New York City  »  11218  »  40th St  »  1571 40th St

1571 40th Street, Brooklyn, NY 11218 Property Information

1571 40th Street, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Photo & Map Show Hide

1571 40th Street, Brooklyn, NY 11218 1
static Mapbox map

Address

Primary address 1571 40th Street
Secondary address 1571 Garage 40th St
Neighborhood Borough Park
Zip code 11218
Borough Brooklyn
Block & lot 05365-0048

Sales & Tax Overview for 1571 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 07/07/2021
Purchase price $1,400,000
Tax class
Estimated property tax $9,982

Lot & Building Information for 1571 40th Street, Brooklyn

Lot sqft 2,379
Lot dimensions 25 ft x 95.17 ft
Building class Two Family Brick (B1)
Building sqft 2,480
Building dimensions 20 ft x 62 ft
Buildings on lot 2
Stories 2
Structure type Old style
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1930
Frontage(s) 40 Street (narrow)
Nearest wide street 39 Street
Distance to wide street
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now

Zoning & Use for 1571 40th Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 12
Closest police station 0.54 Miles
Closest fire station 0.58 Miles

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

Other Property Data for 1571 40th Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 1571 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 1571 40th Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 1571 Garage 40th St, Brooklyn, NY 11218

About 1571 40th Street, Brooklyn

What is the year built & the total sq. ft. for 1571 40th Street, Brooklyn, NY 11218?

1571 40th Street, Brooklyn, NY 11218 was built in 1930 and has a total of 2,480 square feet.

What is the assessed value of 1571 40th Street, Brooklyn, NY 11218 and the property tax paid?

Assessed at $108,420, the tax amount paid for 1571 40th Street, Brooklyn, NY 11218 is $9,452. For the next year, the tax amount for 1571 40th Street, Brooklyn, NY 11218 is estimated at $9,982.

When was 1571 40th Street, Brooklyn, NY 11218 last sold and what was the last sale price?

1571 40th Street, Brooklyn, NY 11218 was last sold in 07/07/2021 for $1,400,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 1571 40th Street, Brooklyn

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.

Property owner name for 1571 40th Street, Brooklyn, NY 11218
Find out who owns 1571 40th Street, Brooklyn, NY 11218.
Sign Up
Building contacts for 1571 40th Street, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
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.
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Past Sales & Property History for 1571 40th Street, Brooklyn

Create a free account to view the complete sales history for 1571 40th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/07/2021 $1,400,000

Title Documents for 1571 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
06/08/2023 - R Initial UCC1
(2023060800030001)
07/07/2021 - D
08/19/2021 - R
Mortgage
(2021071600317002)
07/07/2021 - D
08/19/2021 - R
Deed
(2021071600317001)
09/20/2000 - R Deed
(3930007338593)
10/01/1991 - R Satisfaction of Mortgage
(3510001641651)
08/25/1971 - R Mortgage
(37130050301037)
08/25/1971 - R Deed
(37130050301033)
Unlock title documents, including buyer and seller information (when available).
Sign up

R: Recorded date
D: Document date

Property Taxes for 1571 40th Street, Brooklyn

Access detailed property tax data for 1571 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: $9,452
Estimated property tax: $9,982
Tax assessor's market value: $1,807,000
Assessed value: $108,420

Assessment History for 1571 40th Street, Brooklyn

Here's the assessment & property tax history for 1571 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 $1,807,000 $108,420 $47,636 19.843% $9,452 $9,452 +4.72%
2024/25 $1,528,000 $91,680 $44,940 20.085% $9,026 $9,026 +6.00%
2023/24 $1,390,000 $83,400 $42,398 20.085% $8,516 $8,516 -1.10%
2022/23 $1,138,000 $68,280 $42,398 20.309% $8,611 $8,611 +2.89%
2021/22 $1,168,000 $70,080 $41,921 19.963% $8,369 $8,369 +0.18%

Permits for 1571 40th Street, Brooklyn

The complete history of permits filed for 1571 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.

Filing date Job type Job status Job description Initial cost
05/25/2023 Alteration
         
         
         
         
Unlock the complete permit history for 1571 40th Street, Brooklyn with a free account.
Sign up

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
$1,200,000
28.3% YoY
Median Price/Sqft
$929
17.4% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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) 0.116
View subway map
Bus Routes
Name MC Donald Av/Cortelyou Rd
Line B69
Distance (miles) 0.142

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 0.28
P.S. 164 Caesar Rodney 7 Yes Public PK, K-5 509 0.28
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.03
Yeshiva Derech Chaim NR No Private 0 0.05
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.07

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 0.14
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.03
Yeshiva Derech Chaim NR No Private 0 0.05
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.07
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.11

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Yeshiva Derech Chaim NR No Private 0 0.05
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.07
Yeshiva Shaarei Yosher NR No Private 9-12 101 0.08
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.11
Urban Assembly School for Leadership and Empowerment 7 No Public 6-12 495 0.14

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 1571 40th Street, Brooklyn

Here are the neighbors for 1571 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
1561 40th St, Brooklyn 5,040 02/17/1999
1559 40th St, Brooklyn 2,480 06/08/2010
1575 40th St, Brooklyn 5,335 06/28/1985
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
1573 40th St, Brooklyn 5,335 06/12/2001
1553 40th St, Brooklyn 2,480 08/15/2023
1549 40th St, Brooklyn 2,480 08/15/2023
1547 40th St, Brooklyn 2,480 11/01/2006
3912 16th Ave, Brooklyn 2,050 05/15/1997
1565 40th St, Brooklyn 2,480 09/11/2012 $950,000
3910 16th Ave, Brooklyn 2,050 04/18/1972
1541 40th St, Brooklyn 5,086 04/09/1996
1537 40th St, Brooklyn 3,844 03/23/2022 $2,560,000
1583 40th St, Brooklyn 2,880 03/29/2018 $1,070,000
1579 40th St, Brooklyn 5,335 03/20/2000
3914 16th Ave, Brooklyn 2,782 09/23/1981
Not sure if we cover all the data-points you need? View sample full report View sample full report