Kings  »  11232  »  40th St  »  880 40th St

880 40th Street, Brooklyn, NY 11232 - Property report

Also known as: 880 40th St

Property image for 880 40th Street, Brooklyn, NY 11232
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Property type

Five to Six Families (C2)

Year built

1925

Lot sq. ft.

3,005

Sale price

$720,000

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
880 40th Street
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00920-0037

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
3,120
Building dimensions
20.5 ft x 78 ft
Buildings on lot
1
Stories
2
Year built
1925
Building material
Sales
Sale date
07/27/2004
Sale price
$720,000
Tax
Tax year
2026-2027
Property tax
$19,724
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
5
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
30 ft x 100.17 ft
Lot sq. ft.
3,005

Area overview

Walk score
85 /100.  Very Walkable
Transit score
84 /100.  Excellent Transit
Bike score
73 /100.  Very Bikeable
School district
15
Community district
12
Closest police station
0.89 Miles
Closest fire station
0.44 Miles

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

Ownership

Ownership information for 880 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 880 40th Street, Brooklyn, NY 11232

Sale date Sale price Buyer name Seller name
07/27/2004 $720,000 XXX, XXX XXX XXX XX, XXXX XXXXXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/07/2017 - R
03/17/2017 - D		 Agreement
(2017040300313003)		 XXX XXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
04/07/2017 - R
03/17/2017 - D		 Mortgage
(2017040300313002)		 XXX XXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
04/07/2017 - R
03/07/2017 - D		 Assignment, Mortgage
(2017040300313001)		 XXXX XXXX XXX X X XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
08/29/2011 - R
08/01/2011 - D		 Assignment, Mortgage
(2011081000108001)		 XXXX XXXXXXXX XXXXXXXXXXX (XXX) XXXX XXXX XXX X X
08/12/2004 - R
07/27/2004 - D		 Mortgage
(2004081002648002)		 XXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX (XXX)
08/12/2004 - R
07/27/2004 - D		 Deed, Other
(2004081002648001)		 XXXXXXXX XXXXXXX XXX XXX XXX
12/16/1998 - R Satisfaction of Mortgage
(3370006381637)		 XXXXXXXX XXXXXXX XXXXX XXXXX XXXXXXXXXXX
05/19/1995 - R Agreement
(3480004777148)		 XXXXXX XXXXX XXXXX XXXXX XXXXXXXXXXX
05/17/1994 - R
04/18/1994 - D		 Deed
(3030004279503)		 XXXXXX XXXXX XXXXXXXX XXXXXXX
08/16/1991 - R Agreement
(3680001632968)		 XXXXXX XXXXX XXXXX XXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 880 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
$19,724
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 $146,827 12.439% $18,264 $18,264 -0.49%
2024/25 $659,000 $296,550 $146,827 12.5% $18,353 $18,353 +4.79%
2023/24 $611,000 $274,950 $140,091 12.502% $17,514 $17,514 +8.41%
2022/23 $730,000 $328,500 $131,704 12.267% $16,156 $16,156 +8.26%
2021/22 $659,000 $296,550 $121,976 12.235% $14,924 $14,924 +7.72%
2020/21 $720,000 $324,000 $112,944 12.267% $13,855 $13,855 -1.65%
2019/20 $660,000 $297,000 $112,944 12.473% $14,088 $14,088 +3.65%
2018/19 $550,000 $247,500 $107,762 12.612% $13,591 $13,591 +5.47%
2017/18 $476,000 $214,200 $101,311 12.719% $12,886 $12,886 +6.53%
2016/17 $432,000 $194,400 $93,828 12.892% $12,096 $12,096 +8.07%
Permits

Permit information for 880 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/09/2004 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.

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)
0.108
View subway map

Access the detailed traffic volume map for 880 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 880 40th Street, Brooklyn, NY

865 41st St, Brooklyn 861 41st St, Brooklyn 872 40th St, Brooklyn 4020 9th Ave, Brooklyn 871 41st St, Brooklyn 867 41st St, Brooklyn 4002 9th Ave, Brooklyn 876 40th St, Brooklyn 868 40th St, Brooklyn 850 40th St, Brooklyn 844 40th St, Brooklyn 838 40th St, Brooklyn 859 41st St, Brooklyn 874 40th St, Brooklyn 4022 9th Ave, Brooklyn 4018 9th Ave, Brooklyn 857 41st St, Brooklyn 878 40th St, Brooklyn 870 40th St, Brooklyn 842 40th St, Brooklyn

Nearby ZIP codes for 880 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 880 40th Street, Brooklyn, NY 11232?

The development at 880 40th Street, Brooklyn, NY 11232 was built in 1925.

What is the total square footage of 880 40th Street, Brooklyn, NY 11232?

880 40th Street, Brooklyn, NY 11232 has a total of 3,120 square feet.

When was 880 40th Street, Brooklyn, NY 11232 last sold and what was the sale price?

880 40th Street, Brooklyn, NY 11232 was last sold on 07/27/2004 for $720,000.

What is the assessed value of 880 40th Street, Brooklyn, NY 11232?

880 40th Street, Brooklyn, NY 11232 is currently assessed at $386,100.

What are the property taxes for 880 40th Street, Brooklyn, NY 11232?

The property taxes for 880 40th Street, Brooklyn, NY 11232 total $19,724.

How many residential units does this building have?

This building has 5 residential unit(s).

Disclaimer

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