New York City  »  11203  »  E 40th St  »  87 E 40th St

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

Also known as: 87 E 40th St

Property image for 87 East 40th Street, Brooklyn, NY 11203
static Mapbox map

Property type

Two Family Frame (B2)

Year built

1925

Lot sq. ft.

2,000

General information

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Address
Primary address
87 East 40th Street
Alternate address(es)
87 Garage E 40th St
ZIP code
11203
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
04861-0040

Owner

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Building
Property type
Two Family Frame (B2)
Building sq. ft.
1,952
Building dimensions
16 ft x 61 ft
Buildings on lot
2
Stories
2
Year built
1925
Building material
Frame
Exterior wall
Stucco
Basement
4
Garage type
Detached, Frame Garage
Tax
Tax year
2026-2027
Property tax
$6,186
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 40 Street (narrow)
Nearest wide street
Albany Avenue
Distance to wide street
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
76 /100.  Very Walkable
Transit score
86 /100.  Excellent Transit
Bike score
53 /100.  Bikeable
School district
18
Community district
17
Closest police station
0.82 Miles
Closest fire station
0.61 Miles

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

Ownership information for 87 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 87 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
02/09/2022 - R
02/04/2022 - D
Assignment, Mortgage
(2022020401222001)
XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXX X XXXXXXXXXXX XXXXX
02/03/2022 - R
01/28/2022 - D
Assignment, Mortgage
(2022013100114001)
XXXXXXX XXXX XXXXXXXXX XXX XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX
01/23/2020 - R
01/20/2020 - D
Assignment, Mortgage
(2020012100601001)
XXXXXXXX XXXXX XXXX XXXXXXX XXXX XXXXXXXXX XXX
03/10/2016 - R
03/03/2016 - D
Deed
(2016030400079001)
XXXXXXX XX XXXXXXX XXXX XXXXXXX XXXX
06/21/2007 - R
06/07/2007 - D
Satisfaction of Mortgage
(2006042701277001)
XXXXXX XXXXXX X XXXXXXXX XX XXXXXXXX XXXX XX
05/11/2007 - R
04/25/2007 - D
Mortgage
(2007050801472001)
XXXXXX XXXXXX XXXXXXXX XXXXX XXXX
05/11/2007 - R
02/24/2007 - D
Agreement
(2007050801472002)
XXXXXX XXXXXX XXXXXXXX XXXXX XXXX
05/08/2006 - R
04/11/2006 - D
Mortgage
(2006041800921001)
XXXXXX XXXXXX XXXXXXXX XXXXX XXXX XX
09/21/2004 - R
09/02/2004 - D
Satisfaction of Mortgage
(2004090201845001)
XXXXXXXX XXXXXXXX X XXXXXXXX XX XXX XXXXXXX XX
02/01/2005 - R
08/18/2004 - D
Assignment, Mortgage
(2005011801995001)
XXXXXX XXXX XXXXX XXXXXXX XXX XXXXXXXXXXX XXXXXXXX XXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 87 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
$6,186
Municipal exemptions
Recent tax assessments
Market value
$824,000
Assessed value
$49,440

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 $946,000 $56,760 $29,413 19.843% $5,836 $5,836 +4.72%
2024/25 $783,000 $46,980 $27,749 20.085% $5,573 $5,573 +6.00%
2023/24 $837,000 $50,220 $26,179 20.085% $5,258 $5,258 -1.10%
2022/23 $739,000 $44,340 $26,179 20.309% $5,317 $5,317 +2.50%
2021/22 $755,000 $45,300 $25,981 19.963% $5,187 $5,187 +0.56%
2020/21 $662,000 $39,720 $24,511 21.045% $5,158 $5,158 +5.39%
2019/20 $732,000 $43,920 $23,124 21.167% $4,895 $4,895 +7.25%
2018/19 $688,000 $41,280 $21,816 20.919% $4,564 $4,564 +2.62%
2017/18 $642,000 $38,520 $21,816 20.385% $4,447 $4,447 +2.75%
2016/17 $545,000 $32,700 $21,651 19.991% $4,328 $4,328 +8.37%

Permit information for 87 East 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/07/2006 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
07/26/2017 I
07/19/2017 B
07/19/2017 A

*Most recent HPD violations on record for this property.

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

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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 & Church Ave at NE Corner
Station lines
2-5
Distance (miles)
0.533

Access the detailed traffic volume map for 87 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 0.09
P.S. 235 Janice Marie Knight School 7 Yes Public PK, K-8 952 0.09
Bryans Educational Center NR No Private PK-K 66 0.19
Bryans Educational Center NR No Private PK-K 66 0.19
Battalion Christian Academy NR No Private PK-5 174 0.32
Battalion Christian Academy NR No Private PK-5 174 0.32
P.S. 135 Sheldon A Brookner 5 No Public PK, K-5 308 0.37
P.S. 135 Sheldon A Brookner 5 No Public PK, K-5 308 0.37
Preschool Minds Day Care Center NR No Private K 0 0.38
P.S. 397 Foster Laurie 6 No Public PK, K-5 165 0.48
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 0.69
P.S. 235 Janice Marie Knight School 7 No Public PK, K-8 952 0.09
Excelsior Elementary School NR No Private 6-12 131 0.30
League School NR No Private K-9 113 0.42
High School for Public Service-Heroes of Tomorrow 5 No Public 8-12 452 0.42
P.S. 181 5 No Public PK, K-8 554 0.50
Darchai Menachem School-Boys NR No Private 3-12 106 0.52
New Heights Middle School 5 No Public 6-8 248 0.60
Achievement First Crown Heights Charter School 6 No Charter K-12 1,339 0.60
Bnos Menachem NR No Private PK-12 583 0.62
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Excelsior Elementary School NR No Private 6-12 131 0.30
Brooklyn Institute for Liberal Arts 5 No Public 9-12 479 0.42
School For Human Rights 2 No Public 9-12 184 0.42
High School for Public Service-Heroes of Tomorrow 5 No Public 8-12 452 0.42
Darchai Menachem School-Boys NR No Private 3-12 106 0.52
Bnos Chomesh Academy NR No Private 10-12 39 0.52
Bnos Chomesh Academy NR No Private 10-12 39 0.52
Bnos Chomesh NR No Private 10-12 37 0.52
Achievement First Crown Heights Charter School 6 No Charter K-12 1,339 0.60
P.S. 141 NR No Public PK, K-10, 12 385 0.62

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

Frequently asked questions

What is the year built for 87 East 40th Street, Brooklyn, NY 11203?

The development at 87 East 40th Street, Brooklyn, NY 11203 was built in 1925.

What is the total square footage of 87 East 40th Street, Brooklyn, NY 11203?

87 East 40th Street, Brooklyn, NY 11203 has a total of 1,952 square feet.

What is the assessed value of 87 East 40th Street, Brooklyn, NY 11203?

87 East 40th Street, Brooklyn, NY 11203 is currently assessed at $49,440.

What are the property taxes for 87 East 40th Street, Brooklyn, NY 11203?

The property taxes for 87 East 40th Street, Brooklyn, NY 11203 total $6,186.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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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.

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