New York City  »  11203  »  E 40th St  »  50 E 40th St

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

Also known as: 50 E 40th St

Property image for 50 East 40th Street, Brooklyn, NY 11203
static Mapbox map

Property type

Professional Buildings/Stand Alone Funeral Homes (O7)

Year built

1950

Lot sq. ft.

2,300

General information

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Address
Primary address
50 East 40th Street
Alternate address(es)
542 Lenox Rd
ZIP code
11203
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
04860-0008

Owner

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Building
Property type
Professional Buildings/Stand Alone Funeral Homes (O7)
Building sq. ft.
2,070
Building dimensions
23 ft x 45 ft
Buildings on lot
1
Stories
1
Year built
1950
Building material
Tax
Tax year
2026-2027
Property tax
$13,522
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
23 ft x 100 ft
Lot sq. ft.
2,300

Area overview

Walk score
80 /100.  Very Walkable
Transit score
88 /100.  Excellent Transit
Bike score
54 /100.  Bikeable
School district
18
Community district
17
Closest police station
0.75 Miles
Closest fire station
0.67 Miles

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

Ownership information for 50 East 40th Street, Brooklyn, NY

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

Sales history for 50 East 40th Street, Brooklyn, NY 11203

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/03/2013 - R
03/01/2013 - D
Satisfaction of Mortgage
(2013030400136001)
XXXXXX XX XXXXXX X XXXXXX XXXXXXX XXXXXX XXXXXXXXXXX
02/08/2000 - R Satisfaction of Mortgage
(3040007060404)
11/30/1998 - R Mortgage
(3700006352370)
XXXXXX XXXXXX X XXXXX XXXXXXXXX XXXXXXXXXXX
01/11/1990 - R Satisfaction of Mortgage
(3550001510355)
XXXXXXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXX
10/06/1989 - R Mortgage
(3060001488306)
XXXXXX XXXXXX X XXXXXXXXXX XXXX XXXXXX
10/06/1989 - R Deed
(3050001488305)
XXXXXXXXXX XXXXXXX XXXXXX XXXXXX X
05/30/1989 - R Vacate Order
(3790001457179)
XXXX XX XXX XXXX XXXXXX XXXXX
10/14/1988 - D
10/14/1988 - R
Deed
(3450001403545)
XXXXXXXXXXXX XX XXXXXXX XXXX XX XXX XXXX
01/04/1978 - R Assignment, Mortgage
(37830096800136)
XXXXXXXX XXXXXXX XXXX XXXXXX XXXXXXX XXXX
09/07/1977 - R Mortgage
(37730094300971)
XXXXXXXX XXXXXX XXXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 50 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
$13,522
Municipal exemptions
Recent tax assessments
Market value
$277,000
Assessed value
$124,650

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 $298,000 $134,100 $124,200 10.848% $13,473 $13,473 -0.57%
2024/25 $301,000 $135,450 $125,910 10.762% $13,550 $13,550 +2.26%
2023/24 $278,000 $125,100 $125,100 10.592% $13,251 $13,251 +6.38%
2022/23 $260,000 $117,000 $117,000 10.646% $12,456 $12,456 +5.91%
2021/22 $243,000 $109,350 $109,350 10.755% $11,761 $11,761 -17.77%
2020/21 $317,000 $142,650 $133,740 10.694% $14,302 $14,302 +8.27%
2019/20 $303,000 $136,350 $125,370 10.537% $13,210 $13,210 +7.55%
2018/19 $296,000 $133,200 $116,820 10.514% $12,282 $12,282 +7.58%
2017/18 $290,000 $130,500 $108,586 10.514% $11,417 $11,417 +7.84%
2016/17 $280,000 $126,000 $100,124 10.574% $10,587 $10,587 +7.33%

Permit information for 50 East 40th Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Nostrand Ave & Parkside Ave at SW Corner
Station lines
2-5
Distance (miles)
0.52

Access the detailed traffic volume map for 50 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

Frequently asked questions

What is the year built for 50 East 40th Street, Brooklyn, NY 11203?

The development at 50 East 40th Street, Brooklyn, NY 11203 was built in 1950.

What is the market value of 50 East 40th Street, Brooklyn, NY 11203?

The current market value of 50 East 40th Street, Brooklyn, NY 11203 is $277,000.

What is the total square footage of 50 East 40th Street, Brooklyn, NY 11203?

50 East 40th Street, Brooklyn, NY 11203 has a total of 2,070 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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