New York City  »  11238  »  Lexington Ave  »  38 Lexington Ave

40 Lexington Avenue #3B, Brooklyn, NY 11238 - Property report

Also known as: 40 Lexington Ave #3B

Property image for 40 Lexington Avenue #3B, Brooklyn, NY 11238
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Property type

Condo - Residential Unit in Walk-Up Building (R2)

Year built

2017

Lot sq. ft.

7,500

Sale price

$1,810,000

General information

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Address
Primary address
40 Lexington Avenue #3B
ZIP code
11238
Neighborhood
Clinton Hill
Borough
Brooklyn
Block & lot
01969-1406

Owner

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Building
Property type
Condo - Residential Unit in Walk-Up Building (R2)
Unit sq. ft.
1,579
Buildings on lot
4
Stories
4
Year built
2017
Sales
Sale date
02/03/2020
Sale price
$1,810,000
Tax
Tax year
2026-2027
Property tax
$17,199
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
12
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Distance to wide street
Lot sq. ft.
7,500

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
13
Community district
2

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

Ownership information for 40 Lexington Avenue #3B, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 40 Lexington Avenue #3B, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
02/03/2020 $1,810,000 XXXXXXXX, XXXX XXX XXXXXXXXX, XXXXXX XXXXX XXX XXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/16/2020 - R UCC3 Termination
(2020031300077004)
XX XXXXXXXXX XXXXXX XXX XXX XXXX XXXX XXX
03/16/2020 - R UCC3 Termination
(2020031300077003)
XX XXXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXX
03/16/2020 - R
02/03/2020 - D
Termination of Assign of L&R
(2020031300077002)
XXX XXXX XXXXXXXXX XXX XX XXXXXXXXX XXXXXX XXX
03/16/2020 - R
02/03/2020 - D
Satisfaction of Mortgage
(2020031300077001)
XX XXXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXX
03/13/2020 - R
02/03/2020 - D
Mortgage
(2020021400809005)
XXXXXXXX XXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
03/13/2020 - R
02/03/2020 - D
Power of Attorney
(2020021400809004)
XXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXXXX XXXXXXXXXXX
03/13/2020 - R
02/03/2020 - D
Deed
(2020021400809003)
XXXXX XXX XXXX XXX XXXXXXXX XXXX
03/13/2020 - R
01/13/2020 - D
Power of Attorney
(2020021400809002)
XXXXXXXXX XXXXXX XXXXXX XXXXXX X
03/13/2020 - R
01/13/2020 - D
Power of Attorney
(2020021400809001)
XXXXXXXX XXXX XXXXXX XXXXXX X
03/16/2020 - R
01/08/2020 - D
Sundry Miscellaneous
(2020031300077005)
XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 40 Lexington Avenue #3B, 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
$17,199
Municipal exemptions
Recent tax assessments
Market value
$345,087
Assessed value
$155,289

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 $313,107 $140,898 $132,890 12.439% $16,530 $16,530 +20.41%
2024/25 $308,350 $138,757 $133,128 12.5% $16,641 $13,728 +12.32%
2023/24 $331,960 $149,382 $117,318 12.502% $14,667 $12,223 +3.86%
2022/23 $276,106 $124,248 $95,936 12.267% $11,768 $11,768 +20.86%
2021/22 $285,356 $128,410 $79,582 12.235% $9,737 $9,737 +27.21%
2020/21 $315,751 $142,088 $62,395 12.267% $7,654 $7,654 n/a

Permit information for 40 Lexington Avenue #3B, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Clinton Hill residential market stats

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

Median sale price

$929,000

0.4% Y-o-Y

Median price/sq. ft.

$1,152

-1.5% Y-o-Y

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Classon Ave & Lafayette Ave at SW Corner
Station lines
G
Distance (miles)
0.168

Access the detailed traffic volume map for 40 Lexington Avenue #3B, 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 56 Lewis H Latimer 5 No Public PK, K-5 262 0.10
P.S. 56 Lewis H Latimer 5 No Public PK, K-5 262 0.10
P.S. 270 Johann Dekalb 1 No Public PK, K-5 96 0.25
P.S. 270 Johann Dekalb 1 No Public PK, K-5 96 0.25
Community Partnership Charter School 7 No Charter PK, K-8 371 0.25
Community Partnership Charter School 7 No Charter PK, K-8 371 0.25
P.S. 11 Purvis J Behan 9 No Public PK, K-5 832 0.28
P.S. 11 Purvis J Behan 9 No Public PK, K-5 832 0.28
Nelrak Child Development Center NR No Private PK, K-3 50 0.30
Nelrak Child Development Center NR No Private PK, K-3 50 0.30
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Urban Assembly Unison School (The) 3 No Public 6-8 173 0.10
Community Partnership Charter School 7 No Charter PK, K-8 371 0.25
Bethel Elementary School NR No Private PK-8 34 0.32
The Brooklyn Waldorf School NR No Private PK, K-8 160 0.32
Talmud Torah Dnitra NR No Private PK, K-12 500 0.37
Clara Muhammad School Of Masjid Khalifah NR No Private PK-8 79 0.38
Achievement First Endeavor Charter School 6 No Charter K-8 738 0.39
Brooklyn Free School NR No Private PK-12 76 0.39
P.S. 753 School For Career Development NR No Public 6-12 354 0.52
Ms 113 Ronald Edmonds Learning Center 5 No Public 6-8 226 0.61
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bedford Academy High School 9 No Public 9-12 381 0.36
Talmud Torah Dnitra NR No Private PK, K-12 500 0.37
Ohel Elozer NR No Private 9-12 0 0.39
Brooklyn Free School NR No Private PK-12 76 0.39
Brooklyn Community High School Communication Arts An NR No Public 9-12 515 0.39
Brooklyn High School For Leadership And Community 1 No Public 9-12 139 0.39
Bishop Loughlin Memorial High School NR No Private 9-12 621 0.44
P.S. 753 School For Career Development NR No Public 6-12 354 0.52
Gotham Professional Arts Academy NR No Public 9-12 179 0.54
Acorn Community High School NR No Public 9-12 107 0.54

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 40 Lexington Avenue #3B, Brooklyn, NY

Frequently asked questions

What is the year built for 40 Lexington Avenue #3B, Brooklyn, NY 11238?

The development at 40 Lexington Avenue #3B, Brooklyn, NY 11238 was built in 2017.

What is the total square footage of 40 Lexington Avenue #3B, Brooklyn, NY 11238?

40 Lexington Avenue #3B, Brooklyn, NY 11238 has a total of 1,579 square feet.

When was 40 Lexington Avenue #3B, Brooklyn, NY 11238 last sold and what was the sale price?

40 Lexington Avenue #3B, Brooklyn, NY 11238 was last sold on 02/03/2020 for $1,810,000.

What is the assessed value of 40 Lexington Avenue #3B, Brooklyn, NY 11238?

40 Lexington Avenue #3B, Brooklyn, NY 11238 is currently assessed at $155,289.

What are the property taxes for 40 Lexington Avenue #3B, Brooklyn, NY 11238?

The property taxes for 40 Lexington Avenue #3B, Brooklyn, NY 11238 total $17,199.

How many residential units does this building have?

This building has 12 residential unit(s).

Disclaimer

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