New York City  »  11218  »  40th St  »  1623 40th St

1623 40th Street #2, Brooklyn, NY 11218 - Property report

Also known as: 1623 40th St #2

Property image for 1623 40th Street #2, Brooklyn, NY 11218
static Mapbox map

Property type

Condo - Residential Unit in 1-3 Story Building (R3)

Year built

2024

Lot sq. ft.

3,201

Sale price

$1,750,000

General information

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Address
Primary address
1623 40th Street #2
ZIP code
11218
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05383-1102

Owner

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Building
Property type
Condo - Residential Unit in 1-3 Story Building (R3)
Unit sq. ft.
1,809
Buildings on lot
1
Stories
3
Year built
2024
Sales
Sale date
10/20/2025
Sale price
$1,750,000
Tax
Tax year
2026-2027
Property tax
$9,763
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Distance to wide street
Lot sq. ft.
3,201

Area overview

Walk score
89 /100.  Very Walkable
Transit score
93 /100.  Rider's Paradise
Bike score
65 /100.  Bikeable
School district
20
Community district
12

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

Ownership information for 1623 40th Street #2, Brooklyn, NY

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

Sales history for 1623 40th Street #2, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
10/20/2025 $1,750,000 XXXX X XXX XXXXXX XX XXXXXXXX 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
12/04/2025 - R
12/01/2025 - D
Amended Condo Declaration
(2025120300392001)
XXX XXXXX XX XXXXXXXX XX XXX XXXX XXXX XXXXXX
11/19/2025 - R
10/20/2025 - D
Mortgage
(2025111300685004)
XXXX X XXX XXXXXXXX XXXXXX XXXXXXXX XXX
11/19/2025 - R
10/20/2025 - D
Power of Attorney
(2025111300685003)
XXXX X XXX XXX XXXX XXXX XXXXXX XXXXXXXXXXX
11/19/2025 - R
10/20/2025 - D
Deed
(2025111300685002)
XXXXXX XX XXXXXXXX XXX XXXX X XXX
11/19/2025 - R
10/20/2025 - D
Partial Release of Mortgage
(2025111300685001)
XXXXXXXXX XXXXXXX XXX XXXXXX XX XXXXXXXX XXX
07/30/2025 - R
07/09/2025 - D
Maps
(2025072200957002)
XXXX XXXX XXXXXX XXXXXXXXXXX
07/30/2025 - R
06/10/2025 - D
Condo Declaration
(2025072200957001)
XXXXXX XX XXXXXXXX XXX
09/29/2025 - R
03/23/2023 - D
Assignment, Mortgage
(2025092800002001)
XXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1623 40th Street #2, 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
$9,763
Municipal exemptions
Recent tax assessments
Market value
$841,165
Assessed value
$50,470

Permit information for 1623 40th Street #2, 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.

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

$999,000

-0.1% Y-o-Y

Median price/sq. ft.

$858

7.4% 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
-

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.05
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.08
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.08
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.10
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.10
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.05
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.08
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.10
Yeshiva Derech Chaim NR No Private 0 0.11
Ohr Halimud - The Multi Sensory Learning Center NR No Private 18 0.13
Jhs 223 The Montauk 6 No Public 6-8 702 0.15
Urban Assembly School for Leadership and Empowerment 7 No Public 6-12 495 0.15
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.08
Yeshiva Shaarei Yosher NR No Private 9-12 101 0.10
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.10
Yeshiva Derech Chaim NR No Private 0 0.11
Ohr Halimud - The Multi Sensory Learning Center NR No Private 18 0.13
Urban Assembly School for Leadership and Empowerment 7 No Public 6-12 495 0.15

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

Frequently asked questions

What is the year built for 1623 40th Street #2, Brooklyn, NY 11218?

The development at 1623 40th Street #2, Brooklyn, NY 11218 was built in 2024.

What is the total square footage of 1623 40th Street #2, Brooklyn, NY 11218?

1623 40th Street #2, Brooklyn, NY 11218 has a total of 1,809 square feet.

When was 1623 40th Street #2, Brooklyn, NY 11218 last sold and what was the sale price?

1623 40th Street #2, Brooklyn, NY 11218 was last sold on 10/20/2025 for $1,750,000.

What is the assessed value of 1623 40th Street #2, Brooklyn, NY 11218?

1623 40th Street #2, Brooklyn, NY 11218 is currently assessed at $50,470.

What are the property taxes for 1623 40th Street #2, Brooklyn, NY 11218?

The property taxes for 1623 40th Street #2, Brooklyn, NY 11218 total $9,763.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

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