New York City  »  11218  »  40th St  »  1115 40th St

1115 40th Street, Brooklyn, NY 11218 - Property report

Also known as: 1115 40th St

Property image for 1115 40th Street, Brooklyn, NY 11218
static Mapbox map

Property type

Three Families (C0)

Year built

1920

Lot sq. ft.

1,903

General information

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Address
Primary address
1115 40th Street
ZIP code
11218
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05585-0068

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
3,576
Building dimensions
20 ft x 62 ft
Buildings on lot
1
Stories
3
Year built
1920
Last altered
1983
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Tax
Tax year
2026-2027
Property tax
$9,875
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
40 Street (narrow)
Nearest wide street
Fort Hamilton Parkway
Distance to wide street
Lot dimensions
20 ft x 95.17 ft
Lot sq. ft.
1,903

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
90 /100.  Rider's Paradise
Bike score
73 /100.  Very Bikeable
School district
15
Community district
12
Closest police station
1.14 Miles
Closest fire station
0.15 Miles

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

Ownership

Ownership information for 1115 40th Street, Brooklyn, NY

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

Sales history for 1115 40th Street, Brooklyn, NY 11218

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/02/2012 - R UCC3 Termination
(2012092700744001)		 XXXXXXXXX XXXXXXX XXXX XXXX XXX XXXXXXX XX X
07/03/2012 - R Initial UCC1
(2012062601339001)		 XXXX XXXX XXXXXX XXXXXX XXX XXX XXXXXXXX XXX
07/06/2012 - R
06/18/2012 - D		 Assignment of Leases and Rents
(2012062101296003)		 XXXX XXXX XXXXXX XXXXXX XXX XXX XXXXXXXX XXX
07/06/2012 - R
06/18/2012 - D		 Mortgage
(2012062101296002)		 XXXX XXXX XXXXXX XXXXXX XXX XXX XXXXXXXX XXX
07/06/2012 - R
06/18/2012 - D		 Deed
(2012062101296001)		 XXXXXXX XXXX XXX XXXX XXXX XXXXXX XXXXXX XXX
03/01/2012 - R
02/07/2012 - D		 Deed
(2012022000308001)		 XXXXXXXXX XXXXXXX XXXXXXX XXXX XXX
02/07/2011 - R
02/05/2011 - D		 UCC3 Continuation
(2011020500063001)		 XXXXXXXXX XXXXXXX XXXX XXXX XXX X X XX X
03/02/2006 - R
01/30/2006 - D		 Initial UCC1
(2006013001409001)		 XXXXXXXXX XXXXXXX XXXX XXXX XXX XX XXX
07/21/2003 - R
05/13/2003 - D		 Satisfaction of Mortgage
(2003051602060001)		 XXXXXXX XXXX XXX
09/10/2001 - R Power of Attorney
(3300007804730)		 XXXXXXXXX XXXXXXX XXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1115 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
$9,875
Municipal exemptions
Recent tax assessments
Market value
$1,586,000
Assessed value
$95,160

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 $1,376,000 $82,560 $49,766 19.843% $9,875 $9,875 -0.45%
2024/25 $1,424,000 $85,440 $49,391 20.085% $9,920 $9,920 +6.00%
2023/24 $1,654,000 $99,240 $46,596 20.085% $9,359 $9,359 +4.83%
2022/23 $1,504,000 $90,240 $43,960 20.309% $8,928 $8,928 +7.84%
2021/22 $1,273,000 $76,380 $41,472 19.963% $8,279 $8,279 -5.14%
2020/21 $1,544,000 $92,640 $41,472 21.045% $8,728 $8,728 +0.18%
2019/20 $1,228,000 $73,680 $41,159 21.167% $8,712 $8,712 +7.25%
2018/19 $1,475,000 $88,500 $38,830 20.919% $8,123 $8,123 +8.77%
2017/18 $1,220,000 $73,200 $36,633 20.385% $7,468 $7,468 +8.09%
2016/17 $940,000 $56,400 $34,560 19.991% $6,909 $6,909 +2.23%
Permits

Permit information for 1115 40th Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
05/01/2026 A
11/19/2025 I
06/06/2025 A

*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

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)
0.207
View subway map

Access the detailed traffic volume map for 1115 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 0.56
P.S. 230 Doris L Cohen 7 Yes Public PK, K-5 969 0.56
St. Catharine of Alexandria NR No Private PK, K-8 0 0.12
St. Catharine of Alexandria NR No Private PK, K-8 0 0.12
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.17
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.17
P.S. 131 6 No Public PK, K-5 583 0.19
P.S. 131 6 No Public PK, K-5 583 0.19
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.23
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 0.70
St. Catharine of Alexandria NR No Private PK, K-8 0 0.12
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.17
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.22
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.23
Bnos Margulia Viznitz NR No Private PK-12 679 0.23
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva Imrei Phi NR No Private 9-12 0 0.09
Kerem Shlomo NR No Private 10-11 0 0.10
West Brooklyn Community High School 3 No Public 10-12 161 0.10
Yeshiva Mesivta Chernobil NR No Private 9-12 74 0.14
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.22
Bnos Margulia Viznitz - DBA of Yeshiva Imrei Chaim NR No Private PK-12 727 0.23

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

Neighbors for 1115 40th Street, Brooklyn, NY

914 40th St, Brooklyn 1119 40th St, Brooklyn 1125 40th St, Brooklyn 1123 40th St, Brooklyn 4007 9th Ave, Brooklyn 1121 40th St, Brooklyn 1133 40th St, Brooklyn 4015 9th Ave, Brooklyn 4011 9th Ave, Brooklyn 916 40th St, Brooklyn 4001 9th Ave, Brooklyn 1117 40th St, Brooklyn 918 40th St, Brooklyn 1131 40th St, Brooklyn 1135 40th St, Brooklyn 4005 9th Ave, Brooklyn 4003 9th Ave, Brooklyn 912 40th St, Brooklyn 1127 40th St, Brooklyn 1129 40th St, Brooklyn

Nearby ZIP codes for 1115 40th Street, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 1115 40th Street, Brooklyn, NY 11218?

The development at 1115 40th Street, Brooklyn, NY 11218 was built in 1920.

What is the total square footage of 1115 40th Street, Brooklyn, NY 11218?

1115 40th Street, Brooklyn, NY 11218 has a total of 3,576 square feet.

What is the assessed value of 1115 40th Street, Brooklyn, NY 11218?

1115 40th Street, Brooklyn, NY 11218 is currently assessed at $95,160.

What are the property taxes for 1115 40th Street, Brooklyn, NY 11218?

The property taxes for 1115 40th Street, Brooklyn, NY 11218 total $9,875.

How many residential units does this building have?

This building has 3 residential unit(s).

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