Kings » 11232 » 4th Ave » 740 4th Ave

740 4th Avenue, Brooklyn, NY 11232 - Property report

Also known as: 241-245 24th St

Property image for 740 4th Avenue, Brooklyn, NY 11232

Property type

Primarily Five to Six Family with One Store or Office (S5)

Year built

1931

Lot sq. ft.

1,265

Sale price

$1,575,000

General information

Address

Primary address

740 4th Avenue

Alternate address(es)

241-245 24th St
245 Rear 24th St

ZIP code

11232

Neighborhood

Greenwood Heights

Borough

Brooklyn

Block & lot

00648-0042

Building

Property type

Primarily Five to Six Family with One Store or Office (S5)

Building sq. ft.

4,366

Building dimensions

20 ft x 50 ft

Buildings on lot

Stories

Year built

1931

Building material

Sales

Sale date

02/24/2016

Sale price

$1,575,000

Tax

Tax year

2026-2027

Property tax

$7,305

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

21.08 ft x 60 ft

Lot sq. ft.

1,265

Area overview

Walk score

80 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

71 /100. Very Bikeable

School district

Community district

Closest police station

0.26 Miles

Closest fire station

0.74 Miles

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

Ownership

Ownership information for 740 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 740 4th Avenue, Brooklyn, NY 11232

Sale date	Sale price	Buyer name	Seller name
02/24/2016	$1,575,000	XXX XXX XXX	XXX XXXXXX XXX
06/09/2003	$440,000	XXX XXXXXX XXX	XXX XXX XXXXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/21/2024 - R 12/20/2023 - D	Asgn of Asgn of L&R (2024102300884010)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXXX XX XX XXXX XXXXXXX XXX
11/21/2024 - R 12/20/2023 - D	Assignment, Mortgage (2024102300884009)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXXX XX XX XXXX XXXXXXX XXX
04/19/2016 - R 03/22/2016 - D	Discharge of Tax Lien (2016041401310001)	XXX XXXX XX XXX XXXX XXXXXX XX XXXXXXXXXX XXXXX
03/29/2016 - R 02/24/2016 - D	Assignment of Leases and Rents (2016030100193003)	XXX XXX XXX	XXXXXXXXX XXXX
03/29/2016 - R 02/24/2016 - D	Mortgage (2016030100193002)	XXX XXX XXX	XXXXXXXXX XXXX
03/29/2016 - R 02/24/2016 - D	Deed (2016030100193001)	XXX XXXXXX XXX	XXX XXX XXX
08/25/2015 - R 08/05/2015 - D	Tax Lien Sale Certificate (2015082300035001)	XXXX XX XXX XXXX	XXXX XX XXX XXXX
09/12/2013 - R 08/15/2013 - D	Tax Lien Sale Certificate (2013081600909001)	XXXX XX XXX XXXX	XXXX XX XXX XXXX
08/28/2012 - R 08/16/2012 - D	Tax Lien Sale Certificate (2012082101468001)	XXXX XX XXX XXXX	XXXX XX XXX XXXX
11/23/2011 - R 11/16/2011 - D	Tax Lien Sale Certificate (2011112200531001)	XXXX XX XXX XXXX	XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 740 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

$7,305

Municipal exemptions

Recent tax assessments

Market value

$1,304,000

Assessed value

$586,800

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	$1,090,000	$490,500	$17,878	12.439%	$26,292	$2,224	-1.13%
2024/25	$980,000	$441,000	$17,994	12.5%	$24,464	$2,249	+0.26%
2023/24	$909,000	$409,050	$17,944	12.502%	$22,656	$2,243	+1.92%
2022/23	$919,000	$413,550	$17,944	12.267%	$22,230	$2,201	-0.44%
2021/22	$846,000	$380,700	$18,071	12.235%	$21,071	$2,211	+2.86%
2020/21	$923,000	$415,350	$17,523	12.267%	$19,945	$2,150	+0.02%
2019/20	$932,000	$419,400	$17,231	12.473%	$18,778	$2,149	+1.48%
2018/19	$998,000	$449,100	$16,793	12.612%	$17,581	$2,118	-1.82%
2017/18	$942,000	$423,900	$16,960	12.719%	$17,730	$2,157	-2.16%
2016/17	$854,000	$384,300	$17,102	12.892%	$17,079	$2,205	-0.35%

Permits

Permit information for 740 4th Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
05/13/2025	Alteration
05/13/2025	Alteration
01/03/2025	Alteration
01/03/2025	Alteration
06/30/2021	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	06/30/2023	Lblvio-low pressure boiler boiler required
	11/08/2019	Lblvio-low pressure boiler boiler required
	04/06/2018	Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record 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 & 25th St at SW Corner

Station lines

Distance (miles)

0.062

View subway map

Access the detailed traffic volume map for 740 4th Avenue, 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

Nearby ZIP codes for 740 4th Avenue, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10038, New York City, NY 10271, New York City, NY 10280, New York City, NY 11201, New York City, NY 11204, New York City, NY 11209, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 740 4th Avenue, Brooklyn, NY 11232?

The development at 740 4th Avenue, Brooklyn, NY 11232 was built in 1931.

What is the market value of 740 4th Avenue, Brooklyn, NY 11232?

The current market value of 740 4th Avenue, Brooklyn, NY 11232 is $1,304,000.

What is the total square footage of 740 4th Avenue, Brooklyn, NY 11232?

740 4th Avenue, Brooklyn, NY 11232 has a total of 4,366 square feet.

What is the price per square foot for this property?

$360 per square foot is the price for 740 4th Avenue, Brooklyn, NY 11232.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.