New York City  »  11218  »  40th St  »  1206 40th St

1206 40th Street, Brooklyn, NY 11218 - Property report

Also known as: 1206 40th St

Property image for 1206 40th Street, Brooklyn, NY 11218
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Property type

Three Families (C0)

Year built

2002

Lot sq. ft.

1,937

Sale price

$995,000

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
1206 40th Street
ZIP code
11218
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05589-0010

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
4,200
Building dimensions
20 ft x 70 ft
Buildings on lot
1
Stories
3
Year built
2002
Building material
Frame
Exterior wall
Combination
Basement
4
Sales
Sale date
09/10/2013
Sale price
$995,000
Tax
Tax year
2026-2027
Property tax
$16,027
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
12 Avenue
Distance to wide street
Lot dimensions
19.33 ft x 100.17 ft
Lot sq. ft.
1,937

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
92 /100.  Rider's Paradise
Bike score
71 /100.  Very Bikeable
School district
15
Community district
12
Closest police station
1.04 Miles
Closest fire station
0.09 Miles

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

Ownership

Ownership information for 1206 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 1206 40th Street, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
09/10/2013 $995,000 XXXX, XXXXX XXXXXX, 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
09/09/2022 - R
06/10/2022 - D		 Mortgage
(2022072000762001)		 XXXX XXXXXX XXX XXXX XX
06/21/2021 - R
10/15/2020 - D		 Agreement
(2021061601310001)		 XXXX XXXXXX XXXX XXXXX XXXXXXXXX XXXXXXXXXXX
11/17/2020 - R
10/15/2020 - D		 Mortgage
(2020111100610002)		 XXXX XXXXXX XXXX XXXXX XXXXXXXXX XXXXXXXXXXX
11/17/2020 - R
10/15/2020 - D		 Deed
(2020111100610001)		 XXXX XXXXX XXXX XXXXXX
06/21/2021 - R
10/09/2020 - D		 Subordination of Mortgage
(2021061601310002)		 XXXXXX XXXXXXX XXXXXX XXXXX XXXX XXXXX XXXXXXXXX XXXXXXXXXXX
02/09/2021 - R
10/07/2020 - D		 Assignment, Mortgage
(2021020401162002)		 XXX XXXXXXXX X XXXXXXXX XX XXX XXXX XXXXXXXX XXX XXXX XXXXX XXXXXXXXX XXXXXXXXXXX
02/09/2021 - R
10/07/2020 - D		 Assignment, Mortgage
(2021020401162001)		 XXXX XXX XXXXXXXX X XXXXXXXX XX XXX XXXX XXXXXXXX XXX
09/01/2016 - R
06/17/2016 - D		 Mortgage
(2016060601040001)		 XXXX XXXXX XXXXXX XXXXXXX XXXXXX XXXXX
08/18/2014 - R
08/07/2014 - D		 Satisfaction of Mortgage
(2014080701442001)		 XXXXXX XXXX XXXXXXXX X X
12/30/2013 - R
12/16/2013 - D		 Satisfaction of Mortgage
(2013121601052001)		 XXXXXX XXXX XXX XXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1206 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
$16,027
Municipal exemptions
Recent tax assessments
Market value
$2,597,000
Assessed value
$155,820

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 $1,975,000 $118,500 $79,894 19.843% $15,853 $15,853 +4.72%
2024/25 $2,323,000 $139,380 $75,372 20.085% $15,138 $15,138 +6.00%
2023/24 $2,379,000 $142,740 $71,107 20.085% $14,282 $14,282 +1.11%
2022/23 $2,166,000 $129,960 $69,552 20.309% $14,125 $14,125 +5.13%
2021/22 $1,805,000 $108,300 $67,306 19.963% $13,436 $13,436 -4.11%
2020/21 $2,172,000 $130,320 $66,578 21.045% $14,011 $14,011 +5.39%
2019/20 $1,727,000 $103,620 $62,810 21.167% $13,295 $13,295 +7.25%
2018/19 $1,193,000 $71,580 $59,256 20.919% $12,396 $12,396 +4.91%
2017/18 $1,165,000 $69,900 $57,960 20.385% $11,815 $11,815 +5.37%
2016/17 $1,052,000 $63,120 $56,088 19.991% $11,213 $11,213 +3.35%
Permits

Permit information for 1206 40th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/21/2002 Alteration type 2

*Most recent permit on record 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

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)
0.276
View subway map

Access the detailed traffic volume map for 1206 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 0.53
P.S. 230 Doris L Cohen 7 Yes Public PK, K-5 969 0.53
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
Yeshivas Boyan Tiferes Mordechai Shlomo NR No Private PK, K-8 239 0.18
Yeshivas Boyan Tiferes Mordechai Shlomo NR No Private PK, K-8 239 0.18
Mesivta Tiferes Elimelech NR No Private 0 0.19
P.S. 131 6 No Public PK, K-5 583 0.23
P.S. 131 6 No Public PK, K-5 583 0.23
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 0.57
Bais Ymkov Migeh Schoenberger NR No Private PK, K-8 0 0.15
Yeshivas Boyan Tiferes Mordechai Shlomo NR No Private PK, K-8 239 0.18
Mesivta Tiferes Elimelech NR No Private 0 0.19
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.19
Talmud Torah Ohel Yochanan School NR No Private PK-8 791 0.23
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva Mesivta Chernobil NR No Private 9-12 74 0.07
Kerem Shlomo NR No Private 10-11 0 0.15
Yeshiva Imrei Phi NR No Private 9-12 0 0.19
Mesivta Tiferes Elimelech NR No Private 0 0.19
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.19
West Brooklyn Community High School 3 No Public 10-12 161 0.23

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

Neighbors for 1206 40th Street, Brooklyn, NY

4001 12th Ave, Brooklyn 4019 12th Ave, Brooklyn 1214 40th St, Brooklyn 1220 40th St, Brooklyn 1226 40th St, Brooklyn 1222 40th St, Brooklyn 1228 40th St, Brooklyn 1204 40th St, Brooklyn 4017 12th Ave, Brooklyn 1208 40th St, Brooklyn 1218 40th St, Brooklyn 4015 12th Ave, Brooklyn 1123 41st St, Brooklyn 1210 40th St, Brooklyn 4023 12th Ave, Brooklyn 1119 41st St, Brooklyn 1212 40th St, Brooklyn 1216 40th St, Brooklyn 4021 12th Ave, Brooklyn 1125 41st St, Brooklyn

Nearby ZIP codes for 1206 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 1206 40th Street, Brooklyn, NY 11218?

The development at 1206 40th Street, Brooklyn, NY 11218 was built in 2002.

What is the total square footage of 1206 40th Street, Brooklyn, NY 11218?

1206 40th Street, Brooklyn, NY 11218 has a total of 4,200 square feet.

When was 1206 40th Street, Brooklyn, NY 11218 last sold and what was the sale price?

1206 40th Street, Brooklyn, NY 11218 was last sold on 09/10/2013 for $995,000.

What is the assessed value of 1206 40th Street, Brooklyn, NY 11218?

1206 40th Street, Brooklyn, NY 11218 is currently assessed at $155,820.

What are the property taxes for 1206 40th Street, Brooklyn, NY 11218?

The property taxes for 1206 40th Street, Brooklyn, NY 11218 total $16,026.

How many residential units does this building have?

This building has 3 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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