New York City » 11203 » E 40th St » 527 E 40th St

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

Also known as: 527 E 40th St

Property image for 527 East 40th Street, Brooklyn, NY 11203

Property type

Two Family Converted from One Family (B3)

Year built

1920

Lot sq. ft.

2,000

Sale price

$565,000

General information

Address

Primary address

527 East 40th Street

ZIP code

11203

Neighborhood

East Flatbush

Borough

Brooklyn

Block & lot

04957-0066

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

1,264

Building dimensions

16 ft x 36 ft

Buildings on lot

Stories

Year built

1920

Building material

Frame

Exterior wall

Aluminum/Vinyl

Basement

Sales

Sale date

01/27/2022

Sale price

$565,000

Tax

Tax year

2026-2027

Property tax

$6,395

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

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

69 /100. Somewhat Walkable

Transit score

89 /100. Excellent Transit

Bike score

62 /100. Bikeable

School district

Community district

Closest police station

1.01 Miles

Closest fire station

0.73 Miles

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

Ownership

Ownership information for 527 East 40th Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 527 East 40th Street, Brooklyn, NY 11203

Sale date	Sale price	Buyer name	Seller name
01/27/2022	$565,000	XXXXXX, XXXXXXX	XXX, XXXXXX XXX XXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/19/2023 - R 06/20/2023 - D	Deed (2023091300738001)	XXXXXX XXXXXXX	XXX X XX XX XXX
03/01/2022 - R	UCC3 Termination (2022022501088001)	XXXXX XXXXXXX	XXXXXX XXXXXXXXXX XXXXX XXXXX XX XXXXXXXXXX XXXX
03/07/2022 - R 02/25/2022 - D	Satisfaction of Mortgage (2022030200704001)	XXX XXXXXX	XXXXXXXX
02/11/2022 - R 01/27/2022 - D	Deed (2022020300752001)	XXX XXXXXX	XXXXXX XXXXXXX
01/06/2022 - R	Initial UCC1 (2022010401251001)	XXXXX XXXXXXX	XXXXXX XXXXXXXXXX XXXXX XXXXX XX XXXXXXXXXX XXXX
05/15/2017 - R 05/09/2017 - D	Satisfaction of Mortgage (2017050900445001)	XXX XXXXXX	XXXXXXX XXXXXXXX XX XXX
01/17/2012 - R 12/27/2011 - D	Satisfaction of Mortgage (2011122701566001)	XXX XXXXXX	XXXXXXXX X X
01/09/2012 - R 12/06/2011 - D	Mortgage (2011122600133001)	XXX XXXXXX	XXXXXXXX XX
08/11/2004 - R 07/12/2004 - D	Satisfaction of Mortgage (2004072001265001)		XXXXXXXX XX
06/07/2004 - R 04/27/2004 - D	Satisfaction of Mortgage (2004042801329001)	XXX XXXXXX X	XXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 527 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

$6,395

Municipal exemptions

Recent tax assessments

Market value

$779,000

Assessed value

$46,740

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	$593,000	$35,580	$30,406	19.843%	$6,033	$6,033	+4.72%
2024/25	$627,000	$37,620	$28,685	20.085%	$5,761	$5,761	+2.47%
2023/24	$675,000	$40,500	$27,994	20.085%	$5,623	$5,623	-0.66%
2022/23	$548,000	$32,880	$27,868	20.309%	$5,660	$5,660	+20.75%
2021/22	$520,000	$31,200	$23,477	19.963%	$5,361	$4,687	+0.97%
2020/21	$519,000	$31,140	$22,058	21.045%	$5,332	$4,642	+5.98%
2019/20	$516,000	$30,960	$20,694	21.167%	$5,060	$4,380	+4.34%
2018/19	$532,000	$31,920	$20,068	20.919%	$4,880	$4,198	+2.90%
2017/18	$432,000	$25,920	$20,013	20.385%	$4,734	$4,080	+7.40%
2016/17	$443,000	$26,580	$19,001	19.991%	$4,474	$3,798	+9.90%

Permits

Permit information for 527 East 40th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
06/24/2022	Alteration

*Most recent permit on record 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

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Nostrand Ave & Newkirk Ave at SE Corner

Station lines

2-5

Distance (miles)

0.527

View subway map

Access the detailed traffic volume map for 527 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	0.43
P.S. 208 Elsa Ebeling	7	Yes	Public	PK, K-5	266	0.43
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
St Catherine Genoa-St Therese Lisieu	NR	No	Private	PK-8	199	0.25
P.S. 198	5	No	Public	PK, K-5	293	0.38
P.S. 198	5	No	Public	PK, K-5	293	0.38
Phyl's Academy Prep	NR	No	Private	PK-5	180	0.38
P.S. 181	5	No	Public	PK, K-8	554	0.53

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	1.00
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	0.53
P.S. 109	4	No	Public	PK, K-8	520	0.55
Great Oaks Elementary School	NR	No	Private	K-8	116	0.56
Central Brooklyn Ascend Charter	8	No	Charter	K-8	778	0.59
St. Jerome School	NR	No	Private	PK, K-8	302	0.60
Learning Dynamics Academy	NR	No	Private	PK, K-7	0	0.61

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	0.28
Cristo Rey Brooklyn High School	NR	No	Private	9-12	302	0.28
Catherine Mc Auley High School	NR	No	Private	9-12	185	0.28
Excelsior Elementary School	NR	No	Private	6-12	131	0.61
New Vistas Academy	NR	No	Private	K-12	66	0.63
Kurt Hahn Expeditionary Learning School	1	No	Public	9-12	152	0.91
It Takes A Village Academy	3	No	Public	9-12	308	0.91
Cultural Academy For The Arts And Sciences	3	No	Public	9-12	232	0.91
Midwood High School	7	No	Public	9-12	4,062	1.05

Frequently asked questions

What is the year built for 527 East 40th Street, Brooklyn, NY 11203?

The development at 527 East 40th Street, Brooklyn, NY 11203 was built in 1920.

What is the total square footage of 527 East 40th Street, Brooklyn, NY 11203?

527 East 40th Street, Brooklyn, NY 11203 has a total of 1,264 square feet.

When was 527 East 40th Street, Brooklyn, NY 11203 last sold and what was the sale price?

527 East 40th Street, Brooklyn, NY 11203 was last sold on 01/27/2022 for $565,000.

What is the assessed value of 527 East 40th Street, Brooklyn, NY 11203?

527 East 40th Street, Brooklyn, NY 11203 is currently assessed at $46,740.

What are the property taxes for 527 East 40th Street, Brooklyn, NY 11203?

The property taxes for 527 East 40th Street, Brooklyn, NY 11203 total $6,395.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.