New York City » 11218 » 40th St » 1335 40th St

1335 40th Street #1, Brooklyn, NY 11218 - Property report

Also known as: 1335 40th St #1

Property image for 1335 40th Street #1, Brooklyn, NY 11218

Property type

Condo - Residential Unit in 2-10 Unit Building (R1)

Year built

1931

Lot sq. ft.

2,565

General information

Address

Primary address

1335 40th Street #1

ZIP code

11218

Neighborhood

Borough Park

Borough

Brooklyn

Block & lot

05298-1001

Building

Property type

Condo - Residential Unit in 2-10 Unit Building (R1)

Unit sq. ft.

1,314

Buildings on lot

Stories

Year built

1931

Last altered

2005

Basement

Tax

Tax year

2026-2027

Property tax

$10,503

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Distance to wide street

Lot sq. ft.

2,565

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

93 /100. Rider's Paradise

Bike score

67 /100. Bikeable

School district

Community district

Closest police station

0.89 Miles

Closest fire station

0.24 Miles

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

Ownership

Ownership information for 1335 40th Street #1, 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 1335 40th Street #1, Brooklyn, NY 11218

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/15/2025 - R 08/28/2025 - D	Mortgage (2025090901062001)	XXXXX XXXXXX X	XXXX
04/22/2022 - R 04/13/2022 - D	Satisfaction of Mortgage (2022041200857001)	XXXXX XXXXXX X	XXXXXXXX XXXXX XXXX X X
12/21/2021 - R 11/23/2021 - D	Mortgage (2021120200224001)	XXXXX XXXXXX X	XXXX XXXXX XXXXXXXXX XXXXXXXXXXX
02/10/2020 - R 01/08/2020 - D	Agreement (2020020400489006)	XXXXX XXXXXX X	XXXX
02/10/2020 - R 01/08/2020 - D	Mortgage (2020020400489005)	XXXXX XXXXXX X	XXXX
02/10/2020 - R 01/03/2020 - D	Assignment, Mortgage (2020020400489004)	XXXXXXXX XXXXXXX XXX	XXXX
02/10/2020 - R 01/03/2020 - D	Assignment, Mortgage (2020020400489002)	XXXXXXXX XXXXXXX XXX	XXXX
02/10/2020 - R 12/24/2019 - D	Assignment, Mortgage (2020020400489003)	XXXXXXXX XXXXX XXXX X X	XXXXXXXX XXXXXXX XXX
02/10/2020 - R 12/24/2019 - D	Assignment, Mortgage (2020020400489001)	XXXXXXXX XXXXX XXXX X X	XXXXXXXX XXXXXXX XXX
02/16/2016 - R 01/25/2016 - D	Agreement (2016020801821002)	XXXXX XXXXXX X	XX XXXXXX XXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1335 40th Street #1, 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

$10,503

Municipal exemptions

Recent tax assessments

Market value

$745,999

Assessed value

$335,700

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	$621,666	$279,750	$94,767	12.439%	$11,788	$9,715	+2.05%
2024/25	$518,000	$233,100	$92,320	12.5%	$11,540	$9,520	+4.23%
2023/24	$431,666	$194,250	$88,205	12.502%	$11,027	$9,134	-12.43%
2022/23	$424,333	$190,950	$85,025	12.267%	$10,430	$10,430	+8.29%
2021/22	$387,666	$174,450	$78,728	12.235%	$9,632	$9,632	+7.71%
2020/21	$425,000	$191,250	$72,898	12.267%	$8,942	$8,942	+0.96%
2019/20	$404,000	$181,800	$71,015	12.473%	$8,858	$8,858	+3.51%
2018/19	$430,666	$193,800	$67,850	12.612%	$8,557	$8,557	+2.87%
2017/18	$372,333	$167,550	$65,404	12.719%	$8,319	$8,319	+6.55%
2016/17	$337,666	$151,950	$60,560	12.892%	$7,807	$7,807	+8.07%

Permits

Permit information for 1335 40th Street #1, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

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

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

McDonald Ave & Church Ave at SW Corner

Station lines

Distance (miles)

0.383

View subway map

Access the detailed traffic volume map for 1335 40th Street #1, Brooklyn, NY 11218 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)
Talmud Torah Ohel Yochanan School	NR	No	Private	PK-8	791	0.09
Talmud Torah Ohel Yochanan School	NR	No	Private	PK-8	791	0.09
Talmud Torah Ohel Yochanan	NR	No	Private	PK-8	837	0.09
Talmud Torah Ohel Yochanan	NR	No	Private	PK-8	837	0.09
Bnos Yaakov Educational Center	NR	No	Private	PK, K-12	0	0.09

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Talmud Torah Ohel Yochanan School	NR	No	Private	PK-8	791	0.09
Talmud Torah Ohel Yochanan	NR	No	Private	PK-8	837	0.09
Bnos Yaakov Educational Center	NR	No	Private	PK, K-12	0	0.09
Bnos Yakov of Boro Park	NR	No	Private	1-7	0	0.09
Yeshiva Beis Meir (Boys)	NR	No	Private	8-12	176	0.10

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Congregation Ymh	NR	No	Private	10-12	102	0.06
Bnos Yaakov Educational Center	NR	No	Private	PK, K-12	0	0.09
Yeshiva Beis Meir (Boys)	NR	No	Private	8-12	176	0.10
Yeshiva Tiferes	NR	No	Private	9-12	0	0.12
Bais Fruma	NR	No	Private	PK, K-12	366	0.13

Frequently asked questions

What is the year built for 1335 40th Street #1, Brooklyn, NY 11218?

The development at 1335 40th Street #1, Brooklyn, NY 11218 was built in 1931.

What is the total square footage of 1335 40th Street #1, Brooklyn, NY 11218?

1335 40th Street #1, Brooklyn, NY 11218 has a total of 1,314 square feet.

What is the assessed value of 1335 40th Street #1, Brooklyn, NY 11218?

1335 40th Street #1, Brooklyn, NY 11218 is currently assessed at $335,700.

What are the property taxes for 1335 40th Street #1, Brooklyn, NY 11218?

The property taxes for 1335 40th Street #1, Brooklyn, NY 11218 total $12,730.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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.