| Primary address | 1583 40th Street |
| Secondary address | 3920-3924 16th Ave |
| Neighborhood | Borough Park |
| Zip code | 11218 |
| Borough | Brooklyn |
| Block & lot | 05365-0044 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 03/29/2018 |
| Purchase price | $1,070,000 |
| Tax class | Register |
| Estimated property tax | $21,313 |
| Lot sqft | 1,440 |
| Lot dimensions | |
| Building class | Predominant Retail with Other Uses (K4)
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| Building sqft | 2,880 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 2 |
| Year built | 1930 |
| Construction type | Register |
| School district | 20 |
| Community district | 12 |
| Closest police station | 0.52 Miles |
| Closest fire station | 0.60 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 Predominant Retail with Other Uses (K4) located at 1583 40th Street, Brooklyn, NY 11218 has a total of 2,880 square feet and a current price per square foot of $371.
What is the year built & the current market value of 1583 40th Street, Brooklyn, NY 11218?1583 40th Street, Brooklyn, NY 11218 was built in 1930 and has a current tax assessor's market value of $473,000.
How many commercial spaces does this building have?This building has 2 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 1583 40th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 03/29/2018 | $1,070,000 | Register | Register |
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 1583 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: | $20,171 |
| Estimated property tax: | $21,313 |
| Tax assessor's market value: | $473,000 |
| Assessed value: | $212,850 |
Here's the assessment & property tax history for 1583 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 | $473,000 | $212,850 | $185,940 | 10.848% | $20,171 | $20,171 | +1.29% |
| 2024/25 | $421,000 | $189,450 | $185,040 | 10.762% | $19,914 | $19,914 | -0.52% |
| 2023/24 | $430,000 | $193,500 | $189,000 | 10.592% | $20,019 | $20,019 | +6.33% |
| 2022/23 | $393,000 | $176,850 | $176,850 | 10.646% | $18,827 | $18,827 | +11.46% |
| 2021/22 | $349,000 | $157,050 | $157,050 | 10.755% | $16,891 | $16,891 | -18.18% |
The complete history of permits filed for 1583 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 | McDonald Ave & Cortelyou Rd at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.111 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | MC Donald Av/Cortelyou Rd | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.148 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 1583 40th Street, Brooklyn, NY 11218.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1555 40th St, Brooklyn | 2,480 | 03/04/1997 | |
| 3904 16th Ave, Brooklyn | 2,100 | 02/17/2021 | |
| 1560 39th St, Brooklyn | 2,280 | 11/12/2012 | |
| 1575 40th St, Brooklyn | 5,335 | 06/28/1985 | |
| 1571 40th St, Brooklyn | 2,480 | 07/07/2021 | $1,400,000 |
| 1561 40th St, Brooklyn | 5,040 | 02/17/1999 | |
| 1559 40th St, Brooklyn | 2,480 | 06/08/2010 | |
| 3908 16th Ave, Brooklyn | 2,050 | 07/09/2009 | |
| 3902 16th Ave, Brooklyn | 3,429 | 03/05/1999 | |
| 1567 40th St, Brooklyn | 3,972 | 01/15/2024 | |
| 1568 39th St, Brooklyn | 2,280 | 12/11/2025 | |
| 1573 40th St, Brooklyn | 5,335 | 06/12/2001 | |
| 1553 40th St, Brooklyn | 2,480 | 08/15/2023 | |
| 3912 16th Ave, Brooklyn | 2,050 | 05/15/1997 | |
| 1572 39th St, Brooklyn | 2,280 | 06/20/1991 | |
| 1565 40th St, Brooklyn | 2,480 | 09/11/2012 | $950,000 |
| 3910 16th Ave, Brooklyn | 2,050 | 04/18/1972 | |
| 1579 40th St, Brooklyn | 5,335 | 03/20/2000 | |
| 3914 16th Ave, Brooklyn | 2,782 | 09/23/1981 | |
| 1564 39th St, Brooklyn | 2,280 | 09/11/2017 |
