New York City  »  11203  »  E 40th St  »  450 E 40th St

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

Also known as: 450 E 40th St

Property image for 450 East 40th Street, Brooklyn, NY 11203
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Property type

One Story - Permanent Living Quarter (A2)

Year built

1945

Lot sq. ft.

2,091

General information

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Address
Primary address
450 East 40th Street
Alternate address(es)
3924 Cortelyou Rd
ZIP code
11203
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
04939-0003

Owner

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Building
Property type
One Story - Permanent Living Quarter (A2)
Building sq. ft.
1,219
Building dimensions
21.5 ft x 44 ft
Buildings on lot
1
Stories
2
Year built
1945
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Basement Garage
Tax
Tax year
2026-2027
Property tax
$7,205
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Cortelyou Road (narrow)
East 40 Street (narrow)
Nearest wide street
Clarendon Road
Distance to wide street
Lot dimensions
23.08 ft x 90.58 ft
Lot sq. ft.
2,091

Area overview

Walk score
69 /100.  Somewhat Walkable
Transit score
87 /100.  Excellent Transit
Bike score
62 /100.  Bikeable
School district
17
Community district
17
Closest police station
1.15 Miles
Closest fire station
0.67 Miles

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

Ownership

Ownership information for 450 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 450 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
09/12/2014 - R
08/29/2014 - D		 Deed
(2014082801051001)		 XXXXXXX XXXXX X XXXXXXX XXXXX X
08/03/2001 - R Satisfaction of Mortgage
(3470007764047)		 XXXXXXX XXXXX XXXXXXXX XX
05/14/1984 - R Mortgage
(3220001018322)		 XXXXXXX XXXXX X XXXXXXXX X X
01/04/1978 - R Assignment, Mortgage
(37830096800138)		 XXXXXXXX XXXXXXX XXXX XXXXXX XXX XXXX
09/06/1977 - R Mortgage
(37730094300156)		 XXXXXXX XXXXX X XXXXXXXX XXXXXXX XXXX
09/06/1977 - R Deed
(37730094300154)		 XXXXXXXXXX XXXXXX XXXXXXX XXXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 450 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
$7,205
Municipal exemptions
Recent tax assessments
Market value
$629,000
Assessed value
$37,740

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 $674,000 $40,440 $34,666 19.843% $6,879 $6,879 +4.72%
2024/25 $695,000 $41,700 $32,704 20.085% $6,569 $6,569 +6.00%
2023/24 $682,000 $40,920 $30,854 20.085% $6,197 $6,197 -1.10%
2022/23 $613,000 $36,780 $30,854 20.309% $6,266 $6,266 +3.74%
2021/22 $569,000 $34,140 $30,257 19.963% $6,040 $6,040 -0.65%
2020/21 $596,000 $35,760 $28,888 21.045% $6,079 $6,079 +5.39%
2019/20 $581,000 $34,860 $27,253 21.167% $5,769 $5,769 +7.25%
2018/19 $498,000 $29,880 $25,712 20.919% $5,379 $5,379 +2.62%
2017/18 $454,000 $27,240 $25,712 20.385% $5,241 $5,241 +184.15%
2016/17 $442,000 $26,520 $9,227 19.991% $5,041 $1,845 +9.74%
Permits

Permit information for 450 East 40th Street, Brooklyn, NY

No recently recorded permits for this property.

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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

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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 & Beverly Rd at SE Corner
Station lines
2-5
Distance (miles)
0.478
View subway map

Access the detailed traffic volume map for 450 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. 181 5 Yes Public PK, K-8 554 0.41
P.S. 181 5 Yes Public PK, K-8 554 0.41
Phyl's Academy Prep NR No Private PK-5 180 0.26
Phyl's Academy Prep NR No Private PK-5 180 0.26
St. Therese of Lisieux School NR No Private PK, K-8 0 0.31
St. Therese of Lisieux School NR No Private PK, K-8 0 0.31
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.35
P.S. 208 Elsa Ebeling 7 No Public PK, K-5 266 0.49
P.S. 208 Elsa Ebeling 7 No Public PK, K-5 266 0.49
P.S. 198 5 No Public PK, K-5 293 0.52
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Ms 246 Walt Whitman 3 Yes Public 6-8 308 0.77
St. Therese of Lisieux School NR No Private PK, K-8 0 0.31
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.35
P.S. 181 5 No Public PK, K-8 554 0.41
Excelsior Elementary School NR No Private 6-12 131 0.50
Learning Dynamics Academy NR No Private PK, K-7 0 0.56
Central Brooklyn Ascend Charter 8 No Charter K-8 778 0.63
St. Jerome School NR No Private PK, K-8 302 0.63
P.S. 109 4 No Public PK, K-8 520 0.69
P.S. 235 Janice Marie Knight School 7 No Public PK, K-8 952 0.72
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Cristo Rey Brooklyn High School NR No Private 9-12 297 0.39
Cristo Rey Brooklyn High School NR No Private 9-12 302 0.39
Catherine Mc Auley High School NR No Private 9-12 185 0.40
Excelsior Elementary School NR No Private 6-12 131 0.50
New Vistas Academy NR No Private K-12 66 0.75
Kurt Hahn Expeditionary Learning School 1 No Public 9-12 152 0.91
Cultural Academy For The Arts And Sciences 3 No Public 9-12 232 0.91
It Takes A Village Academy 3 No Public 9-12 308 0.91
High School For Service And Learning At Erasmus 2 No Public 9-12 234 1.00
Science Tech And Research High School At Erasmus 8 No Public 6-12 610 1.00

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

Neighbors for 450 East 40th Street, Brooklyn, NY

470 E 40th St, Brooklyn 469 E 38th St, Brooklyn 3917 Clarendon Rd, Brooklyn 465 E 38th St, Brooklyn 454 E 40th St, Brooklyn 460 E 40th St, Brooklyn 3923 Clarendon Rd, Brooklyn 453 E 38th St, Brooklyn 455 E 38th St, Brooklyn 462 E 40th St, Brooklyn 451 E 38th St, Brooklyn 3805 Clarendon Rd, Brooklyn 456 E 40th St, Brooklyn 464 E 40th St, Brooklyn 3807 Clarendon Rd, Brooklyn 458 E 40th St, Brooklyn 3919 Clarendon Rd, Brooklyn 3811 Clarendon Rd, Brooklyn 3801 Clarendon Rd, Brooklyn 3803 Clarendon Rd, Brooklyn

Nearby ZIP codes for 450 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 450 East 40th Street, Brooklyn, NY 11203?

The development at 450 East 40th Street, Brooklyn, NY 11203 was built in 1945.

What is the total square footage of 450 East 40th Street, Brooklyn, NY 11203?

450 East 40th Street, Brooklyn, NY 11203 has a total of 1,219 square feet.

What is the assessed value of 450 East 40th Street, Brooklyn, NY 11203?

450 East 40th Street, Brooklyn, NY 11203 is currently assessed at $37,740.

What are the property taxes for 450 East 40th Street, Brooklyn, NY 11203?

The property taxes for 450 East 40th Street, Brooklyn, NY 11203 total $7,204.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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