New York City » 11217 » 4th Ave » 40 4th Ave

40 4th Avenue, Brooklyn, NY 11217 - Property report

Also known as: 40 4th Ave

Property image for 40 4th Avenue, Brooklyn, NY 11217

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1915

Lot sq. ft.

1,400

Sale price

$2,350,000

General information

Address

Primary address

40 4th Avenue

ZIP code

11217

Neighborhood

Boerum Hill

Borough

Brooklyn

Block & lot

00192-0037

Building

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Building sq. ft.

4,000

Building dimensions

20 ft x 50 ft

Buildings on lot

Stories

Year built

1915

Building material

Sales

Sale date

09/22/2020

Sale price

$2,350,000

Tax

Tax year

2026-2027

Property tax

$24,109

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

20 ft x 70 ft

Lot sq. ft.

1,400

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

93 /100. Biker's Paradise

School district

Community district

Closest police station

0.31 Miles

Closest fire station

0.29 Miles

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

Ownership

Ownership information for 40 4th Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 40 4th Avenue, Brooklyn, NY 11217

Sale date	Sale price	Buyer name	Seller name
09/22/2020	$2,350,000	XX XX XXXXXX, XXX	XXX XX XXX XXX XX XX XXX XXX XXX-XXXXXXXXXX XXX XXX XXXXXXXXXXXX XXX XXX XXXXXXXXXXXX XXX XXX XXXX XXXXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/06/2026 - R 05/01/2026 - D	Satisfaction of Mortgage (2026050100612001)	XX XX XXXXXX XXX	XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
04/30/2026 - R 04/28/2026 - D	Termination of Assign of L&R (2026042800799001)	XX XXXXXX XXX	XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
05/09/2025 - R	UCC3 Continuation (2025050700198001)	XX XX XXXXXX XXX	XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
04/18/2025 - R 09/27/2024 - D	Asgn of Asgn of L&R (2025041700872002)	XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX	XXXXXXXXXXXXX XXXXX XXXXXXX X X XX XXXXXXX
04/18/2025 - R 09/27/2024 - D	Assignment, Mortgage (2025041700872001)	XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX	XXXXXXXXXXXXX XXXXX XXXXXXX X X XX XXXXXXX
05/31/2024 - R 04/29/2024 - D	Asgn of Asgn of L&R (2024053000125002)	XXX XXX XXXX XXXXXXX XXX	XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
05/31/2024 - R 04/29/2024 - D	Assignment, Mortgage (2024053000125001)	XXX XXX XXXX XXXXXXX XXX	XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
04/01/2024 - R 12/14/2023 - D	Asgn of Asgn of L&R (2024040100311005)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
04/01/2024 - R 12/14/2023 - D	Assignment, Mortgage (2024040100311004)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
04/01/2024 - R 03/12/2023 - D	Asgn of Asgn of L&R (2024040100311002)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40 4th Avenue, 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

$24,109

Municipal exemptions

Recent tax assessments

Market value

$2,117,000

Assessed value

$952,650

More about New York City property taxes

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	$1,764,000	$793,800	$193,814	12.439%	$24,109	$24,109	+2.70%
2024/25	$1,470,000	$661,500	$187,792	12.5%	$23,474	$23,474	+7.98%
2023/24	$1,225,000	$551,250	$173,882	12.502%	$21,739	$21,739	+10.06%
2022/23	$1,531,000	$688,950	$161,008	12.267%	$19,751	$19,751	+8.28%
2021/22	$1,494,000	$672,300	$149,088	12.235%	$18,241	$18,241	-0.26%
2020/21	$1,638,000	$737,100	$149,088	12.267%	$18,289	$18,289	+1.50%
2019/20	$1,651,000	$742,950	$144,455	12.473%	$18,018	$18,018	+6.81%
2018/19	$1,397,000	$628,650	$133,755	12.612%	$16,869	$16,869	+7.09%
2017/18	$1,221,000	$549,450	$123,852	12.719%	$15,753	$15,753	+6.55%
2016/17	$1,107,000	$498,150	$114,683	12.892%	$14,785	$14,785	+0.07%

Permits

Permit information for 40 4th Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
06/25/2026	Full demolition
05/18/2022	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & Pacific St at NW Corner

Station lines

B-Q-D-N-R-2-3-4-5

Distance (miles)

0.029

View subway map

Access the detailed traffic volume map for 40 4th Avenue, Brooklyn, NY 11217 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

Frequently asked questions

What is the year built for 40 4th Avenue, Brooklyn, NY 11217?

The development at 40 4th Avenue, Brooklyn, NY 11217 was built in 1915.

What is the market value of 40 4th Avenue, Brooklyn, NY 11217?

The current market value of 40 4th Avenue, Brooklyn, NY 11217 is $2,117,000.

What is the total square footage of 40 4th Avenue, Brooklyn, NY 11217?

40 4th Avenue, Brooklyn, NY 11217 has a total of 4,000 square feet.

What is the price per square foot for this property?

$587 per square foot is the price for 40 4th Avenue, Brooklyn, NY 11217.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.