New York City  »  11218  »  40th St  »  1202 40th St

1202 40th Street #1, Brooklyn, NY 11218 Property Information

1202 40th Street #1, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1202 40th Street #1, Brooklyn, NY 11218 2
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Address

Primary address 1202 40th Street #1
Secondary address 1202 40th St,,
Neighborhood Borough Park
Zip code 11218
Borough Brooklyn
Block & lot 05589-1001

Sales & Tax Overview for 1202 40th Street #1, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 06/22/2016
Purchase price $610,950
Tax class
Estimated property tax $715

Lot & Building Information for 1202 40th Street #1, Brooklyn

Lot sqft 1,937
Building class Condo - Residential Unit in 2-10 Unit Building (R1) i
Building sqft 1,922
Buildings on lot 1
Stories 4
Structure type Walk-up apartment
Year built 1901
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Zoning & Use for 1202 40th Street #1, Brooklyn

Residential units (DOF) 1

Area Overview

Walk Score
91 /100. Walker's Paradise
Transit Score
92 /100. Rider's Paradise
Bike Score
71 /100. Very Bikeable

School district 15
Community district 12

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Unit Overview

Unit # 1

Other Property Data for 1202 40th Street #1, Brooklyn

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Floor area ratio (FAR) for 1202 40th Street #1, Brooklyn, NY 11218, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 1202 40th Street #1, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 1202 40th St,,

About 1202 40th Street #1, Brooklyn

What is the year built & the total sq. ft. for 1202 40th Street #1, Brooklyn, NY 11218?

1202 40th Street #1, Brooklyn, NY 11218 was built in 1901 and has a total of 1,922 square feet.

What is the assessed value of 1202 40th Street #1, Brooklyn, NY 11218 and the property tax paid?

Assessed at $182,700, the tax amount paid for 1202 40th Street #1, Brooklyn, NY 11218 is $715. For the next year, the tax amount for 1202 40th Street #1, Brooklyn, NY 11218 is estimated at $715.

When was 1202 40th Street #1, Brooklyn, NY 11218 last sold and what was the last sale price?

1202 40th Street #1, Brooklyn, NY 11218 was last sold in 06/22/2016 for $610,950.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 1202 40th Street #1, Brooklyn

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Property owner name for 1202 40th Street #1, Brooklyn, NY 11218
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Building contacts for 1202 40th Street #1, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
$4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 1202 40th Street #1, Brooklyn

Create a free account to view the complete sales history for 1202 40th Street #1, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/22/2016 $610,950

Title Documents for 1202 40th Street #1, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
07/15/2016 - D
07/27/2016 - R		 Amended Condo Declaration
(2016072101312001)
06/22/2016 - D
07/05/2016 - R		 Power of Attorney
(2016062701065002)
06/22/2016 - D
07/05/2016 - R		 Deed
(2016062701065001)
06/15/2016 - D
06/23/2016 - R		 Amended Condo Declaration
(2016061600764001)
05/09/2016 - D
05/16/2016 - R		 Condo Declaration
(2016051000374001)
05/04/2016 - D
05/16/2016 - R		 Maps
(2016051000374002)
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R: Recorded date
D: Document date

Property Taxes for 1202 40th Street #1, Brooklyn

Access detailed property tax data for 1202 40th Street #1, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $716
Estimated property tax: $715
Tax assessor's market value: $406,000
Assessed value: $182,700
Exemptions granted by city:

More about New York City Property Taxes

Assessment History for 1202 40th Street #1, Brooklyn

Here's the assessment & property tax history for 1202 40th Street #1, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $406,000 $182,700 $5,753 12.439% $5,198 $716 -0.49%
2024/25 $338,240 $152,208 $5,753 12.5% $4,837 $719 -0.02%
2023/24 $332,640 $149,688 $5,753 12.502% $4,479 $719 +1.92%
2022/23 $326,760 $147,042 $5,753 12.267% $4,070 $706 +0.24%
2021/22 $298,480 $134,316 $5,753 12.235% $4,059 $704 -0.24%
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Permits for 1202 40th Street #1, Brooklyn

The complete history of permits filed for 1202 40th Street #1, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

No recorded permits for this property.

Borough Park Residential Market Stats

Access a detailed real estate market overview of Borough Park so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Borough Park and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$997,000
17.3% YoY
Median Price/Sqft
$889
17.1% YoY
Brooklyn Median Sale Price
$839,000
6.2% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Transportation

Distance to Subway
Closest station New Utrecht Ave & 44th St at NE Corner
Station lines D
Distance (miles) 0.27
View subway map
Bus Routes
Name 39 ST/12 Av
Line B35
Distance (miles) 0.06

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.15
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.15
Yeshivas Boyan Tiferes Mordechai Shlomo NR No Private PK, K-8 239 0.18
Yeshivas Boyan Tiferes Mordechai Shlomo NR No Private PK, K-8 239 0.18
Mesivta Tiferes Elimelech NR No Private 0 0.19
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.15
Yeshivas Boyan Tiferes Mordechai Shlomo NR No Private PK, K-8 239 0.18
Mesivta Tiferes Elimelech NR No Private 0 0.19
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.19
St. Catharine of Alexandria NR No Private PK, K-8 0 0.23
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Yeshiva Mesivta Chernobil NR No Private 9-12 74 0.06
Kerem Shlomo NR No Private 10-11 0 0.15
Yeshiva Imrei Phi NR No Private 9-12 0 0.18
Mesivta Tiferes Elimelech NR No Private 0 0.19
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.19
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 1202 40th Street #1, Brooklyn

Here are the neighbors for 1202 40th Street #1, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
648 Greene Ave, Brooklyn 2,170 10/26/2021
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