Kings » 11232 » 40th St » 528 40th St

528 40th Street, Brooklyn, NY 11232 - Property report

Also known as: 528 40th St

Property image for 528 40th Street, Brooklyn, NY 11232

Property type

Five to Six Families (C2)

Year built

1925

Lot sq. ft.

2,087

Sale price

$270,000

General information

Address

Primary address

528 40th Street

ZIP code

11232

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00917-0018

Building

Property type

Five to Six Families (C2)

Building sq. ft.

4,506

Building dimensions

20.83 ft x 84 ft

Buildings on lot

Stories

Year built

1925

Building material

Sales

Sale date

01/20/2003

Sale price

$270,000

Tax

Tax year

2026-2027

Property tax

$20,273

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

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

90 /100. Very Walkable

Transit score

95 /100. Rider's Paradise

Bike score

62 /100. Bikeable

School district

Community district

Closest police station

0.55 Miles

Closest fire station

0.13 Miles

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

Ownership

Ownership information for 528 40th Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 528 40th Street, Brooklyn, NY 11232

Sale date	Sale price	Buyer name	Seller name
01/20/2003	$270,000	XXX XX XXXXXX XXX.	XXXXXXXX XXX XXXXXX XXXXXXXX, XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
03/30/2015 - R 12/23/2014 - D	Deed (2015021000879001)	XXX XX XXXXXX XXX	XXX XXXX XXXXXX XXX XXX
04/07/2010 - R 01/19/2010 - D	Satisfaction of Mortgage (2010022600252002)	XXX XX XXXXXX XXX	XXXXXXXXXX XXXXXXXX XXXXXXX XXX
04/07/2010 - R 01/19/2010 - D	Termination of Assign of L&R (2010022600252001)	XXX XX XXXXXX XXX	XXXXXXXXXX XXXXXXXX XXXXXXX XXX
09/28/2005 - R 09/19/2005 - D	Assignment of Leases and Rents (2005092301234002)	XXXXXXXXXX XXXXXXXX XXXXXXX XX X	XXX XX XXXXXX XXX
09/28/2005 - R 09/19/2005 - D	Mortgage (2005092301234001)	XXX XX XXXXXX XXX	XXXXXXXXXX XXXXXXXX XXXXXXX XX X
11/07/2003 - R 05/23/2003 - D	Deed (2003090802086001)	XXXXXXXX XXX XXXXXX XXXXXXXX XXXXXXXX	XXX XX XXXXXX XXX
09/11/2003 - R 01/20/2003 - D	Deed, Other (2003012901289001)	XXXXXXXX XXX XXXXXX XXXXXXXX XXXXXXXX	XXX XX XXXXXX XXX
10/15/1999 - R 10/01/1999 - D	Deed (3130006845513)	XXXXXXXX XXXXXXXXX	XXXXXXXXXX XXXXXX
09/23/1999 - R 03/20/1999 - D	Deed (3370006807137)	XXXXXXXX XXXXXXXXXX	XXXXXXXX XXXXXXXX
01/14/1982 - R 12/08/1981 - D	Deed (3710000895971)	XXXXXXXXX XXXXXXXXXXX	XXXX XXXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 528 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

$20,273

Municipal exemptions

Recent tax assessments

Market value

$1,240,000

Assessed value

$558,000

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	$1,063,000	$478,350	$150,907	12.439%	$18,771	$18,771	-0.49%
2024/25	$950,000	$427,500	$150,907	12.5%	$18,863	$18,863	+3.25%
2023/24	$882,000	$396,900	$146,138	12.502%	$18,270	$18,270	+10.04%
2022/23	$899,000	$404,550	$135,343	12.267%	$16,603	$16,603	+8.24%
2021/22	$810,000	$364,500	$125,366	12.235%	$15,339	$15,339	+7.72%
2020/21	$888,000	$399,600	$116,082	12.267%	$14,240	$14,240	-1.65%
2019/20	$922,400	$415,080	$116,082	12.473%	$14,479	$14,479	+2.12%
2018/19	$1,153,000	$518,850	$112,414	12.612%	$14,178	$14,178	+7.07%
2017/18	$992,000	$446,400	$104,110	12.719%	$13,242	$13,242	+6.51%
2016/17	$835,000	$375,750	$96,435	12.892%	$12,432	$12,432	+8.07%

Permits

Permit information for 528 40th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
05/08/2008	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
	05/04/1998	Ll6291-local law 62/91 - boilers
	06/01/1994	Ll6291-local law 62/91 - boilers
	08/16/1993	Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & 45th St at NE Corner

Station lines

Distance (miles)

0.289

View subway map

Access the detailed traffic volume map for 528 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

Nearby ZIP codes for 528 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 528 40th Street, Brooklyn, NY 11232?

The development at 528 40th Street, Brooklyn, NY 11232 was built in 1925.

What is the total square footage of 528 40th Street, Brooklyn, NY 11232?

528 40th Street, Brooklyn, NY 11232 has a total of 4,506 square feet.

When was 528 40th Street, Brooklyn, NY 11232 last sold and what was the sale price?

528 40th Street, Brooklyn, NY 11232 was last sold on 01/20/2003 for $270,000.

What is the assessed value of 528 40th Street, Brooklyn, NY 11232?

528 40th Street, Brooklyn, NY 11232 is currently assessed at $558,000.

What are the property taxes for 528 40th Street, Brooklyn, NY 11232?

The property taxes for 528 40th Street, Brooklyn, NY 11232 total $20,272.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.