New York City  »  11203  »  Albany Ave  »  1240 Albany Ave

1240 Albany Avenue, Brooklyn, NY 11203 Property Information

1240 Albany Avenue, Brooklyn, NY 11203 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1240 Albany Avenue, Brooklyn, NY 11203 1
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Address

Primary address 1240 Albany Avenue
Secondary address 1240-1242 Albany Ave
Neighborhood East Flatbush
Zip code 11203
Borough Brooklyn
Block & lot 04957-0017

Sales & Tax Overview for 1240 Albany Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $8,764

Lot & Building Information for 1240 Albany Avenue, Brooklyn

Lot sq. ft. 4,000
Lot dimensions 40 ft x 100 ft
Property type Two Family Converted from One Family (B3)
Building sqft 2,484
Building dimensions 26.33 ft x 53 ft
Buildings on lot 1
Stories 1
Structure type Ranch
Building material C block + brick
Exterior wall Brick/masonry
Basement type Full
Year built 1965
Frontage(s) Albany Avenue (wide)
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Zoning & Use for 1240 Albany Avenue, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
72 /100. Very Walkable
Transit Score
87 /100. Excellent Transit
Bike Score
63 /100. Bikeable

School district 18
Community district 17
Closest police station 1.04 Miles
Closest fire station 0.70 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 1240 Albany Avenue, Brooklyn

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Floor area ratio (FAR) for 1240 Albany Avenue, Brooklyn, NY 11203, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 1240 Albany Avenue, Brooklyn, NY 11203, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 1240-1242 Albany Ave, Brooklyn, NY 11203

About 1240 Albany Avenue, Brooklyn

What is the year built & the total sq. ft. for 1240 Albany Avenue, Brooklyn, NY 11203?

1240 Albany Avenue, Brooklyn, NY 11203 was built in 1965 and has a total of 2,484 square feet.

What is the assessed value of 1240 Albany Avenue, Brooklyn, NY 11203 and the property tax paid?

Assessed at $66,420, the tax amount paid for 1240 Albany Avenue, Brooklyn, NY 11203 is $8,764. For the next year, the tax amount for 1240 Albany Avenue, Brooklyn, NY 11203 is estimated at $8,764.

When was 1240 Albany Avenue, Brooklyn, NY 11203 last sold?

1240 Albany Avenue, Brooklyn, NY 11203 was last sold in 04/08/2024.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 1240 Albany Avenue, Brooklyn

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Property owner name for 1240 Albany Avenue, Brooklyn, NY 11203
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Building contacts for 1240 Albany Avenue, Brooklyn, NY 11203
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 1240 Albany Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 1240 Albany Avenue, Brooklyn

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.

Date Type Amount Party 1 Party 2 Doc image
04/08/2024 - D
04/09/2024 - R		 Deed
(2024040900212001)
06/16/1999 - R Satisfaction of Mortgage
(3170006666017)
10/22/1984 - R Satisfaction of Mortgage
(3390001047639)
08/10/1983 - R Satisfaction of Mortgage
(3120000972312)
03/28/1979 - R Deed
(37930106200645)
03/23/1979 - R Mortgage
(37930106101153)
03/22/1979 - R Mortgage
(37930106100249)
03/22/1979 - R Deed
(37930106100247)
03/19/1979 - R Release
(37930106000337)
03/16/1979 - R Mortgage
(37930105901808)
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R: Recorded date
D: Document date

Property Taxes for 1240 Albany Avenue, Brooklyn

Access detailed property tax data for 1240 Albany Avenue, Brooklyn, NY 11203. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $8,764
Estimated property tax: $8,764
Tax assessor's market value: $1,107,000
Assessed value: $66,420

More about New York City Property Taxes

Assessment History for 1240 Albany Avenue, Brooklyn

Here's the assessment & property tax history for 1240 Albany Avenue, 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 $1,107,000 $66,420 $44,167 19.843% $8,764 $8,764 +12.05%
2024/25 $939,000 $56,340 $38,942 20.085% $8,573 $7,822 +3.70%
2023/24 $830,000 $49,800 $37,553 20.085% $8,306 $7,543 +5.02%
2022/23 $757,000 $45,420 $35,363 20.309% $7,923 $7,182 +7.63%
2021/22 $734,000 $44,040 $33,426 19.963% $7,348 $6,673 -5.42%
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Permits for 1240 Albany Avenue, Brooklyn

The complete history of permits filed for 1240 Albany Avenue, 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.

Filing date Job type Job status Job description Initial cost
03/26/2024 Alteration
03/26/2024 Alteration
         
         
         
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More about New York City Property Records

East Flatbush Residential Market Stats

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.

Median Sale Price
$565,000
-10.3% YoY
Median Price/Sqft
$474
-0.5% YoY
Brooklyn Median Sale Price
$885,000
2.5% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 6 (See more on map)

Transportation

Distance to Subway
Closest station Nostrand Ave & Beverly Rd at SE Corner
Station lines 2-5
Distance (miles) 0.551
View subway map
Bus Routes
Name Av D/E 40 St
Line B8
Distance (miles) 0.116

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 208 Elsa Ebeling 7 Yes Public PK, K-5 266 0.41
P.S. 208 Elsa Ebeling 7 Yes Public PK, K-5 266 0.41
St. Therese of Lisieux School NR No Private PK, K-8 0 0.21
St. Therese of Lisieux School NR No Private PK, K-8 0 0.21
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.25
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Is 285 Meyer Levin 6 Yes Public 6-8 552 0.98
St. Therese of Lisieux School NR No Private PK, K-8 0 0.21
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.25
P.S. 181 5 No Public PK, K-8 554 0.52
P.S. 109 4 No Public PK, K-8 520 0.57
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Cristo Rey Brooklyn High School NR No Private 9-12 302 0.31
Cristo Rey Brooklyn High School NR No Private 9-12 297 0.31
Catherine Mc Auley High School NR No Private 9-12 185 0.32
Excelsior Elementary School NR No Private 6-12 131 0.58
New Vistas Academy NR No Private K-12 66 0.67
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 1240 Albany Avenue, Brooklyn

Here are the neighbors for 1240 Albany Avenue, Brooklyn, NY 11203.

Address Square feet Purchase date Purchase price
1228 Albany Ave, Brooklyn 1,990 04/16/1982
4020 Clarendon Rd, Brooklyn 1,236 11/04/2025
1244 Albany Ave, Brooklyn 1,350 02/03/2026
1236 Albany Ave, Brooklyn 1,856 06/20/1988
1254 Albany Ave, Brooklyn 1,552 08/22/1979
1264 Albany Ave, Brooklyn 1,552 05/08/1996
1238 Albany Ave, Brooklyn 1,856 09/17/2025
4016 Clarendon Rd, Brooklyn 1,236 08/17/2017
1258 Albany Ave, Brooklyn 1,552 09/14/2017
1234 Albany Ave, Brooklyn 1,990 12/06/2004
1270 Albany Ave, Brooklyn 1,552 08/25/2008 $401,000
4012 Clarendon Rd, Brooklyn 1,236 06/12/2017 $519,000
1246 Albany Ave, Brooklyn 2,200 08/01/1997
1272 Albany Ave, Brooklyn 1,552 02/13/2026
4028 Clarendon Rd, Brooklyn 1,316 04/15/2004
4014 Clarendon Rd, Brooklyn 1,236 12/17/2018
1260 Albany Ave, Brooklyn 1,552 09/16/2016
1262 Albany Ave, Brooklyn 1,552 11/08/2023 $685,000
1268 Albany Ave, Brooklyn 1,552 11/25/1991
4024 Clarendon Rd, Brooklyn 1,236 12/17/2007
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