Kings » 11232 » 40th St » 874 40th St

874 40th Street, Brooklyn, NY 11232 - Property report

Also known as: 874 40th St

Property image for 874 40th Street, Brooklyn, NY 11232

Property type

Five to Six Families (C2)

Year built

1925

Lot sq. ft.

2,504

Sale price

$610,000

General information

Address

Primary address

874 40th Street

ZIP code

11232

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00920-0032

Building

Property type

Five to Six Families (C2)

Building sq. ft.

3,120

Building dimensions

20.5 ft x 78 ft

Buildings on lot

Stories

Year built

1925

Building material

Sales

Sale date

12/19/2003

Sale price

$610,000

Tax

Tax year

2026-2027

Property tax

$16,160

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

25 ft x 100.17 ft

Lot sq. ft.

2,504

Area overview

Walk score

85 /100. Very Walkable

Transit score

84 /100. Excellent Transit

Bike score

73 /100. Very Bikeable

School district

Community district

Closest police station

0.88 Miles

Closest fire station

0.45 Miles

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

Ownership

Ownership information for 874 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 874 40th Street, Brooklyn, NY 11232

Sale date	Sale price	Buyer name	Seller name
12/19/2003	$610,000	XXXX, XXX XXX XXX, XXXX XXX	XXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/12/2024 - R 06/06/2024 - D	Satisfaction of Mortgage (2024060600402001)	XXXX XXX	XXXX XXXX XXXX
01/27/2014 - R 01/13/2014 - D	Satisfaction of Mortgage (2014011400161001)	XXXX XXX	XXXX XXXXXXXX XXXXXXXXXXX (XXX)
01/17/2014 - R 01/07/2014 - D	Satisfaction of Mortgage (2014010701567001)	XXXX XXX	XX XXXXXXX XXX XXX XXXXXXXX XXXXXXX XXX
12/31/2013 - R 12/12/2013 - D	Mortgage (2013122301249001)	XXXX XXX	XXXX XXXX XXXX
10/27/2004 - R 10/04/2004 - D	Mortgage (2004101900242001)	XXXX XXX	XXXX XXXXXXXX XXXXXXXXXXX
07/04/2004 - R 12/19/2003 - D	Mortgage (2004021202094002)	XXXX XXX	XXX XXXXXXXX XXXXXXX XXX
07/04/2004 - R 12/19/2003 - D	Deed, Other (2004021202094001)	XXXXXX XXXXX	XXXX XXX
04/15/1999 - R	Satisfaction of Mortgage (3580006563858)	XXXXXX XXXXX X	XXXXXXX XXXXXXXX
01/04/1973 - R	Mortgage (37330060501800)	XXXXXX XXXXX	XXXXXXX XXXXX X
01/04/1973 - R	Deed (37330060501798)	XXXXXXX XXXXX X	XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 874 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

$16,160

Municipal exemptions

Recent tax assessments

Market value

$858,000

Assessed value

$386,100

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	$736,000	$331,200	$120,066	12.439%	$15,220	$14,935	-0.60%
2024/25	$659,000	$296,550	$120,206	12.5%	$15,295	$15,026	+3.48%
2023/24	$611,000	$274,950	$116,145	12.502%	$14,810	$14,520	+10.26%
2022/23	$730,000	$328,500	$107,353	12.267%	$13,462	$13,169	+8.51%
2021/22	$659,000	$296,550	$99,190	12.235%	$12,437	$12,136	+7.85%
2020/21	$720,000	$324,000	$91,730	12.267%	$11,546	$11,253	-1.72%
2019/20	$660,000	$297,000	$91,790	12.473%	$11,740	$11,449	+2.37%
2018/19	$550,000	$247,500	$88,677	12.612%	$11,493	$11,184	+7.05%
2017/18	$476,000	$214,200	$82,138	12.719%	$10,737	$10,447	+6.86%
2016/17	$432,000	$194,400	$75,832	12.892%	$10,081	$9,776	+8.33%

Permits

Permit information for 874 40th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
01/28/2004	Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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

9th Ave & New Utrecht Ave at NE Corner

Station lines

Distance (miles)

0.112

View subway map

Access the detailed traffic volume map for 874 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 874 40th Street, Brooklyn, NY

865 41st St, Brooklyn 872 40th St, Brooklyn 880 40th St, Brooklyn 4020 9th Ave, Brooklyn 871 41st St, Brooklyn 867 41st St, Brooklyn 836 40th St, Brooklyn 876 40th St, Brooklyn 4002 9th Ave, Brooklyn 868 40th St, Brooklyn 850 40th St, Brooklyn 844 40th St, Brooklyn 838 40th St, Brooklyn 826 40th St, Brooklyn 4022 9th Ave, Brooklyn 878 40th St, Brooklyn 4018 9th Ave, Brooklyn 870 40th St, Brooklyn 842 40th St, Brooklyn

Nearby ZIP codes for 874 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 874 40th Street, Brooklyn, NY 11232?

The development at 874 40th Street, Brooklyn, NY 11232 was built in 1925.

What is the total square footage of 874 40th Street, Brooklyn, NY 11232?

874 40th Street, Brooklyn, NY 11232 has a total of 3,120 square feet.

When was 874 40th Street, Brooklyn, NY 11232 last sold and what was the sale price?

874 40th Street, Brooklyn, NY 11232 was last sold on 12/19/2003 for $610,000.

What is the assessed value of 874 40th Street, Brooklyn, NY 11232?

874 40th Street, Brooklyn, NY 11232 is currently assessed at $386,100.

What are the property taxes for 874 40th Street, Brooklyn, NY 11232?

The property taxes for 874 40th Street, Brooklyn, NY 11232 total $16,160.

How many residential units does this building have?

This building has 5 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.