New York City  »  11218  »  40th St  »  1120 40th St

1120 40th Street, Brooklyn, NY 11218 - Property report

Also known as: 1120 40th St

Property image for 1120 40th Street, Brooklyn, NY 11218
static Mapbox map

Property type

Three Families (C0)

Year built

1901

Lot sq. ft.

1,978

Sale price

$505,000

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
1120 40th Street
ZIP code
11218
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05588-0016

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
3,690
Building dimensions
19.75 ft x 66 ft
Buildings on lot
1
Stories
3
Year built
1901
Last altered
2015
Building material
Frame
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
07/28/2004
Sale price
$505,000
Tax
Tax year
2026-2027
Property tax
$12,296
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
19.75 ft x 100.17 ft
Lot sq. ft.
1,978

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
1.11 Miles
Closest fire station
0.12 Miles

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

Ownership

Ownership information for 1120 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 1120 40th Street, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
07/28/2004 $505,000 XXXXXXXXX, XXXX XXXXX, XXXXXX XXX XXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/22/2021 - R
03/25/2021 - D		 Mortgage
(2021041500226001)		 XXXXXXXXX XXXXXX XXXXXXXX XXXX X X
04/08/2021 - R
03/23/2021 - D		 Mortgage
(2021040500312001)		 XXXXXXXXX XXXXXX XXXX XXXXX XXXXXXXXX XXXXXXXXXXX
01/20/2011 - R
12/17/2010 - D		 Agreement
(2011011800191002)		 XXXXXXXXX XXXXXX XXXXXXXX XXXXX XXXX X X
01/20/2011 - R
12/17/2010 - D		 Mortgage
(2011011800191001)		 XXXXXXXXX XXXXXX XXXXXXXX XXXXX XXXX X X
03/09/2010 - R
02/24/2010 - D		 Satisfaction of Mortgage
(2010022401337001)		 XXXXXXXXX XXXX XXXXXXXX X X
05/30/2008 - R
05/19/2008 - D		 Deed
(2008052901387001)		 XXXXXXXXX XXXX XXXXXXXXX XXXX
11/18/2005 - R
10/14/2005 - D		 Mortgage
(2005102800124001)		 XXXXXXXXX XXXX XXXXXXXX X X
05/05/2006 - R
08/24/2005 - D		 Satisfaction of Mortgage
(2006040500605001)		 XXXXXXXXX XXXX XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
11/30/2005 - R
08/09/2005 - D		 Agreement
(2005110400342002)		 XXXXXXXXX XXXX XXXXXXXX XXXXX XXXX XX
11/30/2005 - R
08/09/2005 - D		 Mortgage
(2005110400342001)		 XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1120 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
$12,296
Municipal exemptions
Recent tax assessments
Market value
$2,410,000
Assessed value
$144,600

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 $1,833,000 $109,980 $58,357 19.843% $11,862 $11,580 +1.78%
2024/25 $1,448,000 $86,880 $56,646 20.085% $11,646 $11,377 +0.66%
2023/24 $1,509,000 $90,540 $56,275 20.085% $11,584 $11,303 -0.55%
2022/23 $1,653,000 $99,180 $55,963 20.309% $11,662 $11,366 +4.85%
2021/22 $1,479,000 $88,740 $54,299 19.963% $11,127 $10,840 +92.79%
2020/21 $1,098,000 $65,880 $26,718 21.045% $5,920 $5,623 +5.26%
2019/20 $1,126,000 $67,560 $25,236 21.167% $5,638 $5,342 +2.48%
2018/19 $1,508,000 $90,480 $24,917 20.919% $5,518 $5,212 +3.53%
2017/18 $956,000 $57,360 $24,697 20.385% $5,334 $5,034 +8.49%
2016/17 $892,000 $53,520 $23,213 19.991% $4,950 $4,641 +8.56%
Permits

Permit information for 1120 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/14/2015 Alteration type 2
08/21/2015 Alteration type 2
08/24/2004 Alteration type 2
06/23/1998 Alteration type 3

*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
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)
0.189
View subway map

Access the detailed traffic volume map for 1120 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 0.12
St. Catharine of Alexandria NR No Private PK, K-8 0 0.12
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.14
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.14
P.S. 131 6 No Public PK, K-5 583 0.17
P.S. 131 6 No Public PK, K-5 583 0.17
Mesivta Tiferes Elimelech NR No Private 0 0.21
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 0.68
St. Catharine of Alexandria NR No Private PK, K-8 0 0.12
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.14
Mesivta Tiferes Elimelech NR No Private 0 0.21
Yeshivas Boyan Tiferes Mordechai Shlomo NR No Private PK, K-8 239 0.21
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.24
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 0.11
Yeshiva Mesivta Chernobil NR No Private 9-12 74 0.12
Yeshiva Imrei Phi NR No Private 9-12 0 0.12
Kerem Shlomo NR No Private 10-11 0 0.13
Mesivta Tiferes Elimelech NR No Private 0 0.21
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.24

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

Neighbors for 1120 40th Street, Brooklyn, NY

1130 40th St, Brooklyn 1116 40th St, Brooklyn 1140 40th St, Brooklyn 1015 41st St, Brooklyn 1126 40th St, Brooklyn 1011 41st St, Brooklyn 1128 40th St, Brooklyn 1112 40th St, Brooklyn 4001-4019 Ft Hamilton Pkwy, Brooklyn 1023 41st St, Brooklyn 1132 40th St, Brooklyn 1118 40th St, Brooklyn 1019 41st St, Brooklyn 1124 40th St, Brooklyn 1134 40th St, Brooklyn 1114 40th St, Brooklyn 1122 40th St, Brooklyn 1136 40th St, Brooklyn 1138 40th St, Brooklyn 1017 41st St, Brooklyn

Nearby ZIP codes for 1120 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 1120 40th Street, Brooklyn, NY 11218?

The development at 1120 40th Street, Brooklyn, NY 11218 was built in 1901.

What is the total square footage of 1120 40th Street, Brooklyn, NY 11218?

1120 40th Street, Brooklyn, NY 11218 has a total of 3,690 square feet.

When was 1120 40th Street, Brooklyn, NY 11218 last sold and what was the sale price?

1120 40th Street, Brooklyn, NY 11218 was last sold on 07/28/2004 for $505,000.

What is the assessed value of 1120 40th Street, Brooklyn, NY 11218?

1120 40th Street, Brooklyn, NY 11218 is currently assessed at $144,600.

What are the property taxes for 1120 40th Street, Brooklyn, NY 11218?

The property taxes for 1120 40th Street, Brooklyn, NY 11218 total $12,295.

How many residential units does this building have?

This building has 3 residential unit(s).

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