40 Prospect Park W, Brooklyn, NY 11215 Property Information
40 Prospect Park W, Brooklyn, NY 11215 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 40 Prospect Park W |
| Secondary address | 322-336 Garfield Pl |
| Neighborhood | Park Slope |
| Zip code | 11215 |
| Borough | Brooklyn |
| Block & lot | 01075-0035 |
Sales & Tax Overview for 40 Prospect Park W, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $614,622 |
Lot & Building Information for 40 Prospect Park W, Brooklyn
| Lot sqft | 13,900 |
| Lot dimensions | |
| Property type | Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
|
| Building sqft | 67,134 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 6 |
| Year built | 1942 |
| Year last altered | 2019 |
| Frontage(s) | Garfield Place (narrow) Prospect Park West (wide) |
Area Overview
| School district | 15 |
| Community district | 6 |
| Closest police station | 0.73 Miles |
| Closest fire station | 0.36 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 40 Prospect Park W, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 322-336 Garfield Pl, Brooklyn, NY 11215
- 38-42 Prospect Park W, Brooklyn, NY 11215
About 40 Prospect Park W, Brooklyn
40 Prospect Park W, Brooklyn, NY 11215 was built in 1942 and has a total of 67,134 square feet.
What is the assessed value of 40 Prospect Park W, Brooklyn, NY 11215 and the property tax paid?Assessed at $5,024,250, the tax amount paid for 40 Prospect Park W, Brooklyn, NY 11215 is $557,880. For the next year, the tax amount for 40 Prospect Park W, Brooklyn, NY 11215 is estimated at $614,622.
When was 40 Prospect Park W, Brooklyn, NY 11215 last sold?40 Prospect Park W, Brooklyn, NY 11215 was last sold in 07/19/1985.
How many residential units does this building have?This building has 62 residential unit(s).
Ownership Information for 40 Prospect Park W, Brooklyn
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Past Sales & Property History for 40 Prospect Park W, Brooklyn
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No recorded sales for this property.
Title Documents for 40 Prospect Park W, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 40 Prospect Park W, Brooklyn
Access detailed property tax data for 40 Prospect Park W, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $554,567 |
| Estimated property tax: | $614,622 |
| Tax assessor's market value: | $11,165,000 |
| Assessed value: | $5,024,250 |
| Exemptions granted by city: | Register |
Assessment History for 40 Prospect Park W, Brooklyn
Here's the assessment & property tax history for 40 Prospect Park W, 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 | $11,165,000 | $5,024,250 | $4,484,931 | 12.439% | $561,260 | $554,567 | +5.85% |
| 2024/25 | $11,894,000 | $5,352,300 | $4,279,699 | 12.5% | $538,402 | $523,916 | +29.23% |
| 2023/24 | $11,203,000 | $5,041,350 | $3,917,958 | 12.502% | $493,800 | $405,415 | +23.88% |
| 2022/23 | $7,888,000 | $3,549,600 | $3,435,670 | 12.267% | $425,703 | $327,264 | +8.96% |
| 2021/22 | $7,250,000 | $3,262,500 | $3,224,720 | 12.235% | $399,167 | $300,354 | -24.82% |
Permits for 40 Prospect Park W, Brooklyn
The complete history of permits filed for 40 Prospect Park W, 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.
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Park Slope Residential Market Stats
Access a detailed real estate market overview of Park Slope so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Park Slope and compare it to other neighborhoods in Brooklyn.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Flatbush Ave & Plaza Street West at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 2-3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.354 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Flatbush Av/Grand Army PZ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.252 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schools
Nearest elementary schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| P.S. 321 William Penn | 9 | Yes | Public | K-5 | 1,216 | 0.32 |
| Poly Prep Lower School | NR | No | Private | PK-4 | 240 | 0.05 |
| Poly Prep Lower School | NR | No | Private | PK-4 | 240 | 0.05 |
| Poly Prep Lower School | NR | No | Private | 0 | 0.05 | |
| The Montessori School of New York - Brooklyn | NR | No | Private | PK, K-6 | 0 | 0.18 |
Nearest middle schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Poly Prep Lower School | NR | No | Private | 0 | 0.05 | |
| Park Slope Collegiate | 4 | No | Public | 6-12 | 577 | 0.31 |
| Saint Saviour Catholic Academy | NR | No | Private | PK, K-8 | 370 | 0.35 |
| St Francis Xavier School | NR | No | Private | PK-8 | 175 | 0.37 |
| Berkeley Carroll Elementary School | NR | No | Private | PK-12 | 940 | 0.39 |
Nearest high schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Poly Prep Lower School | NR | No | Private | 0 | 0.05 | |
| St Saviour High School | NR | No | Private | 9-12 | 400 | 0.31 |
| Cyberarts Studio Academy | 2 | No | Public | 9-12 | 298 | 0.31 |
| Millennium Brooklyn High School | 10 | No | Public | 9-12 | 721 | 0.31 |
| Park Slope Collegiate | 4 | No | Public | 6-12 | 577 | 0.31 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 40 Prospect Park W, Brooklyn
Here are the neighbors for 40 Prospect Park W, Brooklyn, NY 11215.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 44 Prospect Park W, Brooklyn | 60,744 | 01/14/1981 | |
| 300 Garfield Pl, Brooklyn | 4,990 | 09/26/1984 | |
| 555 1st St, Brooklyn | 4,473 | 11/09/2023 | $6,500,000 |
| 316 Garfield Pl, Brooklyn | 8,668 | 05/09/2025 | |
| 308 Garfield Pl, Brooklyn | 6,089 | 11/17/1978 | |
| 567 1st St, Brooklyn | 5,352 | 07/08/2011 | |
| 565 1st St, Brooklyn | 6,177 | 03/25/2019 | |
| 561 1st St, Brooklyn | 5,988 | 02/03/1993 | |
| 559 1st St, Brooklyn | 5,000 | 12/11/2020 | $4,350,000 |
| 557 1st St, Brooklyn | 4,738 | 02/22/1996 | |
| 312 Garfield Pl, Brooklyn | 6,459 | 05/15/2023 | $8,375,000 |
| 304 Garfield Pl, Brooklyn | 6,175 | 12/01/2004 | |
| 553 1st St, Brooklyn | 4,894 | 06/26/2019 | $4,550,000 |
| 551 1st St, Brooklyn | 4,958 | 12/19/2023 | |
| 563 1st St, Brooklyn | 6,227 | 03/31/2026 | |
| 310 Garfield Pl, Brooklyn | 5,176 | 08/02/1985 | |
| 306 Garfield Pl, Brooklyn | 6,528 | 05/26/1983 | |
| 298 Garfield Pl, Brooklyn | 5,390 | 11/10/1987 | |
| 314 Garfield Pl, Brooklyn | 6,351 | 12/28/2004 | |
| 302 Garfield Pl, Brooklyn | 6,565 | 04/27/1989 |