New York City  »  11218  »  40th St  »  1247 40th St

1247 40th Street, Brooklyn, NY 11218 Property Information

1247 40th Street, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1247 40th Street, Brooklyn, NY 11218 1
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Address

Primary address 1247 40th Street
Neighborhood Borough Park
Zip code 11218
Borough Brooklyn
Block & lot 05293-0048

Sales & Tax Overview for 1247 40th Street, Brooklyn

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

Purchase date 11/28/2012
Purchase price $750,000
Tax class
Estimated property tax $7,083

Lot & Building Information for 1247 40th Street, Brooklyn

Lot sqft 1,903
Lot dimensions 20 ft x 95.17 ft
Building class Two Family Frame (B2) i
Building sqft 2,472
Building dimensions 20 ft x 40 ft
Buildings on lot 1
Stories 3
Structure type Row
Building material Frame
Exterior wall Aluminum/vinyl
Basement type Full
Year built 1901
Frontage(s) 40 Street (narrow)
Nearest wide street 39 Street
Distance to wide street
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Zoning & Use for 1247 40th Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

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 1.00 Miles
Closest fire station 0.16 Miles

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

Other Property Data for 1247 40th Street, Brooklyn

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Floor area ratio (FAR) for 1247 40th Street, Brooklyn, NY 11218, 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 1247 40th Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 1247 40th Street, Brooklyn

What is the year built & the total sq. ft. for 1247 40th Street, Brooklyn, NY 11218?

1247 40th Street, Brooklyn, NY 11218 was built in 1901 and has a total of 2,472 square feet.

What is the assessed value of 1247 40th Street, Brooklyn, NY 11218 and the property tax paid?

Assessed at $102,720, the tax amount paid for 1247 40th Street, Brooklyn, NY 11218 is $6,683. For the next year, the tax amount for 1247 40th Street, Brooklyn, NY 11218 is estimated at $7,083.

When was 1247 40th Street, Brooklyn, NY 11218 last sold and what was the last sale price?

1247 40th Street, Brooklyn, NY 11218 was last sold in 11/28/2012 for $750,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 1247 40th Street, Brooklyn

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Property owner name for 1247 40th Street, Brooklyn, NY 11218
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Building contacts for 1247 40th Street, Brooklyn, NY 11218
Building management:
Representatives (from permits):
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Past Sales & Property History for 1247 40th Street, Brooklyn

Create a free account to view the complete sales history for 1247 40th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/28/2012 $750,000

Title Documents for 1247 40th Street, 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
11/28/2012 - D
12/07/2012 - R		 Mortgage
(2012120400333002)
11/28/2012 - D
12/07/2012 - R		 Deed
(2012120400333001)
01/20/1986 - D
02/07/1986 - R		 Deed
(3200001143920)
04/07/1983 - R Satisfaction of Mortgage
(3890000954189)
04/27/1976 - D
04/27/1976 - R		 Mortgage
(37630084300212)
04/27/1976 - D
04/27/1976 - R		 Deed
(37630084300190)
08/11/1966 - D
08/11/1966 - R		 Mortgage
(36630021500471)
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R: Recorded date
D: Document date

Property Taxes for 1247 40th Street, Brooklyn

Access detailed property tax data for 1247 40th Street, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $6,683
Estimated property tax: $7,083
Tax assessor's market value: $1,712,000
Assessed value: $102,720

More about New York City Property Taxes

Assessment History for 1247 40th Street, Brooklyn

Here's the assessment & property tax history for 1247 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 $1,712,000 $102,720 $33,680 19.843% $6,683 $6,683 +4.59%
2024/25 $1,543,000 $92,580 $31,814 20.085% $6,390 $6,390 +5.70%
2023/24 $1,522,000 $91,320 $30,097 20.085% $6,045 $6,045 -1.10%
2022/23 $1,246,000 $74,760 $30,097 20.309% $6,112 $6,112 +2.92%
2021/22 $1,080,000 $64,800 $29,748 19.963% $5,939 $5,939 +0.55%
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Permits for 1247 40th Street, Brooklyn

The complete history of permits filed for 1247 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.

No recorded permits for this property.

Borough Park Residential Market Stats

Access a detailed real estate market overview of Borough Park so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Borough Park and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$997,000
17.3% YoY
Median Price/Sqft
$889
17.1% YoY
Brooklyn Median Sale Price
$839,000
6.2% YoY

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

Risk

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

Transportation

Distance to Subway
Closest station New Utrecht Ave & 44th St at NE Corner
Station lines D
Distance (miles) 0.357
View subway map
Bus Routes
Name 39 ST/13 Av
Line B35
Distance (miles) 0.045

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 230 Doris L Cohen 7 Yes Public PK, K-5 969 0.49
P.S. 230 Doris L Cohen 7 Yes Public PK, K-5 969 0.49
Talmud Torah Ohel Yochanan NR No Private PK-8 837 0.15
Talmud Torah Ohel Yochanan NR No Private PK-8 837 0.15
Talmud Torah Ohel Yochanan School NR No Private PK-8 791 0.15
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 223 The Montauk 6 Yes Public 6-8 702 0.50
Talmud Torah Ohel Yochanan NR No Private PK-8 837 0.15
Talmud Torah Ohel Yochanan School NR No Private PK-8 791 0.15
Yeshiva Beis Meir (Boys) NR No Private 8-12 176 0.15
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.17
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Yeshiva Mesivta Chernobil NR No Private 9-12 74 0.13
Yeshiva Beis Meir (Boys) NR No Private 8-12 176 0.15
Congregation Ymh NR No Private 10-12 102 0.17
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.17
Kerem Shlomo NR No Private 10-11 0 0.19
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 1247 40th Street, Brooklyn

Here are the neighbors for 1247 40th Street, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
1233 40th St, Brooklyn 1,928 11/05/2008
1245 40th St, Brooklyn 2,969 12/29/2011 $350,000
1259 40th St, Brooklyn 3,296 12/30/2009
1241 40th St, Brooklyn 3,000 03/22/2007
1237 40th St, Brooklyn 1,928 03/20/2023
1227 40th St, Brooklyn 1,928 12/19/2024 $1,475,000
1251 40th St, Brooklyn 2,472 05/05/2008
1231 40th St, Brooklyn 3,117 12/27/2000
1229 40th St, Brooklyn 1,928 02/20/2023
1255 40th St, Brooklyn 2,472 05/17/2022 $1,900,000
1267 40th St, Brooklyn 1,800 05/06/2022 $2,150,000
1254 39th St, Brooklyn 2,292 07/01/2019
1239 40th St, Brooklyn 1,928 07/20/2003
1249 40th St, Brooklyn 2,632 08/27/2001
1253 40th St, Brooklyn 2,472 04/21/2009
1257 40th St, Brooklyn 2,862 03/18/2024
3910 13th Ave, Brooklyn 15,550
3902 13th Ave, Brooklyn 04/30/2013 $2,900,000
1243 40th St, Brooklyn 6,845 06/08/2009 $143,254
1235 40th St, Brooklyn 1,928 08/06/1999
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