Kings  »  11209  »  Colonial Rd  »  7040 Colonial Rd

7040 Colonial Road, Brooklyn, NY 11209 - Property report

Also known as: 107-115 71st St

Property image for 7040 Colonial Road, Brooklyn, NY 11209
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1931

Lot sq. ft.

14,090

General information

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Address
Primary address
7040 Colonial Road
Alternate address(es)
102-110 Mackay Pl
107-115 71st St
7034-7048 Colonial Rd
Show all
ZIP code
11209
Neighborhood
Bay Ridge
Borough
Brooklyn
Block & lot
05884-0037

Owner

Find out who owns 7040 Colonial Road, Brooklyn, NY 11209. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
63,990
Building dimensions
140 ft x 90 ft
Buildings on lot
1
Stories
6
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$187,372
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
60
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100.33 ft x 140.67 ft
Lot sq. ft.
14,090

Area overview

Walk score
54 /100.  Somewhat Walkable
Transit score
81 /100.  Excellent Transit
Bike score
73 /100.  Very Bikeable
School district
20
Community district
10
Closest police station
0.52 Miles
Closest fire station
0.38 Miles

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

Ownership

Ownership information for 7040 Colonial Road, Brooklyn, NY

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

Sales history for 7040 Colonial Road, Brooklyn, NY 11209

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/29/2018 - R UCC3 Termination
(2018111300331007)		 XXXXXXXX XXXX XXXXXXXXXX XXX XXXXXXXXX XXXX X X
11/29/2018 - R
10/22/2018 - D		 Satisfaction of Mortgage
(2018111300331006)		 XXXXXXXX XXXX XXXXXXXXXX XXX XXXXXXXXX XXXX X X
10/07/2016 - R UCC3 Continuation
(2016100601153001)		 XXXXXXXX XXXX XXXXXXXXXX XXX XXXXXXXXX XXXX X X
09/30/2016 - R UCC3 Amendment
(2016092801174001)		 XXXXXXXX XXXX XXXXXXXXXX XXX XXX XXXXXX
02/26/2016 - R
11/05/2015 - D		 Assignment, Mortgage
(2016021802308001)		 XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXXX XXXXXXXXX XXXX X X
01/25/2012 - R Initial UCC1
(2012012000199001)		 XXXXXXXX XXXX XXXXXXXXXX XXX XXXXXX XXX
05/05/2005 - R
03/14/2005 - D		 Satisfaction of Mortgage
(2005050300603001)		 XXXXXXXX XXXXXXXX X
02/19/2004 - R Agreement
(2003121900448001)		 XXXXXXXXXXXX XXXXXXXXX XXXX
01/23/2004 - R
12/22/2003 - D		 Initial UCC1
(2003122200947001)		 XXXXXXXX XXXX XXXXXXXXXX XXX XXXXXXXXXXXX XXXXXXXXX XXXX
12/26/2002 - R Release
(3180009026318)

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 7040 Colonial Road, 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
$187,372
Municipal exemptions
Recent tax assessments
Market value
$3,617,000
Assessed value
$1,627,650

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 $3,637,000 $1,636,650 $1,456,920 12.439% $181,226 $181,226 +0.42%
2024/25 $3,397,000 $1,528,650 $1,443,780 12.5% $180,473 $180,473 +1.12%
2023/24 $3,209,000 $1,444,050 $1,427,580 12.502% $178,476 $178,476 +12.38%
2022/23 $2,877,000 $1,294,650 $1,294,650 12.267% $158,815 $158,815 -5.98%
2021/22 $3,068,000 $1,380,600 $1,380,600 12.235% $168,916 $168,916 -8.15%
2020/21 $3,491,000 $1,570,950 $1,499,220 12.267% $183,909 $183,909 +2.84%
2019/20 $3,217,000 $1,447,650 $1,433,700 12.473% $178,825 $178,825 +4.79%
2018/19 $3,269,000 $1,471,050 $1,353,060 12.612% $170,648 $170,648 +4.72%
2017/18 $3,363,000 $1,513,350 $1,281,240 12.719% $162,961 $162,961 +6.36%
2016/17 $3,318,000 $1,493,100 $1,188,450 12.892% $153,215 $153,215 +8.71%
Permits

Permit information for 7040 Colonial Road, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/22/2026 Alteration
05/12/2026 Alteration
04/21/2026 Alteration
08/30/2024 Alteration
04/16/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
03/25/2021 E-elevator elevatorrequired
04/11/2020 E-elevator elevatorrequired
03/15/2018 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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
5

Subway & traffic

Closest station
4th Ave & Bay Ridge Ave at NW Corner
Station lines
R
Distance (miles)
0.46
View subway map

Access the detailed traffic volume map for 7040 Colonial Road, Brooklyn, NY 11209 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

Neighbors for 7040 Colonial Road, Brooklyn, NY

86 Mackay Pl, Brooklyn 82 Mackay Pl, Brooklyn 78 Mackay Pl, Brooklyn 92 Mackay Pl, Brooklyn 90 Mackay Pl, Brooklyn 99 71st St, Brooklyn 87 71st St, Brooklyn 94 Mackay Pl, Brooklyn 76 Mackay Pl, Brooklyn 105 71st St, Brooklyn 97 71st St, Brooklyn 80 Mackay Pl, Brooklyn 103 71st St, Brooklyn 97 A 71st St, Brooklyn 98 Mackay Pl, Brooklyn 95 71st St, Brooklyn 89 71st St, Brooklyn 88 Mackay Pl, Brooklyn 93 71st St, Brooklyn 91 71st St, Brooklyn

Nearby ZIP codes for 7040 Colonial Road, Brooklyn, NY

10004, New York City, NY 10301, New York City, NY 10304, New York City, NY 11201, New York City, NY 11204, New York City, NY 11214, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11224, 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

Frequently asked questions

What is the year built for 7040 Colonial Road, Brooklyn, NY 11209?

The development at 7040 Colonial Road, Brooklyn, NY 11209 was built in 1931.

What is the total square footage of 7040 Colonial Road, Brooklyn, NY 11209?

7040 Colonial Road, Brooklyn, NY 11209 has a total of 63,990 square feet.

What is the assessed value of 7040 Colonial Road, Brooklyn, NY 11209?

7040 Colonial Road, Brooklyn, NY 11209 is currently assessed at $1,627,650.

What are the property taxes for 7040 Colonial Road, Brooklyn, NY 11209?

The property taxes for 7040 Colonial Road, Brooklyn, NY 11209 total $187,372.

How many residential units does this building have?

This building has 60 residential unit(s).

Disclaimer

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