New York City » 11218 » 40th St » 1159 40th St

1159 40th Street, Brooklyn, NY 11218 - Property report

Also known as: 1159 40th St

Property image for 1159 40th Street, Brooklyn, NY 11218

Property type

Three Families (C0)

Year built

1920

Lot sq. ft.

1,880

General information

Address

Primary address

1159 40th Street

ZIP code

11218

Neighborhood

Borough Park

Borough

Brooklyn

Block & lot

05585-0046

Building

Property type

Three Families (C0)

Building sq. ft.

2,280

Building dimensions

19.75 ft x 38 ft

Buildings on lot

Stories

Year built

1920

Building material

Frame

Exterior wall

Aluminum/Vinyl

Basement

Tax

Tax year

2026-2027

Property tax

$6,862

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

40 Street (narrow)

Nearest wide street

39 Street

Distance to wide street

Lot dimensions

19.75 ft x 95.17 ft

Lot sq. ft.

1,880

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

92 /100. Rider's Paradise

Bike score

72 /100. Very Bikeable

School district

Community district

Closest police station

1.09 Miles

Closest fire station

0.12 Miles

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

Ownership

Ownership information for 1159 40th Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1159 40th Street, Brooklyn, NY 11218

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/17/2019 - R 04/26/2019 - D	Satisfaction of Mortgage (2019042900807001)	XXXXXXX XXXXXX	XX XXXX X X
07/26/2022 - R 02/28/2019 - D	Mortgage (2022072100411001)	XXXXXXX XXXXXX	XX XXXX XX
11/14/2016 - R 10/31/2016 - D	Agreement (2016110900813002)	XXXXXXX XXXXXX	XX XXXX X X
11/14/2016 - R 10/13/2016 - D	Mortgage (2016110900813001)	XXXXXXX XXXXXX	XX XXXX X X
11/14/2012 - R 10/24/2012 - D	Subordination of Mortgage (2012110700219004)	XX XXXX XX	XX XXXX XX
11/14/2012 - R 10/24/2012 - D	Agreement (2012110700219003)	XXXXXXX XXXXXX	XX XXXXXX XXXXX XXXX XX
11/14/2012 - R 10/24/2012 - D	Mortgage (2012110700219002)	XXXXXXX XXXXXX	XX XXXXXX XXXXX XXXX XX
11/14/2012 - R 08/07/2012 - D	Assignment, Mortgage (2012110700219001)	XXX XXXXXXXX XXXXXXX XXX	XX XXXXXX XXXXX XXXX XX
08/31/2011 - R 08/17/2011 - D	Satisfaction of Mortgage (2011082400322001)	XXXXXXX XXXXXX	XX XXXX X X
11/10/2011 - R 07/28/2011 - D	Mortgage (2011082200260001)	XXXXXXX XXXXXX	XX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1159 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

$6,862

Municipal exemptions

Recent tax assessments

Market value

$1,494,000

Assessed value

$89,640

More about New York City property taxes

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	$1,461,000	$87,660	$34,551	19.843%	$7,138	$6,856	+4.62%
2024/25	$1,282,000	$76,920	$32,626	20.085%	$6,822	$6,553	+1.08%
2023/24	$1,307,000	$78,420	$32,279	20.085%	$6,764	$6,483	+5.29%
2022/23	$1,048,000	$62,880	$30,318	20.309%	$6,454	$6,157	+8.04%
2021/22	$1,148,000	$68,880	$28,546	19.963%	$5,986	$5,699	-5.20%
2020/21	$1,153,000	$69,180	$28,566	21.045%	$6,308	$6,012	+5.56%
2019/20	$975,000	$58,500	$26,905	21.167%	$5,991	$5,695	+2.32%
2018/19	$976,000	$58,560	$26,606	20.919%	$5,871	$5,566	+9.16%
2017/18	$847,000	$50,820	$25,012	20.385%	$5,398	$5,099	+8.82%
2016/17	$862,000	$51,720	$23,438	19.991%	$4,995	$4,685	+2.40%

Permits

Permit information for 1159 40th Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
02/25/2005	Alteration type 1
01/02/2002	Alteration type 1
05/25/2001	Alteration type 1
05/25/2001	Alteration type 1
05/24/2001	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	03/16/2022	I
	04/21/2021	I
	11/02/2016	I

*Most recent HPD violations on record for this property.

Neighborhood

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

$999,000

-0.1% Y-o-Y

Median price/sq. ft.

$858

7.4% 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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

New Utrecht Ave & 44th St at NE Corner

Station lines

Distance (miles)

0.257

View subway map

Access the detailed traffic volume map for 1159 40th Street, Brooklyn, NY 11218 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. 230 Doris L Cohen	7	Yes	Public	PK, K-5	969	0.52
P.S. 230 Doris L Cohen	7	Yes	Public	PK, K-5	969	0.52
Bais Ymkov Migeh Schoenberger	NR	No	Private	PK, K-8	0	0.16
Bais Ymkov Migeh Schoenberger	NR	No	Private	PK, K-8	0	0.16
St. Catharine of Alexandria	NR	No	Private	PK, K-8	0	0.20
St. Catharine of Alexandria	NR	No	Private	PK, K-8	0	0.20
Yeshivas Boyan Tiferes Mordechai Shlomo	NR	No	Private	PK, K-8	239	0.21
P.S. 131	6	No	Public	PK, K-5	583	0.22
P.S. 131	6	No	Public	PK, K-5	583	0.22

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	0.62
Bais Ymkov Migeh Schoenberger	NR	No	Private	PK, K-8	0	0.16
Mesivta Nesivos Hatalmud	NR	No	Private	8-12	115	0.17
St. Catharine of Alexandria	NR	No	Private	PK, K-8	0	0.20
Yeshivas Boyan Tiferes Mordechai Shlomo	NR	No	Private	PK, K-8	239	0.21
Mesivta Tiferes Elimelech	NR	No	Private		0	0.22

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Yeshiva Mesivta Chernobil	NR	No	Private	9-12	74	0.10
Kerem Shlomo	NR	No	Private	10-11	0	0.10
Yeshiva Imrei Phi	NR	No	Private	9-12	0	0.13
Mesivta Nesivos Hatalmud	NR	No	Private	8-12	115	0.17
West Brooklyn Community High School	3	No	Public	10-12	161	0.18
Mesivta Tiferes Elimelech	NR	No	Private		0	0.22

Frequently asked questions

What is the year built for 1159 40th Street, Brooklyn, NY 11218?

The development at 1159 40th Street, Brooklyn, NY 11218 was built in 1920.

What is the total square footage of 1159 40th Street, Brooklyn, NY 11218?

1159 40th Street, Brooklyn, NY 11218 has a total of 2,280 square feet.

What is the assessed value of 1159 40th Street, Brooklyn, NY 11218?

1159 40th Street, Brooklyn, NY 11218 is currently assessed at $89,640.

What are the property taxes for 1159 40th Street, Brooklyn, NY 11218?

The property taxes for 1159 40th Street, Brooklyn, NY 11218 total $6,862.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.