1168 40th Street, Brooklyn, NY 11218 Property Information
Also known as: 4002 Twelfth Ave, Brooklyn, NY 11218
1168 40th Street, Brooklyn, NY 11218 Property Information
Also known as: 4002 Twelfth Ave, Brooklyn, NY 11218
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 1168 40th Street |
| Secondary address | 4002 12th Ave |
| Neighborhood | Borough Park |
| Zip code | 11218 |
| Borough | Brooklyn |
| Block & lot | 05588-0040 |
Sales & Tax Overview for 1168 40th Street, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 09/24/2015 |
| Purchase price | $1,300,000 |
| Tax class | Register |
| Estimated property tax | $7,188 |
Lot & Building Information for 1168 40th Street, Brooklyn
| Lot sqft | 2,003 |
| Lot dimensions | |
| Building class | Primarily Two Family with One Store or Office (S2) |
| Building sqft | 3,300 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 3 |
| Year built | 1930 |
| Construction type | Register |
Area Overview
| School district | 15 |
| Community district | 12 |
| Closest police station | 1.06 Miles |
| Closest fire station | 0.09 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 1168 40th Street, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 4002 12th Ave, Brooklyn, NY 11218
About 1168 40th Street, Brooklyn
This Primarily Two Family with One Store or Office (S2) located at 1168 40th Street, Brooklyn, NY 11218 has a total of 3,300 square feet.
What is the year built & the current market value of 1168 40th Street, Brooklyn, NY 11218?1168 40th Street, Brooklyn, NY 11218 was built in 1930 and has a current tax assessor's market value of $1,277,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
Ownership Information for 1168 40th Street, Brooklyn
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Past Sales & Property History for 1168 40th Street, Brooklyn
Create a free account to view the complete sales history for 1168 40th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 09/24/2015 | $1,300,000 | Register | Register |
Title Documents for 1168 40th Street, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 1168 40th Street, Brooklyn
Access detailed property tax data for 1168 40th Street, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $6,782 |
| Estimated property tax: | $7,188 |
| Tax assessor's market value: | $1,277,000 |
| Assessed value: | $76,620 |
Assessment History for 1168 40th Street, Brooklyn
Here's the assessment & property tax history for 1168 40th Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $1,277,000 | $76,620 | $34,180 | 19.843% | $6,782 | $6,782 | +4.72% |
| 2024/25 | $1,273,000 | $76,380 | $32,246 | 20.085% | $6,477 | $6,477 | 0.00% |
| 2023/24 | $1,307,000 | $78,420 | $32,246 | 20.085% | $6,477 | $6,477 | -0.34% |
| 2022/23 | $1,273,000 | $76,380 | $31,999 | 20.309% | $6,499 | $6,499 | +7.83% |
| 2021/22 | $1,172,000 | $70,320 | $30,191 | 19.963% | $6,027 | $6,027 | +0.55% |
Permits for 1168 40th Street, Brooklyn
The complete history of permits filed for 1168 40th Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
No recorded permits for this property.
Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | New Utrecht Ave & 44th St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | D | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.252 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 39 ST/12 Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.068 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 1168 40th Street, Brooklyn
Here are the neighbors for 1168 40th Street, Brooklyn, NY 11218.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 4018 12th Ave, Brooklyn | 6,470 | 07/26/1990 | |
| 1149 41st St, Brooklyn | 2,919 | 02/20/2009 | |
| 1160 40th St, Brooklyn | 01/22/2018 | $1,625,000 | |
| 1154 40th St, Brooklyn | 2,550 | 11/30/1999 | |
| 1171 41st St, Brooklyn | 5,764 | 06/10/1999 | |
| 1153 41st St, Brooklyn | 2,544 | 03/29/2001 | |
| 1150 40th St, Brooklyn | 2,238 | 08/18/2004 | |
| 4024 12th Ave, Brooklyn | 3,600 | 06/14/2014 | $3,100,000 |
| 1141 41st St, Brooklyn | 2,056 | 05/26/2004 | |
| 1164 40th St, Brooklyn | 07/12/2016 | $990,000 | |
| 1158 40th St, Brooklyn | 2,278 | 06/25/2018 | |
| 1156 40th St, Brooklyn | 2,462 | 10/13/1970 | |
| 1155 41st St, Brooklyn | 2,544 | 04/27/1998 | |
| 1123 41st St, Brooklyn | 2,248 | 03/28/2007 | $765,000 |
| 1162 40th St, Brooklyn | 07/12/2016 | $1,610,000 | |
| 1152 40th St, Brooklyn | 2,238 | 05/21/2024 | |
| 1148 40th St, Brooklyn | 3,834 | 06/17/2015 | |
| 1137 41st St, Brooklyn | 2,288 | 11/19/1998 | |
| 1166 40th St, Brooklyn | 2,970 | 06/08/1999 | |
| 1125 41st St, Brooklyn | 3,100 | 03/02/1987 |