Kings  »  11232  »  40th St  »  527 40th St

527 40th Street, Brooklyn, NY 11232 - Property report

Also known as: 527 40th St

Property image for 527 40th Street, Brooklyn, NY 11232
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1935

Lot sq. ft.

2,527

General information

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Address
Primary address
527 40th Street
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00913-0061

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
7,064
Building dimensions
25 ft x 75 ft
Buildings on lot
1
Stories
4
Year built
1935
Building material
Tax
Tax year
2026-2027
Property tax
$22,424
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100.17 ft
Lot sq. ft.
2,527

Area overview

Walk score
90 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
62 /100.  Bikeable
School district
15
Community district
7
Closest police station
0.52 Miles
Closest fire station
0.13 Miles

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

Ownership

Ownership information for 527 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 527 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
05/09/2013 - R Initial UCC1
(2013050900833001)		 XXXX XXX XXX XXXXXX XXXX XXXX XXXXXXX XXXX XXX
12/10/2004 - R Initial UCC1
(2004112400915001)		 XXXX XXX XXX XXXXXX XXXX XXXXXXXX XXXXXXX XXXX XXX
01/11/2005 - R
09/10/2004 - D		 Initial UCC1
(2005010400632001)		 XXXX XXX XXX XXXXXX XXXX XXXXXXXX XXXXXXX XXXX XXX
08/29/2005 - R
09/10/2004 - D		 Assignment of Leases and Rents
(2004091502146002)		 XXXXXXXX XXXXXXX XXXX XXX XXXXXXX XXX XXXXXX XXXX
08/29/2005 - R
09/10/2004 - D		 Mortgage
(2004091502146001)		 XXXXXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXX XXXX XXX
08/29/2005 - R
09/09/2004 - D		 Satisfaction of Mortgage
(2004091502146004)		 XXXX XXX XXX XXXX XXXXXXXX XXXXXXXXX
08/29/2005 - R
08/13/2004 - D		 Partial Release of Mortgage
(2004091502146003)		 XXXXXXXXX XXXX XXXXXXXXXX XXXXXXX
06/21/2002 - R Mortgage
(3850008730385)		 XXXXXXXXX XXXX XXXXXXXXX XXXX
06/28/2001 - R Tax Lien Sale Certificate
(FT_3090007717209)		 XXXX XX XXX XXXX XXXX XX XXX XXXX
06/28/2001 - R Tax Lien Sale Certificate
(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 527 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
$22,424
Municipal exemptions
Recent tax assessments
Market value
$1,090,000
Assessed value
$490,500

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 $908,000 $408,600 $180,254 12.439% $22,422 $22,422 +2.73%
2024/25 $1,106,400 $497,880 $174,607 12.5% $21,826 $21,826 +7.97%
2023/24 $1,383,000 $622,350 $161,685 12.502% $20,214 $20,214 +10.03%
2022/23 $1,410,000 $634,500 $149,759 12.267% $18,371 $18,371 +8.28%
2021/22 $1,270,000 $571,500 $138,668 12.235% $16,966 $16,966 -0.25%
2020/21 $1,392,000 $626,400 $138,657 12.267% $17,009 $17,009 +1.53%
2019/20 $1,446,400 $650,880 $134,313 12.473% $16,753 $16,753 +6.80%
2018/19 $1,808,000 $813,600 $124,373 12.612% $15,686 $15,686 +7.06%
2017/18 $1,556,000 $700,200 $115,199 12.719% $14,652 $14,652 +6.55%
2016/17 $1,309,000 $589,050 $106,668 12.892% $13,752 $13,752 +0.08%
Permits

Permit information for 527 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/28/2007 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
01/19/2007 Ll6291-local law 62/91 - boilers
03/19/2003 Ll6291-local law 62/91 - boilers
02/27/2001 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record 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
-

Subway & traffic

Closest station
4th Ave & 36th St at NE Corner
Station lines
N-R
Distance (miles)
0.275
View subway map

Access the detailed traffic volume map for 527 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 527 40th Street, Brooklyn, NY

515 40th St, Brooklyn 533 40th St, Brooklyn 521 40th St, Brooklyn 517 40th St, Brooklyn 545 40th St, Brooklyn 541 40th St, Brooklyn 539 40th St, Brooklyn 551 40th St, Brooklyn 535 40th St, Brooklyn 537 40th St, Brooklyn 549 40th St, Brooklyn 628 39th St, Brooklyn 529 40th St, Brooklyn 543 40th St, Brooklyn 523 40th St, Brooklyn 513 40th St, Brooklyn 601 40th St, Brooklyn 630 39th St, Brooklyn 525 40th St, Brooklyn 547 40th St, Brooklyn

Nearby ZIP codes for 527 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 527 40th Street, Brooklyn, NY 11232?

The development at 527 40th Street, Brooklyn, NY 11232 was built in 1935.

What is the total square footage of 527 40th Street, Brooklyn, NY 11232?

527 40th Street, Brooklyn, NY 11232 has a total of 7,064 square feet.

What is the assessed value of 527 40th Street, Brooklyn, NY 11232?

527 40th Street, Brooklyn, NY 11232 is currently assessed at $490,500.

What are the property taxes for 527 40th Street, Brooklyn, NY 11232?

The property taxes for 527 40th Street, Brooklyn, NY 11232 total $22,423.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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