New York City  »  11232  »  40th St  »  740 40th St

740 40th Street, Brooklyn, NY 11232 - Property report

Also known as: 726-740 40th St

Property image for 740 40th Street, Brooklyn, NY 11232
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Property type

Church, Synagogue, Chapel (M1)

Year built

1913

Lot sq. ft.

12,521

Sale price

$10,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
740 40th Street
Alternate address(es)
726-740 40th St
740 Finlandia St
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00919-0016

Owner

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Building
Property type
Church, Synagogue, Chapel (M1)
Building sq. ft.
6,750
Building dimensions
125 ft x 27 ft
Buildings on lot
1
Stories
2
Year built
1913
Last altered
2004
Building material
Sales
Sale date
01/15/2026
Sale price
$10,000,000
Tax
Tax year
2026-2027
Property tax
$28,323
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
125 ft x 100.17 ft
Lot sq. ft.
12,521

Area overview

Walk score
79 /100.  Very Walkable
Transit score
90 /100.  Rider's Paradise
Bike score
72 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.71 Miles
Closest fire station
0.42 Miles

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

Ownership

Ownership information for 740 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 740 40th Street, Brooklyn, NY 11232

Sale date Sale price Buyer name Seller name
01/15/2026 $10,000,000 XXX XXXX XXX XXXXXXXXX XXXXXXXX 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
07/01/2026 - R Initial UCC1
(2026062700048003)		 XXX XXXX XXX XXX XXXXXXXX XX XXX
07/01/2026 - R
06/18/2026 - D		 Assignment of Leases and Rents
(2026062700048002)		 XXX XXXX XXX XXX XXXXXXXX XX XXX
07/01/2026 - R
06/18/2026 - D		 Mortgage
(2026062700048001)		 XXX XXXX XXX XXX XXXXXXXX XX XXX
01/20/2026 - R
01/15/2026 - D		 Deed
(2026011900057001)		 XXXXXXXXX XXXXXXXX XXXXXX XXX XXXX XXX
01/15/2026 - R
01/09/2026 - D		 Satisfaction of Mortgage
(2026011500208001)		 XXXXXXXXX XXXXXXXXX XXXXXX XXX XXXXXXXXXXXXX XXXX XXXXX XXXXXXX
04/04/2000 - R Satisfaction of Mortgage
(3390007176339)		 XXXXXXXXXXXX XXXXXXXX XXXXXX
12/27/1999 - R Mortgage
(3970006970097)		 XXXXXXXXX XXXXXXXX XXXXXX XXXXXXXXXXXX XXXXXXX XXXXXX XXXX
12/27/1999 - R Satisfaction of Mortgage
(3450006992045)
06/18/1997 - R Mortgage
(3170005658417)		 XXXXXXXXX XXXXXXXX XXXXXX XXXXXXXXXXXX XXXXXX XXXXXX XXXX
06/18/1997 - R Agreement
(3010005658401)		 XXXXXXXXX XXXXXXXX XXXXXX XXXXXXXXXXXX XXXXXXXXXXX XXXXXXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 740 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
$28,323
Municipal exemptions
Recent tax assessments
Market value
$609,000
Assessed value
$274,050

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 $594,000 $267,300 $0 10.848% $27,210 $0 n/a
2024/25 $585,000 $263,250 $0 10.762% $27,149 $0 n/a
2023/24 $573,000 $257,850 $0 10.592% $26,787 $0 n/a
2022/23 $540,000 $243,000 $0 10.646% $25,870 $0 n/a
2021/22 $495,000 $222,750 $0 10.755% $23,957 $0 n/a
2020/21 $610,000 $274,500 $0 10.694% $27,103 $0 n/a
2019/20 $592,000 $266,400 $0 10.537% $25,482 $0 n/a
2018/19 $569,000 $256,050 $0 10.514% $24,092 $0 n/a
2017/18 $536,000 $241,200 $0 10.514% $22,871 $0 n/a
2016/17 $509,000 $229,050 $0 10.574% $22,088 $0 n/a
Permits

Permit information for 740 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/18/2011 Place of assembly
01/18/2011 Place of assembly
08/17/2009 Alteration type 2
08/17/2009 Alteration type 2
06/21/2004 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
10/08/2010 Vcat1-elevator annual inspection / test

*Most recent DOB violation 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
9th Ave & New Utrecht Ave at NE Corner
Station lines
D
Distance (miles)
0.268
View subway map

Access the detailed traffic volume map for 740 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 740 40th Street, Brooklyn, NY

742 40th St, Brooklyn 716 40th St, Brooklyn 744 40th St, Brooklyn 718 40th St, Brooklyn 4015 7th Ave, Brooklyn 615 41st St, Brooklyn 617 41st St, Brooklyn 754 40th St, Brooklyn 764 40th St, Brooklyn 760 40th St, Brooklyn 720 40th St, Brooklyn 619 41st St, Brooklyn 762 40th St, Brooklyn 748 40th St, Brooklyn 768 40th St, Brooklyn 750 40th St, Brooklyn 4001 7th Ave, Brooklyn 611 41st St, Brooklyn 724 40th St, Brooklyn

Nearby ZIP codes for 740 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 740 40th Street, Brooklyn, NY 11232?

The development at 740 40th Street, Brooklyn, NY 11232 was built in 1913.

What is the total square footage of 740 40th Street, Brooklyn, NY 11232?

740 40th Street, Brooklyn, NY 11232 has a total of 6,750 square feet.

When was 740 40th Street, Brooklyn, NY 11232 last sold and what was the sale price?

740 40th Street, Brooklyn, NY 11232 was last sold on 01/15/2026 for $10,000,000.

What is the assessed value of 740 40th Street, Brooklyn, NY 11232?

740 40th Street, Brooklyn, NY 11232 is currently assessed at $274,050.

What are the property taxes for 740 40th Street, Brooklyn, NY 11232?

The property taxes for 740 40th Street, Brooklyn, NY 11232 total $28,323.

Disclaimer

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