New York City  »  11203  »  E 40th St  »  159 E 40th St

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

Also known as: 159 E 40th St

Property image for 159 East 40th Street, Brooklyn, NY 11203
static Mapbox map

Property type

Two Family Brick (B1)

Year built

1955

Lot sq. ft.

2,000

General information

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Address
Primary address
159 East 40th Street
ZIP code
11203
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
04877-0046

Owner

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Building
Property type
Two Family Brick (B1)
Building sq. ft.
2,838
Building dimensions
20 ft x 54.33 ft
Buildings on lot
1
Stories
2
Year built
1955
Building material
C Blck + Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Basement Garage
Tax
Tax year
2026-2027
Property tax
$7,636
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
88 /100.  Very Walkable
Transit score
88 /100.  Excellent Transit
Bike score
52 /100.  Bikeable
School district
18
Community district
17
Closest police station
0.94 Miles
Closest fire station
0.57 Miles

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

Ownership

Ownership information for 159 East 40th Street, Brooklyn, NY

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

Sales history for 159 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
04/01/2020 - R
03/03/2020 - D		 Mortgage and Consolidation
(2020040100007001)		 XXXXXX XXXXXXX XXXXXXXX XXXX XXXXXXXXXX XXXXXXXX XXX
05/11/2018 - R
03/28/2018 - D		 Court Order
(2018043001127001)		 XXX XXXXXX XXXXXXXX XXXXX XXXXXXXXX X X
07/14/2016 - R
06/15/2016 - D		 Assignment, Mortgage
(2016071200911001)		 XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXX XXXXXXXXX X X
05/07/2015 - R
04/16/2015 - D		 Assignment, Mortgage
(2015042300116001)		 XXX XXXX XXXXX XXXXXXXXX XX XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX
09/26/2011 - R
09/08/2011 - D		 Assignment, Mortgage
(2011091500329001)		 XXXXX XXXXXXXX XXXX XX XXXXXXX XXX XXXX XXXXX XXXXXXXXX XX
04/17/2006 - R
03/10/2006 - D		 Mortgage
(2006031401162002)		 XXXXXX XXXXXXX XXXX
04/17/2006 - R
03/10/2006 - D		 Deed
(2006031401162001)		 XXXXX XXXXX XXX XXXXXX XXXXXXX
05/06/2005 - R
01/18/2005 - D		 Deed
(2005012400494001)		 XXXXXX XXXXX XXXXX XXXXX XXX
08/27/2010 - R
07/01/2003 - D		 Satisfaction of Mortgage
(2010081601078001)		 XXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXXX XXXXXXX XXX
11/26/2002 - R Mortgage
(3760009003176)		 XXXXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 159 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
$7,636
Municipal exemptions
Recent tax assessments
Market value
$899,000
Assessed value
$53,940

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 $879,000 $52,740 $36,307 19.843% $7,204 $7,204 +4.72%
2024/25 $765,000 $45,900 $34,252 20.085% $6,880 $6,880 +6.00%
2023/24 $888,000 $53,280 $32,314 20.085% $6,490 $6,490 -1.10%
2022/23 $727,000 $43,620 $32,314 20.309% $6,563 $6,563 +2.51%
2021/22 $561,000 $33,660 $32,070 19.963% $6,402 $6,402 +0.54%
2020/21 $680,000 $40,800 $30,256 21.045% $6,367 $6,367 +5.39%
2019/20 $541,000 $32,460 $28,543 21.167% $6,042 $6,042 +7.25%
2018/19 $710,000 $42,600 $26,928 20.919% $5,633 $5,633 +2.62%
2017/18 $583,000 $34,980 $26,928 20.385% $5,489 $5,489 +2.75%
2016/17 $558,000 $33,480 $26,725 19.991% $5,343 $5,343 +8.37%
Permits

Permit information for 159 East 40th Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
11/24/2025 I
12/03/2024 I
11/28/2023 I

*Most recent HPD violations on record 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

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 SE Corner
Station lines
2-5
Distance (miles)
0.51
View subway map

Access the detailed traffic volume map for 159 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 0.22
P.S. 235 Janice Marie Knight School 7 Yes Public PK, K-8 952 0.22
Bryans Educational Center NR No Private PK-K 66 0.06
Bryans Educational Center NR No Private PK-K 66 0.06
Preschool Minds Day Care Center NR No Private K 0 0.34
Battalion Christian Academy NR No Private PK-5 174 0.34
Battalion Christian Academy NR No Private PK-5 174 0.34
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
P.S. 181 5 No Public PK, K-8 554 0.42
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 0.75
P.S. 235 Janice Marie Knight School 7 No Public PK, K-8 952 0.22
Excelsior Elementary School NR No Private 6-12 131 0.24
P.S. 181 5 No Public PK, K-8 554 0.42
High School for Public Service-Heroes of Tomorrow 5 No Public 8-12 452 0.55
League School NR No Private K-9 113 0.55
Learning Dynamics Academy NR No Private PK, K-7 0 0.57
Darchai Menachem School-Boys NR No Private 3-12 106 0.63
P.S. 141 NR No Public PK, K-10, 12 385 0.68
Explore Charter School 7 No Charter K-8 519 0.68
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Excelsior Elementary School NR No Private 6-12 131 0.24
School For Human Rights 2 No Public 9-12 184 0.55
High School for Public Service-Heroes of Tomorrow 5 No Public 8-12 452 0.55
Brooklyn Institute for Liberal Arts 5 No Public 9-12 479 0.55
Darchai Menachem School-Boys NR No Private 3-12 106 0.63
Bnos Chomesh Academy NR No Private 10-12 39 0.63
Bnos Chomesh NR No Private 10-12 37 0.63
Bnos Chomesh Academy NR No Private 10-12 39 0.63
P.S. 141 NR No Public PK, K-10, 12 385 0.68
Achievement First Crown Heights Charter School 6 No Charter K-12 1,339 0.73

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

Neighbors for 159 East 40th Street, Brooklyn, NY

135 E 40th St, Brooklyn 4013 Church Ave, Brooklyn 4021 Church Ave, Brooklyn 165 E 40th St, Brooklyn 167 E 40th St, Brooklyn 147 E 40th St, Brooklyn 4015 Church Ave, Brooklyn 4017 Church Ave, Brooklyn 155 E 40th St, Brooklyn 133 E 40th St, Brooklyn 4011 Church Ave, Brooklyn 157 E 40th St, Brooklyn 540 Linden Blvd, Brooklyn 163 E 40th St, Brooklyn 4003 Church Ave, Brooklyn 4009 Church Ave, Brooklyn 153 E 40th St, Brooklyn 137 E 40th St, Brooklyn 845 Albany Ave, Brooklyn 151 E 40th St, Brooklyn

Nearby ZIP codes for 159 East 40th Street, Brooklyn, NY

11206, New York City, NY 11207, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11229, New York City, NY 11230, New York City, NY 11233, New York City, NY 11234, New York City, NY 11236, New York City, NY 11237, New York City, NY 11238, New York City, NY 11239, New York City, NY

Frequently asked questions

What is the year built for 159 East 40th Street, Brooklyn, NY 11203?

The development at 159 East 40th Street, Brooklyn, NY 11203 was built in 1955.

What is the total square footage of 159 East 40th Street, Brooklyn, NY 11203?

159 East 40th Street, Brooklyn, NY 11203 has a total of 2,838 square feet.

What is the assessed value of 159 East 40th Street, Brooklyn, NY 11203?

159 East 40th Street, Brooklyn, NY 11203 is currently assessed at $53,940.

What are the property taxes for 159 East 40th Street, Brooklyn, NY 11203?

The property taxes for 159 East 40th Street, Brooklyn, NY 11203 total $7,636.

How many residential units does this building have?

This building has 2 residential unit(s).

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