New York City » 11203 » E 40th St » 3 E 40th St

3 East 40th Street, Brooklyn, NY 11203 - Property report

Also known as: 3 Garage E 40th St

Property image for 3 East 40th Street, Brooklyn, NY 11203

Property type

Two Family Brick (B1)

Year built

1925

Lot sq. ft.

2,000

Sale price

$950,000

General information

Address

Primary address

3 East 40th Street

Alternate address(es)

3 Garage E 40th St
576-586 Clarkson Ave

ZIP code

11203

Neighborhood

East Flatbush

Borough

Brooklyn

Block & lot

04845-0001

Building

Property type

Two Family Brick (B1)

Building sq. ft.

2,652

Building dimensions

20 ft x 38 ft

Buildings on lot

Stories

Year built

1925

Last altered

2016

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Garage type

Detached, Frame Garage

Sales

Sale date

11/20/2019

Sale price

$950,000

Tax

Tax year

2026-2027

Property tax

$9,051

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

Frontage(s)

Clarkson Avenue (wide)
East 40 Street (narrow)

Distance to wide street

Lot dimensions

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

75 /100. Very Walkable

Transit score

90 /100. Rider's Paradise

Bike score

57 /100. Bikeable

School district

Community district

Closest police station

0.68 Miles

Closest fire station

0.69 Miles

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

Ownership

Ownership information for 3 East 40th Street, 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 3 East 40th Street, Brooklyn, NY 11203

Sale date	Sale price	Buyer name	Seller name
11/20/2019	$950,000	XXXXXXX, XXXXXXX XXX XXXXXXX, XXXXX	XXXX XXXXXXXXXX XXX
10/07/2016	$420,000	XXXX XXXXXXXXXX XXX.	XXXXXX XXXXXX, XX XXXX XXXX XXX XXXXXXXX X XXXXXX XXX XXXXXXX XXXXXXXX XX XXXX XXXX XXX XXXXXXXXX X XXXXXXXX XXX XXXX XXXXXX, XX XXXX XXXX XXX XXXXX X XXXXXX XXX XXXXXXX XXXXXXXX XX XXXX XXXX XXX XXXX XXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/03/2019 - R 11/20/2019 - D	Mortgage (2019112600894002)	XXXXXXX XXXXXXX	XXXX
12/03/2019 - R 11/20/2019 - D	Deed (2019112600894001)	XXXX XXXXXXXXXX XXX	XXXXXXX XXXXXXX
04/16/2019 - R	Initial UCC1 (2019041500364001)	XXXX XXXXXXXXXX XXX	XXXXXXX XXXXXXX X
11/01/2016 - R 10/07/2016 - D	Deed (2016101901319005)	XXXXXX XXXXXX XX XXXX XXXX	XXXX XXXXXXXXXX XXX
11/01/2016 - R 08/08/2016 - D	Power of Attorney (2016101901319001)	XXXXXXXX XXXXXXX	XXXXX XXXX XXXXX
11/01/2016 - R 07/21/2016 - D	Power of Attorney (2016101901319002)	XXXXXXXX XXXXXXX	XXXXX XXXX XXXXX
11/01/2016 - R 03/21/2016 - D	Power of Attorney (2016101901319004)	XXXXXX XXXX	XXXXX XXXX XXXXX
11/01/2016 - R 03/15/2016 - D	Power of Attorney (2016101901319003)	XXXXXX XXXXXX	XXXXX XXXX XXXXX
09/18/2006 - R 08/15/2006 - D	Deed (2006081701070001)	XXXXXX XXXXXX X	XXXXXX XXXXXX X
01/20/2006 - R 12/03/2003 - D	Deed (2005091201216001)	XXXXXXXX XX XXXXXXXXXXXXX XXXXXXX	XXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 3 East 40th Street, 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

$9,051

Municipal exemptions

Recent tax assessments

Market value

$1,197,000

Assessed value

$71,820

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	$45,612	19.843%	$9,051	$9,051	+2.38%
2024/25	$1,085,000	$65,100	$44,017	20.085%	$8,841	$8,841	+6.00%
2023/24	$1,221,000	$73,260	$41,525	20.085%	$8,340	$8,340	+3.40%
2022/23	$992,000	$59,520	$39,718	20.309%	$8,066	$8,066	+6.30%
2021/22	$928,000	$55,680	$38,010	19.963%	$7,588	$7,588	-5.14%
2020/21	$894,000	$53,640	$38,010	21.045%	$7,999	$7,999	+14.54%
2019/20	$814,000	$48,840	$32,993	21.167%	$6,984	$6,984	+25.27%
2018/19	$745,000	$44,700	$26,649	20.919%	$5,575	$5,575	+8.77%
2017/18	$698,000	$41,880	$25,143	20.385%	$5,125	$5,125	+8.09%
2016/17	$569,000	$34,140	$23,720	19.991%	$4,742	$4,742	+2.23%

Permits

Permit information for 3 East 40th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
09/22/2018	Alteration
07/19/2018	Alteration
01/21/2018	Alteration
07/31/2017	Alteration type 2
12/06/2016	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

East Flatbush, Farragut residential market stats

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

Median sale price

—

Median price/sq. ft.

—

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

Nostrand Ave & Winthrop St at NE Corner

Station lines

2-5

Distance (miles)

0.52

View subway map

Access the detailed traffic volume map for 3 East 40th Street, Brooklyn, NY 11203 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. 235 Janice Marie Knight School	7	Yes	Public	PK, K-8	952	0.06
P.S. 235 Janice Marie Knight School	7	Yes	Public	PK, K-8	952	0.06
League School	NR	No	Private	K-9	113	0.27
Bryans Educational Center	NR	No	Private	PK-K	66	0.33
Bryans Educational Center	NR	No	Private	PK-K	66	0.33
Battalion Christian Academy	NR	No	Private	PK-5	174	0.36
Battalion Christian Academy	NR	No	Private	PK-5	174	0.36
P.S. 397 Foster Laurie	6	No	Public	PK, K-5	165	0.38
P.S. 397 Foster Laurie	6	No	Public	PK, K-5	165	0.38
P.S. 91 The Albany Avenue School	5	No	Public	PK, K-5	161	0.41

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Middle School of Media Law and Fine Arts (The)	4	Yes	Public	6-8	180	0.64
P.S. 235 Janice Marie Knight School	7	No	Public	PK, K-8	952	0.06
League School	NR	No	Private	K-9	113	0.27
High School for Public Service-Heroes of Tomorrow	5	No	Public	8-12	452	0.29
Darchai Menachem School-Boys	NR	No	Private	3-12	106	0.40
Excelsior Elementary School	NR	No	Private	6-12	131	0.41
Achievement First Crown Heights Charter School	6	No	Charter	K-12	1,339	0.47
New Heights Middle School	5	No	Public	6-8	248	0.47
Bnos Menachem	NR	No	Private	PK-12	583	0.47
Beth Rivkah Elementary School	NR	No	Private	K-8	1,156	0.54

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
School For Human Rights	2	No	Public	9-12	184	0.29
High School for Public Service-Heroes of Tomorrow	5	No	Public	8-12	452	0.29
Brooklyn Institute for Liberal Arts	5	No	Public	9-12	479	0.29
Bnos Chomesh	NR	No	Private	10-12	37	0.39
Bnos Chomesh Academy	NR	No	Private	10-12	39	0.39
Bnos Chomesh Academy	NR	No	Private	10-12	39	0.39
Darchai Menachem School-Boys	NR	No	Private	3-12	106	0.40
Excelsior Elementary School	NR	No	Private	6-12	131	0.41
Achievement First Crown Heights Charter School	6	No	Charter	K-12	1,339	0.47
P.S. 141	NR	No	Public	PK, K-10, 12	385	0.58

Frequently asked questions

What is the year built for 3 East 40th Street, Brooklyn, NY 11203?

The development at 3 East 40th Street, Brooklyn, NY 11203 was built in 1925.

What is the total square footage of 3 East 40th Street, Brooklyn, NY 11203?

3 East 40th Street, Brooklyn, NY 11203 has a total of 2,652 square feet.

When was 3 East 40th Street, Brooklyn, NY 11203 last sold and what was the sale price?

3 East 40th Street, Brooklyn, NY 11203 was last sold on 11/20/2019 for $950,000.

What is the assessed value of 3 East 40th Street, Brooklyn, NY 11203?

3 East 40th Street, Brooklyn, NY 11203 is currently assessed at $71,820.

What are the property taxes for 3 East 40th Street, Brooklyn, NY 11203?

The property taxes for 3 East 40th Street, Brooklyn, NY 11203 total $9,050.

How many residential units does this building have?

This building has 2 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.