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1040 Bedford Avenue, Brooklyn, NY 11205 Property Information

1040 Bedford Avenue, Brooklyn, NY 11205 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1040 Bedford Avenue, Brooklyn, NY 11205 1
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Address

Primary address 1040 Bedford Avenue
Secondary address 498 Lafayette Ave
Neighborhood Bedford-Stuyvesant
Zip code 11205
Borough Brooklyn
Block & lot 01950-0031

Sales & Tax Overview for 1040 Bedford Avenue, Brooklyn

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

Purchase date 03/11/2014
Purchase price $1,400,000
Tax class
Estimated property tax $30,749

Lot & Building Information for 1040 Bedford Avenue, Brooklyn

Lot sqft 1,380
Lot dimensions 20 ft x 69 ft
Building class Stand Alone Food Establishment (K5)
Building sqft 1,300
Building dimensions 20 ft x 65 ft
Buildings on lot 1
Stories 1
Year built 1978
Year last altered 2007
Construction type
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Zoning & Use for 1040 Bedford Avenue, Brooklyn

Zoning
Commercial units 1
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 3
Closest police station 0.26 Miles
Closest fire station 0.35 Miles

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

Other Property Data for 1040 Bedford Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 1040 Bedford Avenue, Brooklyn, NY 11205, 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 1040 Bedford Avenue, Brooklyn, NY 11205, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 498 Lafayette Ave, Brooklyn, NY 11205

About 1040 Bedford Avenue, Brooklyn

How many sq. ft. does 1040 Bedford Avenue, Brooklyn, NY 11205 have & what is the price per sq. ft?

This Stand Alone Food Establishment (K5) located at 1040 Bedford Avenue, Brooklyn, NY 11205 has a total of 1,300 square feet and a current price per square foot of $1,076.

What is the year built & the current market value of 1040 Bedford Avenue, Brooklyn, NY 11205?

1040 Bedford Avenue, Brooklyn, NY 11205 was built in 1978 and has a current tax assessor's market value of $663,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 1040 Bedford Avenue, Brooklyn

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Property owner name for 1040 Bedford Avenue, Brooklyn, NY 11205
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Building contacts for 1040 Bedford Avenue, Brooklyn, NY 11205
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 1040 Bedford Avenue, Brooklyn

Create a free account to view the complete sales history for 1040 Bedford Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/11/2014 $1,400,000
12/29/2003 $119,011
       
       
       
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Title Documents for 1040 Bedford Avenue, 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
10/01/2021 - D
03/31/2022 - R
Agreement
(2022032500309001)
07/05/2016 - R Initial UCC1
(2016062700061004)
06/22/2016 - D
07/05/2016 - R
Assignment of Leases and Rents
(2016062700061003)
06/22/2016 - D
07/05/2016 - R
Agreement
(2016062700061002)
06/22/2016 - D
07/05/2016 - R
Mortgage
(2016062700061001)
04/04/2014 - R Initial UCC1
(2014031700061005)
03/11/2014 - D
04/04/2014 - R
Assignment of Leases and Rents
(2014031700061004)
03/11/2014 - D
04/04/2014 - R
Agreement
(2014031700061003)
03/11/2014 - D
04/04/2014 - R
Mortgage
(2014031700061002)
03/11/2014 - D
03/18/2014 - R
Deed
(2014031300666001)
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R: Recorded date
D: Document date

Property Taxes for 1040 Bedford Avenue, Brooklyn

Access detailed property tax data for 1040 Bedford Avenue, Brooklyn, NY 11205. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $30,617
Estimated property tax: $30,749
Tax assessor's market value: $663,000
Assessed value: $298,350

Assessment History for 1040 Bedford Avenue, Brooklyn

Here's the assessment & property tax history for 1040 Bedford Avenue, 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 $663,000 $298,350 $282,240 10.848% $30,617 $30,617 -1.09%
2024/25 $705,000 $317,250 $287,640 10.762% $30,956 $30,956 +9.89%
2023/24 $591,000 $265,950 $265,950 10.592% $28,169 $28,169 -3.92%
2022/23 $612,000 $275,400 $275,400 10.646% $29,319 $29,319 +7.22%
2021/22 $565,000 $254,250 $254,250 10.755% $27,345 $27,345 -11.46%

Permits for 1040 Bedford Avenue, Brooklyn

The complete history of permits filed for 1040 Bedford Avenue, 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.

Filing date Job type Job status Job description Initial cost
02/01/2016 Alteration type 2
11/03/2014 Alteration type 2
04/30/2007 Alteration type 2
01/31/2007 Alteration type 2
09/17/2004 Alteration type 1
05/30/2001 Alteration type 2
08/17/1993 Sign
09/19/1991 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Bedford Ave & Lafayette Ave at SW Corner
Station lines G
Distance (miles) 0.003
View subway map
Bus Routes
Name Bedford Av/Lafayette Av
Line B44+
Distance (miles) 0.019

Neighbors for 1040 Bedford Avenue, Brooklyn

Here are the neighbors for 1040 Bedford Avenue, Brooklyn, NY 11205.

Address Square feet Purchase date Purchase price
1058 Bedford Ave, Brooklyn 6,480 01/11/2011 $400,000
1044 Bedford Ave, Brooklyn 16,335 10/30/2015 $5,260,000
1050 Bedford Ave, Brooklyn 5,162 01/05/2016
1052 Bedford Ave, Brooklyn 2,450 01/16/2020
1056 Bedford Ave, Brooklyn 9,344 03/24/2011 $700,000
203 Clifton Pl, Brooklyn 14,400 06/02/1999
480 Lafayette Ave, Brooklyn 2,520 06/30/2015 $6,806,210
468 Lafayette Ave, Brooklyn 2,500 03/14/2002
201 Clifton Pl, Brooklyn 2,477 02/10/2011 $975,000
486 Lafayette Ave, Brooklyn 1,980 11/09/2022 $1,750,000
470 Lafayette Ave, Brooklyn 5,514 08/09/2017 $1,350,000
472 Lafayette Ave, Brooklyn 6,668 10/20/2014
1054 Bedford Ave, Brooklyn 2,520 02/06/2018 $1,995,000
197 Clifton Pl, Brooklyn 8,730 07/30/2018 $5,250,000
488 Lafayette Ave, Brooklyn 2,160 10/03/2001
1048 Bedford Ave, Brooklyn 4,773 10/19/2004
474 Lafayette Ave, Brooklyn 6,668 05/30/2013 $1,400,000
482 Lafayette Ave, Brooklyn 2,720 08/03/2023
476 Lafayette Ave, Brooklyn 2,288 02/07/2024 $1,900,000
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