New York City  »  11218  »  40th St  »  1341 40th St

1341 40th Street, Brooklyn, NY 11218 - Property report

Also known as: 1341 40th St

Property image for 1341 40th Street, Brooklyn, NY 11218
static Mapbox map

Property type

Four Families (C3)

Year built

1931

Lot sq. ft.

2,443

Sale price

$283,500

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
1341 40th Street
ZIP code
11218
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05298-0061

Owner

Find out who owns 1341 40th Street, Brooklyn, NY 11218. Uncover corporate and individual owners with a free account.

Building
Property type
Four Families (C3)
Building sq. ft.
4,680
Building dimensions
20.83 ft x 78 ft
Buildings on lot
1
Stories
3
Year built
1931
Last altered
2002
Building material
Stone
Exterior wall
None
Basement
N
Sales
Sale date
06/11/2003
Sale price
$283,500
Tax
Tax year
2026-2027
Property tax
$23,152
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
40 Street (narrow)
Nearest wide street
39 Street
Distance to wide street
Lot dimensions
25.67 ft x 95.17 ft
Lot sq. ft.
2,443

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
67 /100.  Bikeable
School district
20
Community district
12
Closest police station
0.88 Miles
Closest fire station
0.25 Miles

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

Ownership information for 1341 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

Sales history for 1341 40th Street, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
06/11/2003 $283,500 XXXXXXX, XXXXXX X XXXXXXX, XXXXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/30/2023 - R
06/28/2023 - D
Satisfaction of Mortgage
(2023062800564001)
XXXXXXX XXXXXX X XX XXXX X X
02/04/2014 - R
11/20/2013 - D
Mortgage
(2013120200003001)
XXXXXXX XXXXXX X XX XXXX X X
07/10/2003 - R
06/11/2003 - D
Deed, Other
(2003061600554001)
XXXXXXX XXXXXX X XXXXXXX XXXXXX X
04/22/2002 - R Mortgage
(3630008376663)
XXXXXXX XXXXXX X XXXX XXXX XXX
02/02/2000 - R Satisfaction of Mortgage
(3030007045703)
02/03/1999 - R Mortgage
(3120006442712)
XXXXXXX XXXXXX XXXXXX XXXXXXXX XXXXXXXX XXXXXXX XXXXX XXX
02/03/1999 - R
10/29/1998 - D
Deed
(3970006443297)
XXXXXXX XXXXX XXXXXXX XXXXXX XXXXXX
07/09/1993 - R Satisfaction of Mortgage
(3620001785162)
XXXXXXX XXXXXX XXXXXXXX XX
05/14/1993 - R Mortgage
(3020001772302)
XXXXXXX XXXXX XXXXXXXXXXXX XXXXXXXXX
05/14/1993 - R
05/05/1993 - D
Deed
(3010001772301)
XXXXXXX XXXXXX XXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1341 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
$23,152
Municipal exemptions
Recent tax assessments
Market value
$1,070,000
Assessed value
$481,500

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 $955,000 $429,750 $174,721 12.439% $21,734 $21,734 +5.90%
2024/25 $956,400 $430,380 $164,178 12.5% $20,522 $20,522 +6.28%
2023/24 $797,000 $358,650 $154,450 12.502% $19,309 $19,309 +7.06%
2022/23 $814,000 $366,300 $147,034 12.267% $18,037 $18,037 +2.97%
2021/22 $743,000 $334,350 $143,173 12.235% $17,517 $17,517 +6.25%
2020/21 $815,000 $366,750 $134,401 12.267% $16,487 $16,487 +4.66%
2019/20 $775,000 $348,750 $126,291 12.473% $15,752 $15,752 +5.13%
2018/19 $826,000 $371,700 $118,808 12.612% $14,984 $14,984 +4.16%
2017/18 $714,000 $321,300 $113,103 12.719% $14,386 $14,386 +1.32%
2016/17 $648,000 $291,600 $110,133 12.892% $14,198 $14,198 +6.60%

Permit information for 1341 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/10/2003 Alteration type 1
09/04/2003 Alteration type 1
06/27/2002 Alteration type 1
10/26/1993 Alteration type 2
07/15/1993 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
11/27/2024 I
11/20/2023 I
03/20/2023 A

*Most recent HPD violations on record 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

$999,000

-0.1% Y-o-Y

Median price/sq. ft.

$858

7.4% Y-o-Y

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Church Ave at SW Corner
Station lines
F
Distance (miles)
0.379

Access the detailed traffic volume map for 1341 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 164 Caesar Rodney 7 Yes Public PK, K-5 509 0.17
P.S. 164 Caesar Rodney 7 Yes Public PK, K-5 509 0.17
Bnos Yaakov Educational Center NR No Private PK, K-12 0 0.08
Bnos Yaakov Educational Center NR No Private PK, K-12 0 0.08
Bnos Yakov of Boro Park NR No Private 1-7 0 0.08
Talmud Torah Ohel Yochanan School NR No Private PK-8 791 0.09
Talmud Torah Ohel Yochanan School NR No Private PK-8 791 0.09
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 223 The Montauk 6 Yes Public 6-8 702 0.38
Bnos Yaakov Educational Center NR No Private PK, K-12 0 0.08
Bnos Yakov of Boro Park NR No Private 1-7 0 0.08
Talmud Torah Ohel Yochanan School NR No Private PK-8 791 0.09
Talmud Torah Ohel Yochanan NR No Private PK-8 837 0.09
Bais Yaakov Of Bensonhurst NR No Private PK, K-8 227 0.10
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Congregation Ymh NR No Private 10-12 102 0.05
Bnos Yaakov Educational Center NR No Private PK, K-12 0 0.08
Yeshiva Beis Meir (Boys) NR No Private 8-12 176 0.10
Yeshiva Tiferes NR No Private 9-12 0 0.11
Bais Fruma NR No Private PK, K-12 366 0.13

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

Frequently asked questions

What is the year built for 1341 40th Street, Brooklyn, NY 11218?

The development at 1341 40th Street, Brooklyn, NY 11218 was built in 1931.

What is the total square footage of 1341 40th Street, Brooklyn, NY 11218?

1341 40th Street, Brooklyn, NY 11218 has a total of 4,680 square feet.

When was 1341 40th Street, Brooklyn, NY 11218 last sold and what was the sale price?

1341 40th Street, Brooklyn, NY 11218 was last sold on 06/11/2003 for $283,500.

What is the assessed value of 1341 40th Street, Brooklyn, NY 11218?

1341 40th Street, Brooklyn, NY 11218 is currently assessed at $481,500.

What are the property taxes for 1341 40th Street, Brooklyn, NY 11218?

The property taxes for 1341 40th Street, Brooklyn, NY 11218 total $23,152.

How many residential units does this building have?

This building has 4 residential unit(s).

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