New York City » 11232 » 40th St » 748 40th St

748 40th Street, Brooklyn, NY 11232 - Property report

Also known as: 748 40th St

Property image for 748 40th Street, Brooklyn, NY 11232

Property type

Four Families (C3)

Year built

1922

Lot sq. ft.

2,504

General information

Address

Primary address

748 40th Street

Alternate address(es)

748 Finlandia St

ZIP code

11232

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00919-0023

Building

Property type

Four Families (C3)

Building sq. ft.

2,776

Building dimensions

25 ft x 60 ft

Buildings on lot

Stories

Year built

1922

Building material

C Blck + Brick

Exterior wall

None

Basement

Tax

Tax year

2026-2027

Property tax

$13,014

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

40 Street (narrow)

Nearest wide street

39 Street

Distance to wide street

Lot dimensions

25 ft x 100.17 ft

Lot sq. ft.

2,504

Area overview

Walk score

84 /100. Very Walkable

Transit score

90 /100. Rider's Paradise

Bike score

72 /100. Very Bikeable

School district

Community district

Closest police station

0.74 Miles

Closest fire station

0.45 Miles

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

Ownership

Ownership information for 748 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 748 40th Street, Brooklyn, NY 11232

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/10/2023 - R 08/01/2023 - D	Termination of Assign of L&R (2023080700088002)	XX XXXXXX XX XXXX XXXX X X	XXXXX XXX XXX
08/10/2023 - R 08/01/2023 - D	Satisfaction of Mortgage (2023080700088001)	XXXXX XXX XXX	XX XXXXXX XX XXXX XXXX X X
09/08/2014 - R 08/21/2014 - D	Assignment of Leases and Rents (2014082800296002)	XXXXX XXX XXX	XXXX XXXX X X
09/08/2014 - R 08/21/2014 - D	Mortgage (2014082800296001)	XXXXX XXX XXX	XXXX XXXX X X
01/13/2014 - R 12/16/2013 - D	Satisfaction of Mortgage (2013122600893001)	XXXXX XXX X	XXX XXXXXXXX XXXXXXX XXX
01/29/2004 - R 10/28/2003 - D	Agreement (2003112500816002)	XXXXX XXX XXX	XXXX
01/29/2004 - R 10/28/2003 - D	Mortgage (2003112500816001)	XXXXX XXX XXX	XXXX
03/06/2002 - R	Sundry Miscellaneous (3340008030334)	XXXXXXX XXXXXX	XXXXX XXX XXX
02/22/2002 - R	Satisfaction of Mortgage (3600008022460)	XXXXXXX XXXXXX	XXXXXXXXXX XXXXXXXXXXX XX XX
01/10/2002 - R	Mortgage (3970007957297)	XXXXX XXX XXX	XXX XXXXXXXX XXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 748 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

$13,014

Municipal exemptions

Recent tax assessments

Market value

$764,000

Assessed value

$343,800

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	$764,000	$343,800	$96,877	12.439%	$12,051	$12,051	-0.49%
2024/25	$684,000	$307,800	$96,877	12.5%	$12,110	$12,110	+7.95%
2023/24	$638,000	$287,100	$89,729	12.502%	$11,218	$11,218	+5.23%
2022/23	$568,000	$255,600	$86,901	12.267%	$10,660	$10,660	+8.26%
2021/22	$454,000	$204,300	$80,480	12.235%	$9,847	$9,847	+7.72%
2020/21	$454,000	$204,300	$74,521	12.267%	$9,141	$9,141	-1.65%
2019/20	$568,000	$255,600	$74,521	12.473%	$9,295	$9,295	+6.78%
2018/19	$710,000	$319,500	$69,022	12.612%	$8,705	$8,705	+2.39%
2017/18	$611,000	$274,950	$66,847	12.719%	$8,502	$8,502	+6.53%
2016/17	$515,000	$231,750	$61,908	12.892%	$7,981	$7,981	+8.07%

Permits

Permit information for 748 40th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
08/28/2020	Alteration
08/04/2020	Alteration
07/20/2020	Alteration type 2
07/10/2002	Alteration type 2
05/07/2002	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/01/2026	A
	11/20/2025	I
	06/16/2025	B

*Most recent HPD violations on record for this property.

Neighborhood

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

$545,000

-2.7% Y-o-Y

Median price/sq. ft.

$806

-6.6% Y-o-Y

Brooklyn median sale price

$899,000

6% 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

9th Ave & New Utrecht Ave at NE Corner

Station lines

Distance (miles)

0.246

View subway map

Access the detailed traffic volume map for 748 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 24	4	Yes	Public	PK, K-5	530	0.49
P.S. 24	4	Yes	Public	PK, K-5	530	0.49
P.S. 169 Sunset Park	7	No	Public	K-5	934	0.17
Tomer Dvora School	NR	No	Private	1-8	519	0.32
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim	NR	No	Private	PK-12	727	0.33
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim	NR	No	Private	PK-12	727	0.33
Bnos Margulia Viznitz	NR	No	Private	PK-12	679	0.33
Bnos Margulia Viznitz	NR	No	Private	PK-12	679	0.33
School Of Creativity-Innovation	8	No	Public	PK, K-4	198	0.40
School Of Creativity-Innovation	8	No	Public	PK, K-4	198	0.40

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Tomer Dvora School	NR	No	Private	1-8	519	0.32
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim	NR	No	Private	PK-12	727	0.33
Bnos Margulia Viznitz	NR	No	Private	PK-12	679	0.33
Saint Agatha School	NR	No	Private	PK, K-8	193	0.38
Bais Brocho of Karlin Stolin	NR	No	Private	K-12	0	0.38
Jhs 220 John J Pershing	7	No	Public	6-8	1,229	0.45
Sunset Park Prep	5	No	Public	6-8	440	0.55
Is 136 Charles O Dewey	2	No	Public	6-8	535	0.55

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim	NR	No	Private	PK-12	727	0.33
Bnos Margulia Viznitz	NR	No	Private	PK-12	679	0.33
Bais Brocho of Karlin Stolin	NR	No	Private	K-12	0	0.38
Yeshiva Tiferes Shmiel	NR	No	Private	9-12	0	0.44
Nesivos Bais Yaakov	NR	No	Private	PK, K-11	0	0.45
West Brooklyn Community High School	3	No	Public	10-12	161	0.45
P.S. 371 Lillian L Rashkis	NR	No	Public	9-12	209	0.59
Sunset Park High School	4	No	Public	9-12	1,418	0.64

Neighbors for 748 40th Street, Brooklyn, NY

742 40th St, Brooklyn 716 40th St, Brooklyn 744 40th St, Brooklyn 718 40th St, Brooklyn 4015 7th Ave, Brooklyn 754 40th St, Brooklyn 764 40th St, Brooklyn 770 40th St, Brooklyn 760 40th St, Brooklyn 4008 8th Ave, Brooklyn 720 40th St, Brooklyn 762 40th St, Brooklyn 768 40th St, Brooklyn 750 40th St, Brooklyn 740 40th St, Brooklyn 4001 7th Ave, Brooklyn 611 41st St, Brooklyn 4004 8th Ave, Brooklyn 724 40th St, Brooklyn

Nearby ZIP codes for 748 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 748 40th Street, Brooklyn, NY 11232?

The development at 748 40th Street, Brooklyn, NY 11232 was built in 1922.

What is the total square footage of 748 40th Street, Brooklyn, NY 11232?

748 40th Street, Brooklyn, NY 11232 has a total of 2,776 square feet.

What is the assessed value of 748 40th Street, Brooklyn, NY 11232?

748 40th Street, Brooklyn, NY 11232 is currently assessed at $343,800.

What are the property taxes for 748 40th Street, Brooklyn, NY 11232?

The property taxes for 748 40th Street, Brooklyn, NY 11232 total $13,014.

How many residential units does this building have?

This building has 4 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.