New York City  »  11219  »  40th St  »  1059 40th St

1059 40th Street, Brooklyn, NY 11219 - Property report

Also known as: 1059 40th St

Property image for 1059 40th Street, Brooklyn, NY 11219
static Mapbox map

Property type

Two Family Frame (B2)

Year built

1910

Lot sq. ft.

1,713

Sale price

$900,000

General information

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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
1059 40th Street
ZIP code
11219
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05584-0049

Owner

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Building
Property type
Two Family Frame (B2)
Building sq. ft.
1,704
Building dimensions
18 ft x 40 ft
Buildings on lot
1
Stories
2
Year built
1910
Last altered
2019
Building material
Frame
Exterior wall
Artificial MS
Basement
4
Sales
Sale date
11/30/2018
Sale price
$900,000
Tax
Tax year
2026-2027
Property tax
$8,156
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
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
18 ft x 95.17 ft
Lot sq. ft.
1,713

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
88 /100.  Excellent Transit
Bike score
73 /100.  Very Bikeable
School district
15
Community district
12
Closest police station
1.12 Miles
Closest fire station
0.20 Miles

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

Ownership information for 1059 40th Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1059 40th Street, Brooklyn, NY 11219

Sale date Sale price Buyer name Seller name
11/30/2018 $900,000 XXXX, XX XXX XXX XX, XXXX XXX XXXXX, XXXXXXX XXXXXX XXX XXXXX, XXXXXXXXX XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/04/2020 - R
03/13/2020 - D
Assignment, Mortgage
(2020050400156001)
XXXXXXXX XXXX X X XXXX XX XXXXXXX XXX XXXXXXXX XXXX X X
06/06/2019 - R
05/31/2019 - D
Sundry Agreement
(2019053100932001)
XXXX XX XXX
12/14/2018 - R
11/30/2018 - D
Mortgage
(2018121400373003)
XXXX XX XXX XXXXXXXX XXXX X X
12/14/2018 - R
11/30/2018 - D
Deed
(2018121400373002)
XXXXX XXXXXXX XXXXXX XXXX XX XXX
12/14/2018 - R
11/26/2018 - D
Power of Attorney
(2018121400373001)
XX XXXX XXX XXXX XX XXX
05/18/2018 - R
05/07/2018 - D
Deed
(2018051600337001)
XXXXX XXXXXXXXX XXXXXX XXXXX XXXXXXX XXXXXX
02/05/2018 - R
01/17/2018 - D
Life Estate Deed
(2018020200490001)
XXXXX XXXXX XXXX XXXXX XXXXXXXXX XXXXXX
11/13/2009 - R
10/20/2009 - D
Satisfaction of Mortgage
(2009111000883001)
XXXXX XXXXX XXXX XXXXX XXXXXX XXXXXXX
10/17/1994 - R Mortgage
(3410004473841)
XXXXX XXXXX XXXX XXXXXX XXXXXXX XXXXX
10/17/1994 - R
09/16/1994 - D
Deed
(3660004474066)
XXXXX XXXXXXXXX XXXXX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1059 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
$8,156
Municipal exemptions
Recent tax assessments
Market value
$1,357,000
Assessed value
$81,420

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 $1,032,000 $61,920 $39,483 19.843% $7,835 $7,835 +3.39%
2024/25 $1,193,000 $71,580 $37,728 20.085% $7,578 $7,578 +3.55%
2023/24 $1,067,000 $64,020 $36,436 20.085% $7,318 $7,318 +2.52%
2022/23 $1,135,000 $68,100 $35,149 20.309% $7,138 $7,138 +4.39%
2021/22 $1,048,000 $62,880 $34,253 19.963% $6,838 $6,838 +24.10%
2020/21 $929,000 $55,740 $26,183 21.045% $5,510 $5,510 +5.30%
2019/20 $874,000 $52,440 $24,721 21.167% $5,233 $5,233 +192.15%
2018/19 $1,017,000 $61,020 $8,562 20.919% $4,946 $1,791 -48.63%
2017/18 $902,000 $54,120 $17,105 20.385% $4,601 $3,487 +7.26%
2016/17 $784,000 $47,040 $16,262 19.991% $4,363 $3,251 -17.85%

Permit information for 1059 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/24/2019 Alteration
03/22/2019 Alteration
02/28/2019 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Sunset Park residential market stats

Access a detailed real estate market overview of Sunset Park so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Sunset Park and compare it to other neighborhoods in Brooklyn.

Median sale price

$545,000

-2.7% Y-o-Y

Median price/sq. ft.

$806

-6.6% 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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
New Utrecht Ave & 44th St at NE Corner
Station lines
D
Distance (miles)
0.184

Access the detailed traffic volume map for 1059 40th Street, Brooklyn, NY 11219 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. 131 6 Yes Public PK, K-5 583 0.19
P.S. 131 6 Yes Public PK, K-5 583 0.19
St. Catharine of Alexandria NR No Private PK, K-8 0 0.07
St. Catharine of Alexandria NR No Private PK, K-8 0 0.07
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.16
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.16
Bnos Margulia Viznitz NR No Private PK-12 679 0.16
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 0.77
St. Catharine of Alexandria NR No Private PK, K-8 0 0.07
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.16
Bnos Margulia Viznitz NR No Private PK-12 679 0.16
Bais Brocho of Karlin Stolin NR No Private K-12 0 0.21
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.21
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
West Brooklyn Community High School 3 No Public 10-12 161 0.05
Yeshiva Imrei Phi NR No Private 9-12 0 0.10
Kerem Shlomo NR No Private 10-11 0 0.15
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.16
Bnos Margulia Viznitz NR No Private PK-12 679 0.16
Yeshiva Mesivta Chernobil NR No Private 9-12 74 0.21

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

Frequently asked questions

What is the year built for 1059 40th Street, Brooklyn, NY 11219?

The development at 1059 40th Street, Brooklyn, NY 11219 was built in 1910.

What is the total square footage of 1059 40th Street, Brooklyn, NY 11219?

1059 40th Street, Brooklyn, NY 11219 has a total of 1,704 square feet.

When was 1059 40th Street, Brooklyn, NY 11219 last sold and what was the sale price?

1059 40th Street, Brooklyn, NY 11219 was last sold on 11/30/2018 for $900,000.

What is the assessed value of 1059 40th Street, Brooklyn, NY 11219?

1059 40th Street, Brooklyn, NY 11219 is currently assessed at $81,420.

What are the property taxes for 1059 40th Street, Brooklyn, NY 11219?

The property taxes for 1059 40th Street, Brooklyn, NY 11219 total $8,156.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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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.

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