Kings  »  11232  »  40th St  »  255 40th St

255 40th Street, Brooklyn, NY 11232 - Property report

Also known as: 253 40th St

Property image for 255 40th Street, Brooklyn, NY 11232
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1930

Lot sq. ft.

9,992

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
255 40th Street
Alternate address(es)
253-261 40th St
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00707-0053

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
9,975
Building dimensions
99.8 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
1930
Last altered
1999
Building material
Tax
Tax year
2026-2027
Property tax
$85,658
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
99.75 ft x 100.17 ft
Lot sq. ft.
9,992

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.50 Miles
Closest fire station
0.26 Miles

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

Units for 255 40th Street, Brooklyn, NY

Ownership

Ownership information for 255 40th Street, Brooklyn, NY

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

Sales history for 255 40th Street, Brooklyn, NY 11232

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/02/2012 - R UCC3 Termination
(2012062801187001)		 XXXXX XXXXXX X X X XXX XXXX XXXXXXXXX XXXX
07/03/2012 - R
06/04/2012 - D		 Termination of Assign of L&R
(2012062001240002)		 XXX XXXX XXXXXXXXX XXXX XXXXX XXXXXX XXX
07/03/2012 - R
06/04/2012 - D		 Satisfaction of Mortgage
(2012062001240001)		 XXXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
01/29/2008 - R
11/27/2007 - D		 Initial UCC1
(2007112900434001)		 XXXXX XXXXXX XXX XXXXXXXX XXXXXX XXXXXXX XXXX
02/29/2008 - R
11/27/2007 - D		 Assignment of Leases and Rents
(2007112900285003)		 XXXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
02/29/2008 - R
11/27/2007 - D		 Agreement
(2007112900285002)		 XXXXX XXXXXX XXX XXXXXXXX XXXXXX XXXXXXX XXXX
02/29/2008 - R
11/27/2007 - D		 Mortgage
(2007112900285001)		 XXXXX XXXXXX XXX XXXXXXXX XXXXXX XXXXXXX XXXX
12/02/2004 - R Initial UCC1
(2004111801029001)		 XXXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
12/05/2001 - R Discharge of Tax Lien
(3860007910886)		 XXXX XX XXX XXXX
06/28/2001 - R Tax Lien Sale Certificate
(FT_3090007717209)		 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 255 40th Street, 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
$85,658
Municipal exemptions
Recent tax assessments
Market value
$2,023,000
Assessed value
$910,350

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 $1,872,000 $842,400 $685,400 10.848% $74,352 $74,352 +15.21%
2024/25 $1,865,000 $839,250 $599,675 10.762% $66,198 $64,537 +12.23%
2023/24 $1,760,000 $792,000 $542,890 10.592% $60,773 $57,503 +17.36%
2022/23 $1,608,000 $723,600 $460,225 10.646% $53,925 $48,996 +39.10%
2021/22 $865,000 $389,250 $327,510 10.755% $41,864 $35,224 -13.98%
2020/21 $1,091,000 $490,950 $382,915 10.694% $49,202 $40,949 +7.64%
2019/20 $1,110,000 $499,500 $361,041 10.537% $47,801 $38,043 +8.93%
2018/19 $1,013,000 $455,850 $332,156 10.514% $46,283 $34,923 +14.52%
2017/18 $996,000 $448,200 $290,036 10.514% $43,477 $30,494 +17.28%
2016/17 $961,000 $432,450 $245,889 10.574% $40,689 $26,000 -20.88%
Permits

Permit information for 255 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/12/2006 Alteration type 2
11/14/2005 Alteration type 2
10/27/2005 Alteration type 1
05/11/1999 Alteration type 2
08/12/1992 Full demolition

*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.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
4th Ave & 36th St at NW Corner
Station lines
N-R
Distance (miles)
0.267
View subway map

Access the detailed traffic volume map for 255 40th Street, 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

Neighbors for 255 40th Street, Brooklyn, NY

3914 3rd Ave, Brooklyn 268 39th St, Brooklyn 326 39th St, Brooklyn 318 39th St, Brooklyn 320 39th St, Brooklyn 314 39th St, Brooklyn 324 39th St, Brooklyn 330 39th St, Brooklyn 3904 3rd Ave, Brooklyn 3902 3rd Ave, Brooklyn 256 39th St, Brooklyn 3918 3rd Ave, Brooklyn 328 39th St, Brooklyn 264 39th St, Brooklyn 260 39th St, Brooklyn 338 39th St, Brooklyn 3924 3rd Ave, Brooklyn 332 39th St, Brooklyn 334 39th St, Brooklyn 254 39th St, Brooklyn

Nearby ZIP codes for 255 40th Street, 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 255 40th Street, Brooklyn, NY 11232?

The development at 255 40th Street, Brooklyn, NY 11232 was built in 1930.

What is the market value of 255 40th Street, Brooklyn, NY 11232?

The current market value of 255 40th Street, Brooklyn, NY 11232 is $2,023,000.

What is the total square footage of 255 40th Street, Brooklyn, NY 11232?

255 40th Street, Brooklyn, NY 11232 has a total of 9,975 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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