Kings  »  11232  »  40th St  »  526 40th St

526 40th Street, Brooklyn, NY 11232 - Property report

Also known as: 526 40th St

Property image for 526 40th Street, Brooklyn, NY 11232
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1925

Lot sq. ft.

2,087

Sale price

$990,000 - M

General information

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Address
Primary address
526 40th Street
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00917-0017

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
4,506
Building dimensions
20.83 ft x 84 ft
Buildings on lot
1
Stories
3
Year built
1925
Building material
Sales
Sale date
09/21/2005
Sale price
$990,000 - M
Tax
Tax year
2026-2027
Property tax
$21,369
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20.83 ft x 100.17 ft
Lot sq. ft.
2,087

Area overview

Walk score
89 /100.  Very Walkable
Transit score
88 /100.  Excellent Transit
Bike score
62 /100.  Bikeable
School district
15
Community district
7
Closest police station
0.55 Miles
Closest fire station
0.13 Miles

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Ownership information for 526 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 526 40th Street, Brooklyn, NY 11232

Sale date Sale price Buyer name Seller name
09/21/2005 $990,000 XXX, XXXXXXX XXX XXX, XXXXXXXX XXXXXXX, XXXXXX XXX XXXXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/23/2015 - R
12/23/2014 - D
Deed
(2015021000718001)
XXX XXXXXXX XXX XXXX XXXXXX XXX
12/11/2013 - R UCC3 Termination
(2013120900750001)
XXXXXXX XXXXX X XXXXXXXXXXXX XXX
10/07/2005 - R
09/21/2005 - D
Deed
(2005092701436002)
XXXXXXX XXXXXX XXX XXXXXXX
10/07/2005 - R
09/21/2005 - D
Deed
(2005092701436001)
XXXXXXX XXXXXX XXXXXXX XXXXXX
09/19/2003 - R
07/29/2003 - D
Deed, Other
(2003080801669001)
XXXXXX XXXXXXX XX XXXX XXXXXX XXX XXXXXXX XXXXXX
07/17/2003 - R Satisfaction of Mortgage
(2003070701515001)
XXXXXXX XXXXX XXXXX XXXXXXX XXXX XXXXXXXXXXX
01/31/2002 - R Mortgage
(3560007981556)
XXXXXXX XXXXX XXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
01/31/2002 - R
01/15/2002 - D
Deed
(3480007981748)
XXXXXX XXXXXXXXXXXX XXXXXXX XXXXX
12/01/1988 - R Deed
(3860001414786)
XXXXXX XXXXXXXX XX XXXXXXX XXXXX
07/28/1972 - R Deed
(37230057101848)
XXXXXX XXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 526 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
$21,369
Municipal exemptions
Recent tax assessments
Market value
$1,240,000
Assessed value
$558,000

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 $1,063,000 $478,350 $159,063 12.439% $19,786 $19,786 -0.49%
2024/25 $950,000 $427,500 $159,063 12.5% $19,883 $19,883 +5.65%
2023/24 $882,000 $396,900 $150,537 12.502% $18,820 $18,820 +7.52%
2022/23 $899,000 $404,550 $142,684 12.267% $17,503 $17,503 +8.26%
2021/22 $810,000 $364,500 $132,144 12.235% $16,168 $16,168 +7.72%
2020/21 $888,000 $399,600 $122,356 12.267% $15,009 $15,009 -1.65%
2019/20 $922,400 $415,080 $122,356 12.473% $15,261 $15,261 +4.50%
2018/19 $1,153,000 $518,850 $115,798 12.612% $14,604 $14,604 +4.62%
2017/18 $992,000 $446,400 $109,757 12.719% $13,960 $13,960 +6.53%
2016/17 $835,000 $375,750 $101,649 12.892% $13,105 $13,105 +8.07%

Permit information for 526 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/11/2001 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
03/19/2003 Ll6291-local law 62/91 - boilers
02/10/1997 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

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

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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 & 45th St at NE Corner
Station lines
R
Distance (miles)
0.286

Access the detailed traffic volume map for 526 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

Frequently asked questions

What is the year built for 526 40th Street, Brooklyn, NY 11232?

The development at 526 40th Street, Brooklyn, NY 11232 was built in 1925.

What is the total square footage of 526 40th Street, Brooklyn, NY 11232?

526 40th Street, Brooklyn, NY 11232 has a total of 4,506 square feet.

When was 526 40th Street, Brooklyn, NY 11232 last sold and what was the sale price?

526 40th Street, Brooklyn, NY 11232 was last sold on 09/21/2005 for $990,000 - M.

What is the assessed value of 526 40th Street, Brooklyn, NY 11232?

526 40th Street, Brooklyn, NY 11232 is currently assessed at $558,000.

What are the property taxes for 526 40th Street, Brooklyn, NY 11232?

The property taxes for 526 40th Street, Brooklyn, NY 11232 total $21,368.

How many residential units does this building have?

This building has 6 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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