New York City  »  11218  »  40th St  »  1259 40th St

1259 40th Street, Brooklyn, NY 11218 - Property report

Also known as: 1259 40th St

Property image for 1259 40th Street, Brooklyn, NY 11218
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1901

Lot sq. ft.

1,903

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1259 40th Street
ZIP code
11218
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05293-0042

Owner

Find out who owns 1259 40th Street, Brooklyn, NY 11218. Uncover corporate and individual owners with a free account.

Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
3,296
Building dimensions
20 ft x 40 ft
Buildings on lot
1
Stories
3
Year built
1901
Last altered
2000
Building material
Tax
Tax year
2026-2027
Property tax
$8,322
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 95.17 ft
Lot sq. ft.
1,903

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
70 /100.  Very Bikeable
School district
15
Community district
12
Closest police station
0.98 Miles
Closest fire station
0.17 Miles

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

Ownership

Ownership information for 1259 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 1259 40th Street, Brooklyn, NY 11218

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/21/2010 - R
12/30/2009 - D		 Deed
(2010011100901001)		 XXXXXXXX XXXXX XXXXX XXXXXX XX XXXXXXX
04/05/2004 - R
02/12/2004 - D		 Satisfaction of Mortgage
(2004021201236001)		 XXXXXXXX XXXXX
07/13/1995 - R Assignment, Mortgage
(3030004857503)		 XXXXXX XX XXXXXXX XXXXXX XXXXXX XXXX XX XXXXXXX XXXXXXXX XXXXXXXX XXX
04/01/1994 - R Assignment, Mortgage
(3640004221064)		 XXXXXXX XXXX XXXX XXXXXXXX XXXX XXXXXXXXXX XXXX XXXXXXXX XX XXX
04/01/1994 - R Assignment, Mortgage
(3990004221099)		 XXXXXXXXXX XXXX XXXXXXXX XX XXX XXXXXX XX XXXXXXX XXXXXX XXXXXX XXXX
04/01/1994 - R Mortgage
(3790004220479)		 XXXXXXXX XXXXX XXXXXX XX XXXXXXX XXXXXX XXXXXX XXXX
04/01/1994 - R Agreement
(3680004220068)		 XXXXXX XX XXXXXXX XXXXXX XXXXXX XXXX
03/06/1991 - R Assignment, Mortgage
(3400001601740)		 XXXXXXXXXX XXXX XXXXXX XXXXXXX XXXX XXXX XXXX X
03/06/1991 - R Assignment, Mortgage
(3390001601739)		 XXXXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXXX XXXXXX
11/21/1988 - R Satisfaction of Mortgage
(3590001412459)		 XXXX XXXXXX XXXX XXXXXXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1259 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
$8,322
Municipal exemptions
Recent tax assessments
Market value
$1,316,000
Assessed value
$78,960

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 $1,425,000 $85,500 $41,910 19.843% $8,316 $8,316 +3.95%
2024/25 $1,468,000 $88,080 $39,833 20.085% $8,000 $8,000 +4.51%
2023/24 $1,613,000 $96,780 $38,113 20.085% $7,655 $7,655 +3.57%
2022/23 $1,346,000 $80,760 $36,394 20.309% $7,391 $7,391 +5.94%
2021/22 $1,221,000 $73,260 $34,949 19.963% $6,977 $6,977 -5.07%
2020/21 $1,292,000 $77,520 $34,925 21.045% $7,350 $7,350 +4.61%
2019/20 $1,267,000 $76,020 $33,194 21.167% $7,026 $7,026 +5.75%
2018/19 $1,056,000 $63,360 $31,761 20.919% $6,644 $6,644 +7.47%
2017/18 $985,000 $59,100 $30,328 20.385% $6,182 $6,182 +6.19%
2016/17 $821,000 $49,260 $29,124 19.991% $5,822 $5,822 +2.31%
Permits

Permit information for 1259 40th Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
New Utrecht Ave & 45th St at NE Corner
Station lines
D
Distance (miles)
0.374
View subway map

Access the detailed traffic volume map for 1259 40th Street, Brooklyn, NY 11218 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

Neighbors for 1259 40th Street, Brooklyn, NY

1245 40th St, Brooklyn 1248 39th St, Brooklyn 1251 40th St, Brooklyn 1241 40th St, Brooklyn 1246 39th St, Brooklyn 1255 40th St, Brooklyn 1247 40th St, Brooklyn 1267 40th St, Brooklyn 1254 39th St, Brooklyn 1252 39th St, Brooklyn 1257 40th St, Brooklyn 1253 40th St, Brooklyn 1249 40th St, Brooklyn 1239 40th St, Brooklyn 3910 13th Ave, Brooklyn 3902 13th Ave, Brooklyn 1243 40th St, Brooklyn 1250 39th St, Brooklyn 1244 39th St, Brooklyn

Nearby ZIP codes for 1259 40th Street, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 1259 40th Street, Brooklyn, NY 11218?

The development at 1259 40th Street, Brooklyn, NY 11218 was built in 1901.

What is the market value of 1259 40th Street, Brooklyn, NY 11218?

The current market value of 1259 40th Street, Brooklyn, NY 11218 is $1,316,000.

What is the total square footage of 1259 40th Street, Brooklyn, NY 11218?

1259 40th Street, Brooklyn, NY 11218 has a total of 3,296 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account