| Primary address | 1201 40th Street |
| Secondary address | 3917 12th Ave |
| Neighborhood | Borough Park |
| Zip code | 11218 |
| Borough | Brooklyn |
| Block & lot | 05293-0071 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 11/19/2010 |
| Purchase price | $605,000 |
| Tax class | Register |
| Estimated property tax | $9,427 |
| Lot sqft | 1,903 |
| Lot dimensions | |
| Building class | Primarily Two Family with One Store or Office (S2) |
| Building sqft | 5,000 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 3 |
| Year built | 1899 |
| Construction type | Register |
| School district | 15 |
| Community district | 12 |
| Closest police station | 1.07 Miles |
| Closest fire station | 0.12 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Primarily Two Family with One Store or Office (S2) located at 1201 40th Street, Brooklyn, NY 11218 has a total of 5,000 square feet and a current price per square foot of $121.
What is the year built & the current market value of 1201 40th Street, Brooklyn, NY 11218?1201 40th Street, Brooklyn, NY 11218 was built in 1899 and has a current tax assessor's market value of $3,039,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 1201 40th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 1201 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: | $9,349 |
| Estimated property tax: | $9,427 |
| Tax assessor's market value: | $3,039,000 |
| Assessed value: | $182,340 |
Here's the assessment & property tax history for 1201 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 | $3,039,000 | $182,340 | $47,117 | 19.843% | $9,349 | $9,349 | +4.69% |
| 2024/25 | $2,624,000 | $157,440 | $44,464 | 20.085% | $8,931 | $8,931 | +5.98% |
| 2023/24 | $2,824,000 | $169,440 | $41,956 | 20.085% | $8,427 | $8,427 | +4.81% |
| 2022/23 | $2,217,000 | $133,020 | $39,590 | 20.309% | $8,040 | $8,040 | +1.74% |
| 2021/22 | $2,080,000 | $124,800 | $39,590 | 19.963% | $7,903 | $7,903 | -4.36% |
The complete history of permits filed for 1201 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.
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | New Utrecht Ave & 44th St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | D | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.285 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 39 ST/12 Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.032 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 1201 40th Street, Brooklyn, NY 11218.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1215 40th St, Brooklyn | 1,928 | 12/10/1998 | |
| 1217 40th St, Brooklyn | 1,928 | 11/22/2006 | $870,000 |
| 3807 12th Ave, Brooklyn | 2,472 | 08/16/1977 | |
| 3801 12th Ave, Brooklyn | 2,630 | 09/05/2019 | $1,450,000 |
| 1207 40th St, Brooklyn | 2,000 | 01/15/2025 | |
| 1209 40th St, Brooklyn | 2,000 | 11/16/2021 | $1,450,500 |
| 1213 40th St, Brooklyn | 1,928 | 11/10/2005 | $655,000 |
| 3803 12th Ave, Brooklyn | 2,472 | 09/14/1992 | |
| 1219 40th St, Brooklyn | 1,928 | 01/23/2024 | |
| 3809 12th Ave, Brooklyn | 2,472 | 05/02/2024 | $1,400,000 |
| 3805 12th Ave, Brooklyn | 2,472 | 11/02/2005 | $790,000 |
| 1203 40th St, Brooklyn | 2,000 | 04/06/1979 | |
| 1211 40th St, Brooklyn | 1,880 | 08/06/2021 | |
| 1216 38th St, Brooklyn | 2,622 | 02/05/2019 | |
| 1205 40th St, Brooklyn | 2,000 | 03/06/2018 | |
| 1221 40th St, Brooklyn | 1,928 | 06/16/2008 | $728,000 |
| 3817 12th Ave, Brooklyn | 5,040 | 04/18/2019 | |
| 3815 12th Ave, Brooklyn | 2,400 | 07/13/2012 | $610,000 |
| 3813 12th Ave, Brooklyn | 2,352 | 07/28/1988 | |
| 3811 12th Ave, Brooklyn | 2,352 | 03/04/2014 | $857,000 |
