New York City  »  11203  »  E 40th St  »  547 E 40th St

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

Also known as: 547 E 40th St

Property image for 547 East 40th Street, Brooklyn, NY 11203
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Property type

Two Family Converted from One Family (B3)

Year built

1920

Lot sq. ft.

2,958

General information

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Address
Primary address
547 East 40th Street
Alternate address(es)
547 Garage E 40th St
ZIP code
11203
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
04957-0058

Owner

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Building
Property type
Two Family Converted from One Family (B3)
Building sq. ft.
1,406
Building dimensions
18 ft x 30 ft
Buildings on lot
2
Stories
3
Year built
1920
Building material
Frame
Exterior wall
Composition
Basement
4
Garage type
Detached, Frame Garage
Tax
Tax year
2026-2027
Property tax
$6,209
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
29.58 ft x 100 ft
Lot sq. ft.
2,958

Area overview

Walk score
69 /100.  Somewhat Walkable
Transit score
89 /100.  Excellent Transit
Bike score
62 /100.  Bikeable
School district
18
Community district
17
Closest police station
0.98 Miles
Closest fire station
0.72 Miles

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

Ownership

Ownership information for 547 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 547 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
10/02/2025 - R
09/16/2025 - D		 Tax Lien Sale Certificate
(2025100100521001)		 XXXX XX XXX XXXX XXXX XX XXX XXXX
08/14/2017 - R
07/25/2017 - D		 Discharge of Tax Lien
(2017081100186001)		 XXX XXXX XX XXX XXXX XXXXXX
01/26/2017 - R
01/04/2017 - D		 Deed
(2017010900914001)		 XXXXXXX XXX XXXXX XXXXXXX XXXXXXXXX X
08/20/2014 - R
08/13/2014 - D		 Tax Lien Sale Certificate
(2014081300449001)		 XXXX XX XXX XXXX XXXX XX XXX XXXX
12/12/2007 - R
11/19/2007 - D		 Assignment, Mortgage
(2007112901198001)		 XXXXXX XXX XXXXXXXX XXXXXXXXXXX XXXXXXXX XXXX XXXXXXXX XXXXX XXXXXXX
09/21/2004 - R
09/07/2004 - D		 Satisfaction of Mortgage
(2004090700164001)		 XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
10/13/2005 - R
07/27/2004 - D		 Assignment, Mortgage
(2005092902166001)		 XXXXXXXX XXXXXXXX XXXXXXX XXXX XXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/08/2004 - R
07/23/2004 - D		 Mortgage
(2004080402751001)		 XXXXXXX XXXXXXXXX X XXXXXXXX XXXXXXXX XXXXXXX XXXX
02/12/2004 - R
12/04/2003 - D		 Satisfaction of Mortgage
(2003121701685001)		 XXXXXXX XXXXXXXX
07/14/2003 - R
04/17/2003 - D		 Mortgage
(2003050802145001)		 XXXXXXX XXXXXXXXX X XXXX XX XXXXXXX XXXXXXXX XXXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 547 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
$6,209
Municipal exemptions
Recent tax assessments
Market value
$857,000
Assessed value
$51,420

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 $711,000 $42,660 $31,051 19.843% $6,161 $6,161 +4.72%
2024/25 $691,000 $41,460 $29,293 20.085% $5,883 $5,883 +6.00%
2023/24 $694,000 $41,640 $27,636 20.085% $5,551 $5,551 +4.81%
2022/23 $595,000 $35,700 $26,076 20.309% $5,296 $5,296 +1.72%
2021/22 $512,000 $30,720 $26,076 19.963% $5,206 $5,206 -4.40%
2020/21 $528,000 $31,680 $25,876 21.045% $5,446 $5,446 +5.39%
2019/20 $574,000 $34,440 $24,411 21.167% $5,167 $5,167 +7.25%
2018/19 $647,000 $38,820 $23,030 20.919% $4,818 $4,818 +8.76%
2017/18 $517,000 $31,020 $21,730 20.385% $4,430 $4,430 +1.97%
2016/17 $541,000 $32,460 $21,730 19.991% $4,344 $4,344 +3.03%
Permits

Permit information for 547 East 40th Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

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

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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
6

Subway & traffic

Closest station
Nostrand Ave & Newkirk Ave at SE Corner
Station lines
2-5
Distance (miles)
0.52
View subway map

Access the detailed traffic volume map for 547 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. 208 Elsa Ebeling 7 Yes Public PK, K-5 266 0.42
P.S. 208 Elsa Ebeling 7 Yes Public PK, K-5 266 0.42
St. Therese of Lisieux School NR No Private PK, K-8 0 0.20
St. Therese of Lisieux School NR No Private PK, K-8 0 0.20
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.24
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.24
P.S. 198 5 No Public PK, K-5 293 0.35
P.S. 198 5 No Public PK, K-5 293 0.35
Phyl's Academy Prep NR No Private PK-5 180 0.40
P.S. 109 4 No Public PK, K-8 520 0.52
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Is 285 Meyer Levin 6 Yes Public 6-8 552 1.01
St. Therese of Lisieux School NR No Private PK, K-8 0 0.20
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.24
P.S. 109 4 No Public PK, K-8 520 0.52
Great Oaks Elementary School NR No Private K-8 116 0.54
P.S. 181 5 No Public PK, K-8 554 0.55
Central Brooklyn Ascend Charter 8 No Charter K-8 778 0.58
St. Jerome School NR No Private PK, K-8 302 0.59
St. Vincent Ferrer School NR No Private PK, K-8 0 0.60
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Cristo Rey Brooklyn High School NR No Private 9-12 302 0.26
Cristo Rey Brooklyn High School NR No Private 9-12 297 0.26
Catherine Mc Auley High School NR No Private 9-12 185 0.26
New Vistas Academy NR No Private K-12 66 0.61
New Vistas Academy NR No Private 1-12 0 0.64
Kurt Hahn Expeditionary Learning School 1 No Public 9-12 152 0.92
Cultural Academy For The Arts And Sciences 3 No Public 9-12 232 0.92
It Takes A Village Academy 3 No Public 9-12 308 0.92
Midwood High School 7 No Public 9-12 4,062 1.03

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

Neighbors for 547 East 40th Street, Brooklyn, NY

529 E 40th St, Brooklyn 525 E 40th St, Brooklyn 4005 Avenue D, Brooklyn 535 E 40th St, Brooklyn 533 E 40th St, Brooklyn 527 E 40th St, Brooklyn 4011 Avenue D, Brooklyn 4013 Avenue D, Brooklyn 4019 Avenue D, Brooklyn 539 E 40th St, Brooklyn 519 E 40th St, Brooklyn 549 E 40th St, Brooklyn 4001 Avenue D, Brooklyn 541 E 40th St, Brooklyn 517 E 40th St, Brooklyn 555 E 40th St, Brooklyn 521 E 40th St, Brooklyn 559 E 40th St, Brooklyn 4007 Avenue D, Brooklyn 4017 Avenue D, Brooklyn

Nearby ZIP codes for 547 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 547 East 40th Street, Brooklyn, NY 11203?

The development at 547 East 40th Street, Brooklyn, NY 11203 was built in 1920.

What is the total square footage of 547 East 40th Street, Brooklyn, NY 11203?

547 East 40th Street, Brooklyn, NY 11203 has a total of 1,406 square feet.

What is the assessed value of 547 East 40th Street, Brooklyn, NY 11203?

547 East 40th Street, Brooklyn, NY 11203 is currently assessed at $51,420.

What are the property taxes for 547 East 40th Street, Brooklyn, NY 11203?

The property taxes for 547 East 40th Street, Brooklyn, NY 11203 total $6,209.

How many residential units does this building have?

This building has 2 residential unit(s).

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