New York City  »  11218  »  40th St  »  1148 40th St

1148 40th Street, Brooklyn, NY 11218 - Property report

Also known as: 1148 40th St

Property image for 1148 40th Street, Brooklyn, NY 11218
static Mapbox map

Property type

Two Family Frame (B2)

Year built

1901

Lot sq. ft.

1,970

Sale price

$620,000

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
1148 40th Street
ZIP code
11218
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05588-0030

Owner

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Building
Property type
Two Family Frame (B2)
Building sq. ft.
3,834
Building dimensions
19.67 ft x 65 ft
Buildings on lot
1
Stories
3
Year built
1901
Last altered
2012
Building material
Frame
Exterior wall
Composition
Basement
4
Sales
Sale date
08/29/2012
Sale price
$620,000
Tax
Tax year
2026-2027
Property tax
$9,407
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
40 Street (narrow)
Nearest wide street
12 Avenue
Distance to wide street
Lot dimensions
19.67 ft x 100.17 ft
Lot sq. ft.
1,970

Area overview

Walk score
88 /100.  Very Walkable
Transit score
90 /100.  Rider's Paradise
Bike score
72 /100.  Very Bikeable
School district
15
Community district
12
Closest police station
1.08 Miles
Closest fire station
0.09 Miles

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

Ownership information for 1148 40th Street, Brooklyn, NY

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

Sales history for 1148 40th Street, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
08/29/2012 $620,000 XXXXX, XXXXX XXXXX X X , XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/11/2022 - R
12/20/2021 - D
Mortgage
(2022010400351001)
XXXXX XXXXX XXXXXXXXX XXXX X X
11/26/2021 - R
10/29/2021 - D
Agreement
(2021111701381002)
XXXXX XXXXX XXXXXXXXX XXXX X X
11/26/2021 - R
10/29/2021 - D
Mortgage
(2021111701381001)
XXXXX XXXXX XXXXXXXXX XXXX X X
11/24/2017 - R
11/09/2017 - D
Mortgage
(2017111701300001)
XXXXX XXXXX XXXXXXXXX XXXX XX
10/31/2017 - R
10/20/2017 - D
Agreement
(2017103000502003)
XXXXX XXXXX XXXXXXXXX XXXX XX
10/31/2017 - R
10/20/2017 - D
Mortgage
(2017103000502002)
XXXXX XXXXX XXXXXXXXX XXXX XX
10/31/2017 - R
09/19/2017 - D
Assignment, Mortgage
(2017103000502001)
XXXX XX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXX XXXX XX
06/26/2015 - R
06/17/2015 - D
Deed
(2015062300993001)
XXXX XX XXXXX XXX XXXXX XXXXX
05/02/2013 - R
04/11/2013 - D
Deed
(2013041100684001)
XXXXX XXXXX XXXX XX XXXXX XXX
10/03/2012 - R
09/28/2012 - D
Certificate
(2012092800439002)
XXXXXXXX XXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1148 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
$9,407
Municipal exemptions
Recent tax assessments
Market value
$2,151,000
Assessed value
$129,060

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 $1,808,000 $108,480 $45,556 19.843% $9,040 $9,040 +2.67%
2024/25 $1,572,000 $94,320 $43,838 20.085% $8,805 $8,805 +5.88%
2023/24 $1,929,000 $115,740 $41,405 20.085% $8,316 $8,316 +2.08%
2022/23 $2,114,000 $126,840 $40,114 20.309% $8,147 $8,147 +3.31%
2021/22 $1,805,000 $108,300 $39,504 19.963% $7,886 $7,886 -1.29%
2020/21 $1,509,000 $90,540 $37,963 21.045% $7,989 $7,989 +3.32%
2019/20 $1,200,000 $72,000 $36,532 21.167% $7,733 $7,733 +51.72%
2018/19 $982,000 $58,920 $24,364 20.919% $5,097 $5,097 +7.36%
2017/18 $920,000 $55,200 $23,288 20.385% $4,747 $4,747 +4.24%
2016/17 $866,000 $51,960 $22,780 19.991% $4,554 $4,554 +8.34%

Permit information for 1148 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/20/2013 Alteration type 2
09/07/2012 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

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

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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)
0.223

Access the detailed traffic volume map for 1148 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 0.17
St. Catharine of Alexandria 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
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 0.63
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.13
St. Catharine of Alexandria NR No Private PK, K-8 0 0.17
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 0.14
West Brooklyn Community High School 3 No Public 10-12 161 0.16
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.

Frequently asked questions

What is the year built for 1148 40th Street, Brooklyn, NY 11218?

The development at 1148 40th Street, Brooklyn, NY 11218 was built in 1901.

What is the total square footage of 1148 40th Street, Brooklyn, NY 11218?

1148 40th Street, Brooklyn, NY 11218 has a total of 3,834 square feet.

When was 1148 40th Street, Brooklyn, NY 11218 last sold and what was the sale price?

1148 40th Street, Brooklyn, NY 11218 was last sold on 08/29/2012 for $620,000.

What is the assessed value of 1148 40th Street, Brooklyn, NY 11218?

1148 40th Street, Brooklyn, NY 11218 is currently assessed at $129,060.

What are the property taxes for 1148 40th Street, Brooklyn, NY 11218?

The property taxes for 1148 40th Street, Brooklyn, NY 11218 total $9,406.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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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.

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