New York City » 11218 » 40th St » 1112 40th St

1112 40th Street, Brooklyn, NY 11218 - Property report

Also known as: 1112 40th St

Property image for 1112 40th Street, Brooklyn, NY 11218

Property type

Three Families (C0)

Year built

1899

Lot sq. ft.

2,003

Sale price

$1,350,000

General information

Address

Primary address

1112 40th Street

ZIP code

11218

Neighborhood

Borough Park

Borough

Brooklyn

Block & lot

05588-0012

Building

Property type

Three Families (C0)

Building sq. ft.

2,580

Building dimensions

20 ft x 43 ft

Buildings on lot

Stories

Year built

1899

Building material

Frame

Exterior wall

Aluminum/Vinyl

Basement

Sales

Sale date

06/16/2021

Sale price

$1,350,000

Tax

Tax year

2026-2027

Property tax

$8,547

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

Fort Hamilton Parkway

Distance to wide street

Lot dimensions

20 ft x 100.17 ft

Lot sq. ft.

2,003

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

90 /100. Rider's Paradise

Bike score

73 /100. Very Bikeable

School district

Community district

Closest police station

1.12 Miles

Closest fire station

0.13 Miles

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

Ownership

Ownership information for 1112 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 1112 40th Street, Brooklyn, NY 11218

Sale date	Sale price	Buyer name	Seller name
06/16/2021	$1,350,000	XXXXXXXX, XXX	XXXX XXX XXXXXXXX XXX XXX
03/11/2019	$1,000,000	XXXX XXX XXXXXXXX XXX XXX	XXXXX, XXX. , XX XXXXXXX, XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/02/2021 - R 08/16/2021 - D	Satisfaction of Mortgage (2021082501477001)	XXXX XXXXXX XXXXXXXX XXX XXX X XXX XXXX XXXXXXX	XXXX XXXXXX XXX XXXXXX XXXX X XXXXXXXX XXXXXXX
09/12/2023 - R 06/16/2021 - D	Correction Mortgage (2023090700802001)	XXXXXXXX XXX	XXXX XXX
07/01/2021 - R 06/16/2021 - D	Mortgage (2021062400261002)	XXXXXXXX XXX	XXXX XXX
07/01/2021 - R 06/16/2021 - D	Deed (2021062400261001)	XXXX XXX XXXXXXXX XXX XXX	XXXXXXXX XXX
03/18/2019 - R 03/11/2019 - D	Mortgage (2019031400355002)	XXXX XXX XXXXXXXX XXX XXX	XXXX XXXXXX XXX XXXXXX XXXX
03/18/2019 - R 03/11/2019 - D	Deed (2019031400355001)	XXXXX XXX XX XXXXXXX XXXX	XXXX XXX XXXXXXXX XXX XXX
02/03/2017 - R 11/29/2016 - D	Assignment, Mortgage (2017020201111001)	XX XXXXX XXXXX	XXX XXXXXXXX XXXXXXXX XXX
09/14/2016 - R 08/26/2016 - D	Assignment, Mortgage (2016091300637001)	X X XXXX XXXXX XXXXXXXX XXXXXXXXXXX	XX XXXXX XXXXX
02/13/2014 - R 01/10/2014 - D	Assignment, Mortgage (2014021200476001)	XXX XXXXXXXX XXXXX XXX	XX XXXX XXXXX XXXXXXXX XXXXXXXXXXX
02/11/2014 - R 12/13/2013 - D	Assignment, Mortgage (2014021001382001)	XXX XXX XX XXXXX XXX	XXX XXXXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1112 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

$8,547

Municipal exemptions

Recent tax assessments

Market value

$1,825,000

Assessed value

$109,500

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	$1,663,000	$99,780	$43,071	19.843%	$8,547	$8,547	-0.46%
2024/25	$1,579,000	$94,740	$42,747	20.085%	$8,586	$8,586	+4.65%
2023/24	$1,529,000	$91,740	$40,849	20.085%	$8,205	$8,205	+3.43%
2022/23	$1,283,000	$76,980	$39,057	20.309%	$7,932	$7,932	+38.62%
2021/22	$1,146,000	$68,760	$28,663	19.963%	$5,722	$5,722	-5.14%
2020/21	$1,389,000	$83,340	$28,663	21.045%	$6,032	$6,032	+0.37%
2019/20	$1,340,000	$80,400	$28,393	21.167%	$6,010	$6,010	+21.98%
2018/19	$1,366,000	$81,960	$23,552	20.919%	$5,609	$4,927	+9.32%
2017/18	$866,000	$51,960	$22,108	20.385%	$5,161	$4,507	+9.94%
2016/17	$884,000	$53,040	$20,506	19.991%	$4,775	$4,099	+2.53%

Permits

Permit information for 1112 40th Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations 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)

0.18

View subway map

Access the detailed traffic volume map for 1112 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	0.58
P.S. 230 Doris L Cohen	7	Yes	Public	PK, K-5	969	0.58
St. Catharine of Alexandria	NR	No	Private	PK, K-8	0	0.11
St. Catharine of Alexandria	NR	No	Private	PK, K-8	0	0.11
Bais Ymkov Migeh Schoenberger	NR	No	Private	PK, K-8	0	0.15
Bais Ymkov Migeh Schoenberger	NR	No	Private	PK, K-8	0	0.15
P.S. 131	6	No	Public	PK, K-5	583	0.16
P.S. 131	6	No	Public	PK, K-5	583	0.16
Mesivta Tiferes Elimelech	NR	No	Private		0	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	0.70
St. Catharine of Alexandria	NR	No	Private	PK, K-8	0	0.11
Bais Ymkov Migeh Schoenberger	NR	No	Private	PK, K-8	0	0.15
Mesivta Tiferes Elimelech	NR	No	Private		0	0.22
Yeshivas Boyan Tiferes Mordechai Shlomo	NR	No	Private	PK, K-8	239	0.22
Bnos Margulia Viznitz	NR	No	Private	PK-12	679	0.22

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	0.09
Yeshiva Imrei Phi	NR	No	Private	9-12	0	0.11
Yeshiva Mesivta Chernobil	NR	No	Private	9-12	74	0.13
Kerem Shlomo	NR	No	Private	10-11	0	0.13
Mesivta Tiferes Elimelech	NR	No	Private		0	0.22
Bnos Margulia Viznitz	NR	No	Private	PK-12	679	0.22

Frequently asked questions

What is the year built for 1112 40th Street, Brooklyn, NY 11218?

The development at 1112 40th Street, Brooklyn, NY 11218 was built in 1899.

What is the total square footage of 1112 40th Street, Brooklyn, NY 11218?

1112 40th Street, Brooklyn, NY 11218 has a total of 2,580 square feet.

When was 1112 40th Street, Brooklyn, NY 11218 last sold and what was the sale price?

1112 40th Street, Brooklyn, NY 11218 was last sold on 06/16/2021 for $1,350,000.

What is the assessed value of 1112 40th Street, Brooklyn, NY 11218?

1112 40th Street, Brooklyn, NY 11218 is currently assessed at $109,500.

What are the property taxes for 1112 40th Street, Brooklyn, NY 11218?

The property taxes for 1112 40th Street, Brooklyn, NY 11218 total $8,546.

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.