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351 40th Street, Brooklyn, NY 11232 Property Information

351 40th Street, Brooklyn, NY 11232 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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351 40th Street, Brooklyn, NY 11232 1
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Address

Primary address 351 40th Street
Secondary address 351 Rear 40th St
Neighborhood Sunset Park
Zip code 11232
Borough Brooklyn
Block & lot 00708-0052

Sales & Tax Overview for 351 40th Street, Brooklyn

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

Purchase date 11/19/2012
Purchase price $145,000 - M
Tax class

Lot & Building Information for 351 40th Street, Brooklyn

Lot sq. ft. 2,003
Lot dimensions 20 ft x 100.17 ft
Property type Zoned Residential - Not Manhattan (V0)
Buildings on lot 1
Frontage 40 Street (narrow)
Nearest wide street 39 Street
Distance to wide street
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Zoning & Use for 351 40th Street, Brooklyn

Zoning

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 0.12 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 351 40th Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 351 40th Street, Brooklyn, NY 11232, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 351 40th Street, Brooklyn, NY 11232, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 351 Rear 40th St, Brooklyn, NY 11232

About 351 40th Street, Brooklyn

What is the market value of 351 40th Street, Brooklyn, NY 11232?

The current market value is $224,000.

Ownership Information for 351 40th Street, Brooklyn

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Property owner name for 351 40th Street, Brooklyn, NY 11232
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Building contacts for 351 40th Street, Brooklyn, NY 11232
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 351 40th Street, Brooklyn

Create a free account to view the complete sales history for 351 40th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
11/19/2012 $145,000

Title Documents for 351 40th Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
11/01/2021 - R
10/21/2021 - D		 Deed
(2021102701340001)
11/26/2019 - R
11/22/2019 - D		 Satisfaction of Mortgage
(2019112600374001)
02/24/2017 - R
02/13/2017 - D		 Assignment, Mortgage
(2017022201313001)
12/07/2012 - R
11/19/2012 - D		 Deed
(2012112901518001)
07/13/2011 - R
02/22/2011 - D		 Deed
(2011070700133001)
11/09/1989 - R Mortgage
(3630001496063)
11/09/1989 - R Deed
(3620001496062)
09/24/1986 - R Satisfaction of Mortgage
(3570001200357)
06/10/1986 - R
04/11/1986 - D		 Deed
(FT_3830001173383)
04/02/1982 - R Release of Estate Tax Lien
(3260000905826)
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R: Recorded date
D: Document date

Property Taxes for 351 40th Street, Brooklyn

Access detailed property tax data for 351 40th Street, Brooklyn, NY 11232. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $1,967
Tax assessor's market value: $224,000
Assessed value: $13,440

More about New York City Property Taxes

Assessment History for 351 40th Street, Brooklyn

Here's the assessment & property tax history for 351 40th Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $236,000 $14,160 $9,354 19.843% $1,856 $1,856 -1.20%
2024/25 $226,000 $13,560 $9,354 20.085% $1,879 $1,879 +0.84%
2023/24 $205,000 $12,300 $9,276 20.085% $1,863 $1,863 +4.81%
2022/23 $216,000 $12,960 $8,753 20.309% $1,778 $1,778 +7.80%
2021/22 $221,000 $13,260 $8,260 19.963% $1,649 $1,649 +0.52%
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Permits for 351 40th Street, Brooklyn

The complete history of permits filed for 351 40th Street, Brooklyn, 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.

No recorded permits 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
$587,500
2.6% YoY
Median Price/Sqft
$863
0.3% YoY
Brooklyn Median Sale Price
$885,000
2.5% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & 36th St at NW Corner
Station lines N-R
Distance (miles) 0.194
View subway 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 0.15
P.S. 24 4 Yes Public PK, K-5 530 0.15
St. Michael Elementary School NR No Private K-8 0 0.14
Sunset Park Avenue Elementary School 4 No Public PK, K-5 349 0.16
Sunset Park Avenue Elementary School 4 No Public PK, K-5 349 0.16
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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 0.14
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.62
Al Madrasa Al Islamiya NR No Private PK-8 164 0.66
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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 0.15
Sunset Park High School 4 No Public 9-12 1,418 0.26
Bnos Margulia Viznitz NR No Private PK-12 679 0.91
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.91
Bais Brocho of Karlin Stolin NR No Private K-12 0 0.95
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 351 40th Street, Brooklyn

Here are the neighbors for 351 40th Street, Brooklyn, NY 11232.

Address Square feet Purchase date Purchase price
343 40th St, Brooklyn 1,568 08/03/2008
331 40th St, Brooklyn 1,900 03/02/2021
355 40th St, Brooklyn 3,884 01/15/1997
363 40th St, Brooklyn 2,177 03/06/2013
365 40th St, Brooklyn 2,840 06/07/2002
3918 4th Ave, Brooklyn 5,250 04/03/2009
3914 4th Ave, Brooklyn 5,760 06/20/1991
345 40th St, Brooklyn 1,568 10/17/1990
339 40th St, Brooklyn 1,568 09/15/1999
335 40th St, Brooklyn 1,700 08/07/1990
329 40th St, Brooklyn 1,480 11/02/2001
3910 4th Ave, Brooklyn 6,120 03/01/2018
347 40th St, Brooklyn 2,062 11/24/2009
341 40th St, Brooklyn 1,568 10/11/2002
353 40th St, Brooklyn 2,100 10/21/2021
333 40th St, Brooklyn 1,000 03/19/1993
359 40th St, Brooklyn 3,884 08/17/2017
337 40th St, Brooklyn 1,696 12/06/1999
357 40th St, Brooklyn 3,884 10/29/1999
3908 4th Ave, Brooklyn 3,875 01/12/1998
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