New York City  »  11232  »  40th St  »  355 40th St

355 40th Street, Brooklyn, NY 11232 - Property report

Also known as: 355 40th St

Property image for 355 40th Street, Brooklyn, NY 11232
static Mapbox map

Property type

Miscellaneous Two Family (B9)

Year built

1910

Lot sq. ft.

2,003

General information

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Address
Primary address
355 40th Street
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00708-0050

Owner

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Building
Property type
Miscellaneous Two Family (B9)
Building sq. ft.
3,884
Building dimensions
20 ft x 75 ft
Buildings on lot
1
Stories
3
Year built
1910
Building material
Brick
Exterior wall
Brick/Masonary
Basement
1
Garage type
Built-In Garage
Tax
Tax year
2026-2027
Property tax
$5,864
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
40 Street (narrow)
Nearest wide street
39 Street
Distance to wide street
Lot dimensions
20 ft x 100.17 ft
Lot sq. ft.
2,003

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
97 /100.  Rider's Paradise
Bike score
73 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.47 Miles
Closest fire station
0.11 Miles

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

Ownership information for 355 40th Street, Brooklyn, NY

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

Sales history for 355 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
02/10/2015 - R
01/29/2015 - D
Mortgage
(2015020400298001)
XXX XXX XXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
06/10/2014 - R
05/29/2014 - D
Satisfaction of Mortgage
(2014053001668001)
XXXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX (XXX)
02/24/2009 - R
02/07/2009 - D
Mortgage
(2009022000833001)
XXXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX (XXX)
08/08/2002 - R Satisfaction of Mortgage
(3570008804557)
XXXX XXX XXX XXXXXXXX XXXXXXXX XXXXXXX XXXXX XXX
01/22/1997 - R Mortgage
(3910005493091)
XXXX XXX XXX XXXXXXXX XXXXXXXX XXXXXXX XXXXX XXX
01/22/1997 - R
01/15/1997 - D
Deed
(3850005493085)
XXXXXXX XXXXXXX XXXX XXX XXX
01/09/1989 - R Satisfaction of Mortgage
(3380001423238)
XXXXXXXX XXXXX XXXXXXXX XXX
08/12/1977 - R Deed
(37730093800363)
XXXXXXXX XXXXX XXXXXXX XXXXXXX
07/15/1975 - R Deed
(37530079001751)
XXXXXXXX XXXXX XXXXXXX XXXXXXX
08/02/1974 - R Deed
(37430072601700)
XXXXXXX XXXXXXX XXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 355 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
$5,864
Municipal exemptions
Recent tax assessments
Market value
$1,957,000
Assessed value
$117,420

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 $1,626,000 $97,560 $29,534 19.843% $6,142 $5,860 -0.51%
2024/25 $1,834,000 $110,040 $29,328 20.085% $6,160 $5,891 +6.46%
2023/24 $2,239,000 $134,340 $27,549 20.085% $5,814 $5,533 +5.29%
2022/23 $2,294,000 $137,640 $25,876 20.309% $5,552 $5,255 +8.09%
2021/22 $1,771,000 $106,260 $24,355 19.963% $5,149 $4,862 -5.26%
2020/21 $1,594,000 $95,640 $24,385 21.045% $5,429 $5,132 +0.36%
2019/20 $1,267,000 $76,020 $24,157 21.167% $5,410 $5,113 +7.85%
2018/19 $1,163,000 $69,780 $22,664 20.919% $5,046 $4,741 +9.14%
2017/18 $994,000 $59,640 $21,310 20.385% $4,644 $4,344 +8.94%
2016/17 $855,000 $51,300 $19,946 19.991% $4,297 $3,987 +2.39%

Permit information for 355 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/12/2004 Alteration type 2

*Most recent permit on record 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

$545,000

-2.7% Y-o-Y

Median price/sq. ft.

$806

-6.6% Y-o-Y

Brooklyn median sale price

$899,000

6% 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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
4th Ave & 36th St at NW Corner
Station lines
N-R
Distance (miles)
0.193

Access the detailed traffic volume map for 355 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 24 4 Yes Public PK, K-5 530 0.14
P.S. 24 4 Yes Public PK, K-5 530 0.14
St. Michael Elementary School NR No Private K-8 0 0.13
Sunset Park Avenue Elementary School 4 No Public PK, K-5 349 0.15
Sunset Park Avenue Elementary School 4 No Public PK, K-5 349 0.15
P.S. 958 NR No Public PK, K 50 0.27
P.S. 958 NR No Public PK, K 50 0.27
P.S. 1 The Bergen 4 No Public PK, K-5 754 0.35
P.S. 1 The Bergen 4 No Public PK, K-5 754 0.35
P.S. 172 Beacon School Of Excellence 9 No Public PK, K-5 460 0.51
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Is 136 Charles O Dewey 2 No Public 6-8 535 0.05
Sunset Park Prep 5 No Public 6-8 440 0.05
St. Michael Elementary School NR No Private K-8 0 0.13
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.63
Al Madrasa Al Islamiya NR No Private PK-8 164 0.66
Saint Agatha School NR No Private PK, K-8 193 0.69
Tomer Dvora School NR No Private 1-8 519 0.82
Jhs 220 John J Pershing 7 No Public 6-8 1,229 0.89
MS 936 ARTS OFF 3RD 8 No Public 6-8 445 0.98
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 371 Lillian L Rashkis NR No Public 9-12 209 0.14
Sunset Park High School 4 No Public 9-12 1,418 0.26
Bnos Margulia Viznitz NR No Private PK-12 679 0.90
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.90
Bais Brocho of Karlin Stolin NR No Private K-12 0 0.95
Al-Noor School NR No Private PK-12 654 0.96
AL-Noor School NR No Private PK-12 630 0.96
West Brooklyn Community High School 3 No Public 10-12 161 1.03
P.S. 53 NR No Public K-12 410 1.14

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

Frequently asked questions

What is the year built for 355 40th Street, Brooklyn, NY 11232?

The development at 355 40th Street, Brooklyn, NY 11232 was built in 1910.

What is the total square footage of 355 40th Street, Brooklyn, NY 11232?

355 40th Street, Brooklyn, NY 11232 has a total of 3,884 square feet.

What is the assessed value of 355 40th Street, Brooklyn, NY 11232?

355 40th Street, Brooklyn, NY 11232 is currently assessed at $117,420.

What are the property taxes for 355 40th Street, Brooklyn, NY 11232?

The property taxes for 355 40th Street, Brooklyn, NY 11232 total $5,864.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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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.

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