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1560 40th Street, Brooklyn, NY 11218 Property Information

1560 40th Street, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1560 40th Street, Brooklyn, NY 11218 1
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Address

Primary address 1560 40th Street
Neighborhood Borough Park
Zip code 11218
Borough Brooklyn
Block & lot 05364-0031

Sales & Tax Overview for 1560 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 08/12/2021
Purchase price $2,100,000
Tax class
Estimated property tax $16,944

Lot & Building Information for 1560 40th Street, Brooklyn

Lot sqft 2,863
Lot dimensions 28.58 ft x 100.17 ft
Building class Four Families (C3) i
Building sqft 2,184
Building dimensions 24 ft x 78 ft
Buildings on lot 1
Stories 2
Structure type Walk-up apartment
Year built 1930
Frontage(s) 40 Street (narrow)
Nearest wide street 16 Avenue
Distance to wide street
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Zoning & Use for 1560 40th Street, Brooklyn

Zoning
Residential units (DOF) 4
Residential sqft

Area Overview

Walk Score
83 /100. Very Walkable
Transit Score
94 /100. Rider's Paradise
Bike Score
64 /100. Bikeable

School district 20
Community district 12
Closest police station 0.55 Miles
Closest fire station 0.55 Miles

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

Other Property Data for 1560 40th Street, Brooklyn

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Floor area ratio (FAR) for 1560 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 1560 40th Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 1560 40th Street, Brooklyn

What is the year built & the total sq. ft. for 1560 40th Street, Brooklyn, NY 11218?

1560 40th Street, Brooklyn, NY 11218 was built in 1930 and has a total of 2,184 square feet.

What is the assessed value of 1560 40th Street, Brooklyn, NY 11218 and the property tax paid?

Assessed at $447,750, the tax amount paid for 1560 40th Street, Brooklyn, NY 11218 is $15,883. For the next year, the tax amount for 1560 40th Street, Brooklyn, NY 11218 is estimated at $16,944.

When was 1560 40th Street, Brooklyn, NY 11218 last sold and what was the last sale price?

1560 40th Street, Brooklyn, NY 11218 was last sold in 08/12/2021 for $2,100,000.

How many residential units does this building have?

This building has 4 residential unit(s).

Ownership Information for 1560 40th Street, Brooklyn

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Property owner name for 1560 40th Street, Brooklyn, NY 11218
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Building contacts for 1560 40th Street, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 1560 40th Street, Brooklyn

Create a free account to view the complete sales history for 1560 40th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/12/2021 $2,100,000

Title Documents for 1560 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
06/29/2022 - D
07/08/2022 - R		 Assignment, Mortgage
(2022063000806001)
08/12/2021 - D
09/22/2021 - R		 Mortgage
(2021081900561002)
08/12/2021 - D
09/22/2021 - R		 Deed
(2021081900561001)
08/03/2021 - D
08/24/2021 - R		 Correction Deed
(2021081900773001)
04/05/2001 - D
03/25/2002 - R		 Deed
(3240008084024)
12/19/2000 - R Deed
(3100007449410)
12/28/1994 - R Release of Estate Tax Lien
(3950004573095)
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R: Recorded date
D: Document date

Property Taxes for 1560 40th Street, Brooklyn

Access detailed property tax data for 1560 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: $15,883
Estimated property tax: $16,944
Tax assessor's market value: $995,000
Assessed value: $447,750

More about New York City Property Taxes

Assessment History for 1560 40th Street, Brooklyn

Here's the assessment & property tax history for 1560 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 $995,000 $447,750 $127,690 12.439% $15,883 $15,883 +7.43%
2024/25 $849,000 $382,050 $118,274 12.5% $14,784 $14,784 -0.02%
2023/24 $782,000 $351,900 $118,274 12.502% $14,787 $14,787 +6.55%
2022/23 $713,000 $320,850 $113,131 12.267% $13,878 $13,878 +8.25%
2021/22 $570,600 $256,770 $104,784 12.235% $12,820 $12,820 +6.40%
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Permits for 1560 40th Street, Brooklyn

The complete history of permits filed for 1560 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 McDonald Ave & Cortelyou Rd at SW Corner
Station lines F
Distance (miles) 0.151
View subway map
Bus Routes
Name MC Donald Av/Cortelyou Rd
Line B69
Distance (miles) 0.172

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 164 Caesar Rodney 7 Yes Public PK, K-5 509 0.25
P.S. 164 Caesar Rodney 7 Yes Public PK, K-5 509 0.25
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.05
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.06
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.06
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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 0.12
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.05
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.06
Yeshiva Derech Chaim NR No Private 0 0.07
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.09
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.06
Yeshiva Shaarei Yosher NR No Private 9-12 101 0.06
Yeshiva Derech Chaim NR No Private 0 0.07
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.09
Urban Assembly School for Leadership and Empowerment 7 No Public 6-12 495 0.12
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 1560 40th Street, Brooklyn

Here are the neighbors for 1560 40th Street, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
1574 40th St, Brooklyn 3,200 01/09/2013
1579 41st St, Brooklyn 3,200 03/28/2003 $605,000
1540 40th St, Brooklyn 2,184 10/31/1991
1538 40th St, Brooklyn 4,056 09/20/2000
1526 40th St, Brooklyn 3,840 04/14/2003
4014 16th Ave, Brooklyn 8,200 02/10/1999
1562 40th St, Brooklyn 2,400 07/18/2023 $2,250,000
1554 40th St, Brooklyn 3,600 08/19/1996
1572 40th St, Brooklyn 2,400 04/03/2025 $10
1578 40th St, Brooklyn 3,200 12/07/2007
1522 40th St, Brooklyn 3,844 11/02/2023
1566 40th St, Brooklyn 2,400 02/01/1996
1580 40th St, Brooklyn 3,200 02/29/2000
1568 40th St, Brooklyn 2,400 04/14/2015
1548 40th St, Brooklyn 2,184 11/02/2020
1546 40th St, Brooklyn 2,184 07/27/2001
1536 40th St, Brooklyn 3,844 11/01/2022
4002 16th Ave, Brooklyn 8,200 11/27/1981
1556 40th St, Brooklyn 2,400 10/24/2013
1530 40th St, Brooklyn 3,844 02/03/1999
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