New York City  »  11238  »  Atlantic Ave  »  940 Atlantic Ave

940 Atlantic Avenue, Brooklyn, NY 11238 - Property report

Also known as: 940 Atlantic Ave

Property image for 940 Atlantic Avenue, Brooklyn, NY 11238
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1930

Lot sq. ft.

2,000

Sale price

$2,250,000

General information

Unlock this property report with a free account

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
940 Atlantic Avenue
ZIP code
11238
Neighborhood
Prospect Heights
Borough
Brooklyn
Block & lot
01124-0019

Owner

Find out who owns 940 Atlantic Avenue, Brooklyn, NY 11238. Uncover corporate and individual owners with a free account.

Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
2,940
Building dimensions
20 ft x 45 ft
Buildings on lot
1
Stories
3
Year built
1930
Building material
Sales
Sale date
10/31/2025
Sale price
$2,250,000
Tax
Tax year
2026-2027
Property tax
$2,617
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
13
Community district
8
Closest police station
0.56 Miles
Closest fire station
0.46 Miles

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

Ownership

Ownership information for 940 Atlantic Avenue, 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 940 Atlantic Avenue, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
10/31/2025 $2,250,000 XXX XXXXXXXX XXXXXXXX XXX XXXXXX, XXXXX XXX XXXXXX, XXXXXX XXX XXXXXXX, XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/17/2025 - R
12/02/2025 - D		 Termination of Assign of L&R
(2025120300040002)		 XXXXXXXX XXXXXXX XXXX XXX XXXXXX XXXXX
12/17/2025 - R
12/02/2025 - D		 Satisfaction of Mortgage
(2025120300040001)		 XXXXXX XXXXX XXXXXXXX XXXX
11/18/2025 - R Initial UCC1
(2025111300138003)		 XXX XXXXXXXX XXXXXXXX XXX XXXX XXXXXXX XXXXXXX XXX
11/18/2025 - R
11/04/2025 - D		 Assignment of Leases and Rents
(2025111300138002)		 XXX XXXXXXXX XXXXXXXX XXX XXXX XXXXXXX XXXXXXX XXX
11/18/2025 - R
11/04/2025 - D		 Mortgage
(2025111300138001)		 XXX XXXXXXXX XXXXXXXX XXX XXXX XXXXXXX XXXXXXX XXX
11/13/2025 - R
10/31/2025 - D		 Deed
(2025110700400003)		 XXXXXX XXXXX XXX XXXXXXXX XXXXXXXX XXX
11/13/2025 - R
06/16/2025 - D		 Power of Attorney
(2025110700400001)		 XXXXXX XXXXX XXXXXXX XXXX
11/13/2025 - R
03/10/2024 - D		 Deed
(2025110700400002)		 XXX XXXXXXXX XXX XXXX XXXXXX XXXXXXXXXXX
06/05/2012 - R
04/24/2012 - D		 Deed
(2012041600596001)		 XXXXXX XXXXX XXX XXXXXXXX XXX XXXX
09/09/2008 - R Initial UCC1
(2008090500653001)		 XXXXXX XXXXX XXXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 940 Atlantic Avenue, 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
$2,617
Municipal exemptions
Recent tax assessments
Market value
$1,807,000
Assessed value
$108,420

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 $1,374,000 $82,440 $12,442 19.843% $2,469 $2,469 +0.93%
2024/25 $1,085,000 $65,100 $12,179 20.085% $2,446 $2,446 +5.99%
2023/24 $959,000 $57,540 $11,491 20.085% $2,308 $2,308 +0.41%
2022/23 $753,000 $45,180 $11,318 20.309% $2,299 $2,299 +4.77%
2021/22 $645,000 $38,700 $10,990 19.963% $2,194 $2,194 +0.55%
2020/21 $408,000 $24,480 $10,368 21.045% $2,182 $2,182 +1.57%
2019/20 $355,000 $21,300 $10,149 21.167% $2,148 $2,148 +7.24%
2018/19 $296,000 $17,760 $9,576 20.919% $2,003 $2,003 +4.19%
2017/18 $276,000 $16,560 $9,432 20.385% $1,923 $1,923 +5.02%
2016/17 $230,000 $13,800 $9,158 19.991% $1,831 $1,831 +8.36%
Permits

Permit information for 940 Atlantic Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/17/2026 New building
08/17/2026 New building
08/17/2026 New building
08/17/2026 New building
06/03/2026 Alteration

*Most recent permits 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
Washington Ave & Fulton Ave at SE Corner
Station lines
C
Distance (miles)
0.176
View subway map

Access the detailed traffic volume map for 940 Atlantic Avenue, Brooklyn, NY 11238 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 940 Atlantic Avenue, Brooklyn, NY

942 Atlantic Ave, Brooklyn 946 Atlantic Ave, Brooklyn 958 Atlantic Ave, Brooklyn 948 Atlantic Ave, Brooklyn 952 Atlantic Ave, Brooklyn 924 Atlantic Ave, Brooklyn 918 Atlantic Ave, Brooklyn 557 Vanderbilt Ave, Brooklyn 950 Atlantic Ave, Brooklyn 960 Atlantic Ave, Brooklyn 577 Washington Ave, Brooklyn 966 Atlantic Ave, Brooklyn 922 Atlantic Ave, Brooklyn 944 Atlantic Ave, Brooklyn 956 Atlantic Ave, Brooklyn 938 Atlantic Ave, Brooklyn 936 Atlantic Ave, Brooklyn 932 Atlantic Ave, Brooklyn 930 Atlantic Ave, Brooklyn 849 Pacific St, Brooklyn

Nearby ZIP codes for 940 Atlantic Avenue, Brooklyn, NY

10002, New York City, NY 10038, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11233, New York City, NY 11237, New York City, NY

Frequently asked questions

What is the year built for 940 Atlantic Avenue, Brooklyn, NY 11238?

The development at 940 Atlantic Avenue, Brooklyn, NY 11238 was built in 1930.

What is the market value of 940 Atlantic Avenue, Brooklyn, NY 11238?

The current market value of 940 Atlantic Avenue, Brooklyn, NY 11238 is $1,807,000.

What is the total square footage of 940 Atlantic Avenue, Brooklyn, NY 11238?

940 Atlantic Avenue, Brooklyn, NY 11238 has a total of 2,940 square feet.

What is the price per square foot for this property?

$765 per square foot is the price for 940 Atlantic Avenue, Brooklyn, NY 11238.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account