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979 40th Street, Brooklyn, NY 11219 Property Information

979 40th Street, Brooklyn, NY 11219 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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979 40th Street, Brooklyn, NY 11219 1
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Address

Primary address 979 40th Street
Secondary address 3914-3920 10th Ave
Neighborhood Borough Park
Zip code 11219
Borough Brooklyn
Block & lot 05583-0072

Sales & Tax Overview for 979 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 07/08/2016
Purchase price $450,000
Tax class
Estimated property tax $9,585

Lot & Building Information for 979 40th Street, Brooklyn

Lot sqft 2,340
Lot dimensions 21 ft x 95.17 ft
Building class Primarily Two Family with One Store or Office (S2) i
Building sqft 3,465
Building dimensions 21 ft x 55 ft
Buildings on lot 1
Stories 3
Year built 1930
Construction type
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Zoning & Use for 979 40th Street, Brooklyn

Zoning
Residential units (DOF) 2
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 12
Closest police station 1.01 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 979 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 979 40th Street, Brooklyn, NY 11219, 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 979 40th Street, Brooklyn, NY 11219, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 3914-3920 10th Ave, Brooklyn, NY 11219
  • 979-983 40th St, Brooklyn, NY 11219

About 979 40th Street, Brooklyn

How many sq. ft. does 979 40th Street, Brooklyn, NY 11219 have & what is the price per sq. ft?

This Primarily Two Family with One Store or Office (S2) located at 979 40th Street, Brooklyn, NY 11219 has a total of 3,465 square feet and a current price per square foot of $129.

What is the year built & the current market value of 979 40th Street, Brooklyn, NY 11219?

979 40th Street, Brooklyn, NY 11219 was built in 1930 and has a current tax assessor's market value of $1,436,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 979 40th Street, Brooklyn

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Property owner name for 979 40th Street, Brooklyn, NY 11219
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Building contacts for 979 40th Street, Brooklyn, NY 11219
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 979 40th Street, Brooklyn

Create a free account to view the complete sales history for 979 40th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/08/2016 $450,000
09/06/2011 $650,000
02/14/2005 $10
       
       
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*Here are the three most recent sales for this property.

Title Documents for 979 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
11/15/2021 - R UCC3 Continuation
(2021111500146001)
04/26/2017 - D
05/15/2017 - R
Assignment of Leases and Rents
(2017051201265002)
04/26/2017 - D
05/15/2017 - R
Mortgage
(2017051201265001)
04/26/2017 - R Initial UCC1
(2017042600891001)
07/08/2016 - D
07/27/2016 - R
Deed
(2016072100970001)
07/24/2015 - D
08/26/2015 - R
Termination of Assign of L&R
(2015072901495001)
07/24/2015 - D
08/07/2015 - R
Satisfaction of Mortgage
(2015072901449001)
09/08/2014 - D
10/06/2014 - R
Agreement
(2014091500492001)
11/23/2011 - D
01/18/2012 - R
Discharge of Tax Lien
(2011120901071001)
09/06/2011 - D
09/27/2011 - R
Assignment of Leases and Rents
(2011090800692003)
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R: Recorded date
D: Document date

Property Taxes for 979 40th Street, Brooklyn

Access detailed property tax data for 979 40th Street, Brooklyn, NY 11219. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $9,043
Estimated property tax: $9,585
Tax assessor's market value: $1,436,000
Assessed value: $86,160

Assessment History for 979 40th Street, Brooklyn

Here's the assessment & property tax history for 979 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 $1,436,000 $86,160 $45,574 19.843% $9,043 $9,043 +4.72%
2024/25 $1,432,000 $85,920 $42,996 20.085% $8,636 $8,636 0.00%
2023/24 $1,266,000 $75,960 $42,996 20.085% $8,636 $8,636 -0.34%
2022/23 $1,357,000 $81,420 $42,668 20.309% $8,665 $8,665 +7.83%
2021/22 $1,246,000 $74,760 $40,255 19.963% $8,036 $8,036 +0.54%

Permits for 979 40th Street, Brooklyn

The complete history of permits filed for 979 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
09/16/2011 Alteration type 2
         
         
         
         
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Brooklyn Commercial Market Stats

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.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% 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 9th Ave & New Utrecht Ave at NE Corner
Station lines D
Distance (miles) 0.15
View subway map
Bus Routes
Name 39 ST/10 Av
Line B35
Distance (miles) 0.041

Neighbors for 979 40th Street, Brooklyn

Here are the neighbors for 979 40th Street, Brooklyn, NY 11219.

Address Square feet Purchase date Purchase price
975 40th St, Brooklyn 2,000 06/25/2024
1006 39th St, Brooklyn 4,320 08/17/2005
960 39th St, Brooklyn 3,000 12/02/2022
958 39th St, Brooklyn 3,000 02/19/2013 $705,000
963 40th St, Brooklyn 1,620 10/31/2002
984 39th St, Brooklyn 4,920 09/09/2002
982 39th St, Brooklyn 3,240 01/14/1989
964 39th St, Brooklyn 1,760 03/22/2007 $300,000
962 39th St, Brooklyn 1,760 07/03/2008 $545,000
972 39th St, Brooklyn 3,000 12/06/2021
971 40th St, Brooklyn 2,000 05/18/2006
954 39th St, Brooklyn 1,380 12/01/2004 $650,000
973 40th St, Brooklyn 2,000 05/08/2024
967 40th St, Brooklyn 1,776 02/27/2013 $680,000
1002 39th St, Brooklyn 4,460 08/17/2005
974 39th St, Brooklyn 4,540 07/18/2019 $2,500,000
977 40th St, Brooklyn 2,256 08/21/2019
969 40th St, Brooklyn 2,000 09/09/2022
965 40th St, Brooklyn 2,904 03/15/2011
978 39th St, Brooklyn 3,420 07/18/2019 $2,500,000
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