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575 40th Street, Brooklyn, NY 11232 Property Information

575 40th Street, Brooklyn, NY 11232 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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575 40th Street, Brooklyn, NY 11232 1
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Address

Primary address 575 40th Street
Neighborhood Sunset Park
Zip code 11232
Borough Brooklyn
Block & lot 00913-0041

Sales & Tax Overview for 575 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 06/25/2014
Purchase price $770,000
Tax class
Estimated property tax $6,782

Lot & Building Information for 575 40th Street, Brooklyn

Lot sq. ft. 1,603
Lot dimensions 20 ft x 80.17 ft
Property type Two Family Brick (B1)
Building sqft 2,040
Building dimensions 20 ft x 51 ft
Buildings on lot 1
Stories 2
Structure type Old style
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1920
Frontage(s) 40 Street (narrow)
Nearest wide street 6 Avenue
Distance to wide street
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Zoning & Use for 575 40th Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
91 /100. Walker's Paradise
Transit Score
94 /100. Rider's Paradise
Bike Score
62 /100. Bikeable

School district 15
Community district 7
Closest police station 0.56 Miles
Closest fire station 0.20 Miles

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

Other Property Data for 575 40th Street, Brooklyn

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Floor area ratio (FAR) for 575 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 575 40th Street, Brooklyn, NY 11232, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 575 40th Street, Brooklyn

What is the year built & the total sq. ft. for 575 40th Street, Brooklyn, NY 11232?

575 40th Street, Brooklyn, NY 11232 was built in 1920 and has a total of 2,040 square feet.

What is the assessed value of 575 40th Street, Brooklyn, NY 11232 and the property tax paid?

Assessed at $80,580, the tax amount paid for 575 40th Street, Brooklyn, NY 11232 is $6,398. For the next year, the tax amount for 575 40th Street, Brooklyn, NY 11232 is estimated at $6,782.

When was 575 40th Street, Brooklyn, NY 11232 last sold and what was the last sale price?

575 40th Street, Brooklyn, NY 11232 was last sold in 06/25/2014 for $770,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 575 40th Street, Brooklyn

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Property owner name for 575 40th Street, Brooklyn, NY 11232
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Building contacts for 575 40th Street, Brooklyn, NY 11232
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 575 40th Street, Brooklyn

Create a free account to view the complete sales history for 575 40th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/25/2014 $770,000

Title Documents for 575 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
07/07/2014 - D
07/14/2014 - R		 Satisfaction of Mortgage
(2014070703153001)
06/25/2014 - D
07/10/2014 - R		 Mortgage
(2014062601111002)
06/25/2014 - D
07/10/2014 - R		 Deed
(2014062601111001)
04/30/2004 - D
07/05/2004 - R		 Satisfaction of Mortgage
(2004060801489001)
04/05/2004 - D
07/20/2004 - R		 Mortgage
(2004042800103002)
04/01/2004 - D
07/20/2004 - R		 Deed
(2004042800103001)
05/29/2002 - R Satisfaction of Mortgage
(3730008442273)
09/07/2001 - R Mortgage
(3560007804256)
10/27/2000 - R Satisfaction of Mortgage
(3980007384798)
10/26/1992 - R Assignment, Mortgage
(3230001724023)
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R: Recorded date
D: Document date

Property Taxes for 575 40th Street, Brooklyn

Access detailed property tax data for 575 40th Street, Brooklyn, NY 11232. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $6,399
Estimated property tax: $6,782
Tax assessor's market value: $1,343,000
Assessed value: $80,580

More about New York City Property Taxes

Assessment History for 575 40th Street, Brooklyn

Here's the assessment & property tax history for 575 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 $1,343,000 $80,580 $32,248 19.843% $6,399 $6,399 -1.20%
2024/25 $1,359,000 $81,540 $32,246 20.085% $6,477 $6,477 +0.91%
2023/24 $1,520,000 $91,200 $31,956 20.085% $6,418 $6,418 +4.77%
2022/23 $1,299,000 $77,940 $30,164 20.309% $6,126 $6,126 +7.74%
2021/22 $1,036,000 $62,160 $28,483 19.963% $5,686 $5,686 +0.54%
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Permits for 575 40th Street, Brooklyn

The complete history of permits filed for 575 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)

Transportation

Distance to Subway
Closest station 4th Ave & 36th St at NE Corner
Station lines N-R
Distance (miles) 0.333
View subway map
Bus Routes
Name 39 ST/6 Av
Line B70
Distance (miles) 0.04

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 24 4 Yes Public PK, K-5 530 0.24
P.S. 24 4 Yes Public PK, K-5 530 0.24
P.S. 958 NR No Public PK, K 50 0.25
P.S. 958 NR No Public PK, K 50 0.25
P.S. 169 Sunset Park 7 No Public K-5 934 0.27
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Sunset Park Prep 5 No Public 6-8 440 0.30
Is 136 Charles O Dewey 2 No Public 6-8 535 0.30
St. Michael Elementary School NR No Private K-8 0 0.32
Saint Agatha School NR No Private PK, K-8 193 0.47
Tomer Dvora School NR No Private 1-8 519 0.53
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 371 Lillian L Rashkis NR No Public 9-12 209 0.34
Sunset Park High School 4 No Public 9-12 1,418 0.42
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.58
Bnos Margulia Viznitz NR No Private PK-12 679 0.58
Bais Brocho of Karlin Stolin NR No Private K-12 0 0.63
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 575 40th Street, Brooklyn

Here are the neighbors for 575 40th Street, Brooklyn, NY 11232.

Address Square feet Purchase date Purchase price
561 40th St, Brooklyn 2,064 04/03/2026 $1,230,000
579 40th St, Brooklyn 2,100 11/21/2005 $675,000
571 40th St, Brooklyn 2,064 09/18/2024
577 40th St, Brooklyn 2,040 12/04/1972
581 40th St, Brooklyn 4,300 09/16/1981
576 39th St, Brooklyn 13,808 03/05/2009 $1,250,000
572 39th St, Brooklyn 1,992 04/10/1997
567 40th St, Brooklyn 2,064 03/12/2008 $300,000
559 40th St, Brooklyn 3,076 07/20/2005 $731,200
551 40th St, Brooklyn 1,800 01/19/1978
562 39th St, Brooklyn 1,560 06/21/2017 $930,000
573 40th St, Brooklyn 2,040 11/09/1987
569 40th St, Brooklyn 2,064 02/17/2009
563 40th St, Brooklyn 2,064 11/26/2006 $550,000
553 40th St, Brooklyn 1,800 04/01/1982
3908 6th Ave, Brooklyn 3,000 11/30/2001
568 39th St, Brooklyn 4,500 11/06/1970
565 40th St, Brooklyn 2,064 01/06/2020 $1,200,000
580 39th St, Brooklyn 9,500 10/02/2001
566 39th St, Brooklyn 4,500 01/26/2017 $910,000
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