New York City  »  11218  »  40th St  »  1142 40th St

1142 40th Street, Brooklyn, NY 11218 - Property report

Also known as: 1142 40th St

Property image for 1142 40th Street, Brooklyn, NY 11218
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Property type

Three Families (C0)

Year built

1901

Lot sq. ft.

1,937

Sale price

$1,704,000

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
1142 40th Street
ZIP code
11218
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05588-0027

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
2,238
Building dimensions
19.33 ft x 43 ft
Buildings on lot
1
Stories
3
Year built
1901
Building material
Frame
Exterior wall
Aluminum/Vinyl
Basement
4
Sales
Sale date
10/13/2023
Sale price
$1,704,000
Tax
Tax year
2026-2027
Property tax
$6,705
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
39 Street
Distance to wide street
Lot dimensions
19.33 ft x 100.17 ft
Lot sq. ft.
1,937

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
89 /100.  Excellent Transit
Bike score
72 /100.  Very Bikeable
School district
15
Community district
12
Closest police station
1.08 Miles
Closest fire station
0.10 Miles

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

Ownership

Ownership information for 1142 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 1142 40th Street, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
10/13/2023 $1,704,000 XXXX XXXX XXXXXX XXX XXXXXXX XX XXXXXXX, XXXXXXXXXX XXX XXX XXXXXXXXX XXXXXXXXXX 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
03/11/2025 - R
03/07/2025 - D		 Zoning Lot Description
(2025031000641002)		 XXXX XXXX XXXXXX XXX
03/11/2025 - R
03/07/2025 - D		 Certificate
(2025031000641001)		 XXXXXXX XXXXX XXXXXX XXX
10/18/2023 - R
10/13/2023 - D		 Deed
(2023101700618001)		 XXXXXXX XX XXXXXXX XXXXXXXXXX XXXX XXXX XXXXXX XXX
04/30/2012 - R
04/02/2012 - D		 Life Estate Deed
(2012042500765001)		 XXXXXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXXXXX XXXXX
12/17/2010 - R
11/24/2010 - D		 Life Estate Deed
(2010121100141001)		 XXXXXXXXXX XXXXXXX XXXXXXXXXX XXXXXXXXX
08/10/1988 - R Satisfaction of Mortgage
(3870001387487)		 XXXXXXXXXX XXXXXXX XXXXX XXXXX
07/19/1976 - R Assignment, Mortgage
(37630085901864)		 XXXXX XXXXX XXXXXXXX XXXXXX X
07/19/1976 - R Mortgage
(37630085901860)		 XXXXXXXXX XXXXXXX XXXXX XXXXX
07/19/1976 - R Deed
(37630085901858)		 XXXXX XXXXX XXXXXXXXXX XXXXXXX
12/02/1970 - R Deed
(37030045001312)		 XXXXX XXXXX X XXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1142 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
$6,705
Municipal exemptions
Recent tax assessments
Market value
$1,611,000
Assessed value
$96,660

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 $1,388,000 $83,280 $31,888 19.843% $6,328 $6,328 +4.67%
2024/25 $1,292,000 $77,520 $30,097 20.085% $6,045 $6,045 +90.93%
2023/24 $1,345,000 $80,700 $15,763 20.085% $6,045 $3,166 -1.02%
2022/23 $1,185,000 $71,100 $15,749 20.309% $6,061 $3,198 +7.37%
2021/22 $1,182,000 $70,920 $14,924 19.963% $5,622 $2,979 +1.17%
2020/21 $1,074,000 $64,440 $13,992 21.045% $5,592 $2,945 +17.50%
2019/20 $937,000 $56,220 $11,839 21.167% $5,309 $2,506 +1.61%
2018/19 $1,243,000 $74,580 $11,789 20.919% $5,247 $2,466 -44.15%
2017/18 $788,000 $47,280 $21,661 20.385% $5,070 $4,416 +164.43%
2016/17 $836,000 $50,160 $8,353 19.991% $4,691 $1,670 +11.89%
Permits

Permit information for 1142 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/12/2025 Alteration
02/17/2025 Alteration

*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)
0.215
View subway map

Access the detailed traffic volume map for 1142 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
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.13
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.13
St. Catharine of Alexandria NR No Private PK, K-8 0 0.16
St. Catharine of Alexandria NR No Private PK, K-8 0 0.16
P.S. 131 6 No Public PK, K-5 583 0.18
P.S. 131 6 No Public PK, K-5 583 0.18
Yeshivas Boyan Tiferes Mordechai Shlomo NR No Private PK, K-8 239 0.19
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 0.64
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.13
St. Catharine of Alexandria NR No Private PK, K-8 0 0.16
Yeshivas Boyan Tiferes Mordechai Shlomo NR No Private PK, K-8 239 0.19
Mesivta Tiferes Elimelech NR No Private 0 0.19
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.21
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva Mesivta Chernobil NR No Private 9-12 74 0.08
Kerem Shlomo NR No Private 10-11 0 0.12
Yeshiva Imrei Phi NR No Private 9-12 0 0.13
West Brooklyn Community High School 3 No Public 10-12 161 0.15
Mesivta Tiferes Elimelech NR No Private 0 0.19
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.21

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

Neighbors for 1142 40th Street, Brooklyn, NY

1154 40th St, Brooklyn 1160 40th St, Brooklyn 1130 40th St, Brooklyn 1150 40th St, Brooklyn 1140 40th St, Brooklyn 1126 40th St, Brooklyn 1144 40th St, Brooklyn 1156 40th St, Brooklyn 1158 40th St, Brooklyn 1128 40th St, Brooklyn 1132 40th St, Brooklyn 1148 40th St, Brooklyn 1152 40th St, Brooklyn 1162 40th St, Brooklyn 1134 40th St, Brooklyn 1124 40th St, Brooklyn 1136 40th St, Brooklyn 1122 40th St, Brooklyn 1146 40th St, Brooklyn 1138 40th St, Brooklyn

Nearby ZIP codes for 1142 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 1142 40th Street, Brooklyn, NY 11218?

The development at 1142 40th Street, Brooklyn, NY 11218 was built in 1901.

What is the total square footage of 1142 40th Street, Brooklyn, NY 11218?

1142 40th Street, Brooklyn, NY 11218 has a total of 2,238 square feet.

When was 1142 40th Street, Brooklyn, NY 11218 last sold and what was the sale price?

1142 40th Street, Brooklyn, NY 11218 was last sold on 10/13/2023 for $1,704,000.

What is the assessed value of 1142 40th Street, Brooklyn, NY 11218?

1142 40th Street, Brooklyn, NY 11218 is currently assessed at $96,660.

What are the property taxes for 1142 40th Street, Brooklyn, NY 11218?

The property taxes for 1142 40th Street, Brooklyn, NY 11218 total $6,705.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

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