6 Public 9-12 511 1.77
Math/Science Research and Technology Magnet High School NR Public 9-12 406 1.77

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 40 Bank Street, Valley Stream

Here are the neighbors for 40 Bank Street, Valley Stream.

Address Square feet Purchase date Purchase price
18 Bank St, Valley Stream 1,277 02/01/1994 $169,000
60 Bank St, Valley Stream 1,330 09/25/2006 $100,000
74 Bank St, Valley Stream 1,305 09/22/1999 $9,715
84 Bank St, Valley Stream 1,330 01/20/2026
54 Bank St, Valley Stream 1,330 11/01/2016 $380,000
66 Bank St, Valley Stream 2,920 11/16/2009 $420,000
36 Bank St, Valley Stream 1,305 12/12/1997 $153,000
12 Bank St, Valley Stream 2,308 07/19/2017 $415,000
3 Bee St, Valley Stream 1,425 11/18/2003 $300,000
28 Bank St, Valley Stream 1,330 11/18/2020
17 Bee St, Valley Stream 1,309 09/17/2019
70 Bank St, Valley Stream 2,152 03/04/2015
90 Bank St, Valley Stream 1,583 10/31/2003 $352,000
1865 Central Ave, Valley Stream 12,464 06/09/1997
46 Bank St, Valley Stream 1,305 12/16/2009
32 Bank St, Valley Stream 1,534 02/15/2018 $487,500
23 Bee St, Valley Stream 1,330 01/24/2020 $535,000
11 Bee St, Valley Stream 1,330 10/15/1998 $209,000
24 Bank St, Valley Stream 1,309
78 Bank St, Valley Stream 1,565 06/02/2004 $370,000

Nearby ZIP Codes for 40 Bank Street, Valley Stream

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