| Primary address | 554 East 40th Street |
| Neighborhood | East Flatbush |
| Zip code | 11203 |
| Borough | Brooklyn |
| Block & lot | 04956-0035 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 05/28/2020 |
| Purchase price | $610,000 |
| Tax class | Register |
| Lot sq. ft. | 2,000 |
| Lot dimensions | |
| Property type | Miscellaneous One Family (A9)
|
| Building sqft | 1,280 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 2 |
| Structure type | Old style |
| Building material | Frame |
| Exterior wall | Composition |
| Basement type | Full |
| Year built | 1920 |
| Frontage | East 40 Street (narrow) |
| Nearest wide street | Avenue D |
| Distance to wide street | Register |
| School district | 22 |
| Community district | 17 |
| Closest police station | 0.97 Miles |
| Closest fire station | 0.69 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
554 East 40th Street, Brooklyn, NY 11203 was built in 1920 and has a total of 1,280 square feet.
What is the assessed value of 554 East 40th Street, Brooklyn, NY 11203 and the property tax paid?Assessed at $44,460, the tax amount paid for 554 East 40th Street, Brooklyn, NY 11203 is $6,460.
When was 554 East 40th Street, Brooklyn, NY 11203 last sold and what was the last sale price?554 East 40th Street, Brooklyn, NY 11203 was last sold in 05/28/2020 for $610,000.
How many residential units does this building have?This building has 1 residential unit(s).
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 554 East 40th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 554 East 40th Street, Brooklyn, NY 11203. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $6,460 |
| Tax assessor's market value: | $741,000 |
| Assessed value: | $44,460 |
Here's the assessment & property tax history for 554 East 40th Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $681,000 | $40,860 | $31,452 | 19.843% | $6,241 | $6,241 | +4.72% |
| 2024/25 | $700,000 | $42,000 | $29,672 | 20.085% | $5,960 | $5,960 | +5.99% |
| 2023/24 | $708,000 | $42,480 | $27,994 | 20.085% | $5,623 | $5,623 | -1.10% |
| 2022/23 | $638,000 | $38,280 | $27,994 | 20.309% | $5,685 | $5,685 | +4.97% |
| 2021/22 | $620,000 | $37,200 | $27,130 | 19.963% | $5,416 | $5,416 | +3.77% |
The complete history of permits filed for 554 East 40th Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of East Flatbush so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in East Flatbush and compare it to other neighborhoods in Brooklyn.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Nostrand Ave & Newkirk Ave at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 2-5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.488 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance (miles) |
|---|---|---|---|---|---|---|
| P.S. 198 | 5 | Yes | Public | PK, K-5 | 293 | 0.35 |
| P.S. 198 | 5 | Yes | Public | PK, K-5 | 293 | 0.35 |
| St. Therese of Lisieux School | NR | No | Private | PK, K-8 | 0 | 0.23 |
| St. Therese of Lisieux School | NR | No | Private | PK, K-8 | 0 | 0.23 |
| St Catherine Genoa-St Therese Lisieu | NR | No | Private | PK-8 | 199 | 0.26 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance (miles) |
|---|---|---|---|---|---|---|
| St. Therese of Lisieux School | NR | No | Private | PK, K-8 | 0 | 0.23 |
| St Catherine Genoa-St Therese Lisieu | NR | No | Private | PK-8 | 199 | 0.26 |
| P.S. 109 | 4 | No | Public | PK, K-8 | 520 | 0.53 |
| P.S. 181 | 5 | No | Public | PK, K-8 | 554 | 0.54 |
| Central Brooklyn Ascend Charter | 8 | No | Charter | K-8 | 778 | 0.55 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance (miles) |
|---|---|---|---|---|---|---|
| Cristo Rey Brooklyn High School | NR | No | Private | 9-12 | 297 | 0.23 |
| Cristo Rey Brooklyn High School | NR | No | Private | 9-12 | 302 | 0.23 |
| Catherine Mc Auley High School | NR | No | Private | 9-12 | 185 | 0.24 |
| New Vistas Academy | NR | No | Private | K-12 | 66 | 0.59 |
| New Vistas Academy | NR | No | Private | 1-12 | 0 | 0.62 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 554 East 40th Street, Brooklyn, NY 11203.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 558 E 40th St, Brooklyn | 1,568 | 05/20/2026 | |
| 3905 Avenue D, Brooklyn | 2,040 | 08/27/1976 | |
| 530 E 40th St, Brooklyn | 1,280 | 04/17/2026 | $725,000 |
| 548 E 40th St, Brooklyn | 1,280 | 01/14/1999 | |
| 544 E 40th St, Brooklyn | 1,280 | 03/31/2025 | $10 |
| 536 E 40th St, Brooklyn | 1,280 | 09/26/1979 | |
| 3923 Avenue D, Brooklyn | 2,760 | 09/22/2003 | $435,000 |
| 3919 Avenue D, Brooklyn | 3,212 | 07/09/2003 | $384,000 |
| 3911 Avenue D, Brooklyn | 12/11/2001 | ||
| 546 E 40th St, Brooklyn | 1,280 | 12/11/1985 | |
| 542 E 40th St, Brooklyn | 1,280 | 01/10/1984 | |
| 3907 Avenue D, Brooklyn | 2,040 | 08/04/2007 | |
| 540 E 40th St, Brooklyn | 1,280 | 07/06/2004 | |
| 556 E 40th St, Brooklyn | 1,280 | 02/27/2017 | |
| 560 E 40th St, Brooklyn | 1,280 | 03/23/1982 | |
| 3917 Avenue D, Brooklyn | 3,212 | 04/21/2023 | |
| 3909 Avenue D, Brooklyn | 2,040 | 12/11/2001 | |
| 534 E 40th St, Brooklyn | 1,280 | 08/07/2006 | |
| 550 E 40th St, Brooklyn | 1,280 | 09/25/2024 | $730,000 |
| 538 E 40th St, Brooklyn | 1,280 | 08/13/2025 | $740,000 |
