New York City  »  11210  »  E 40th St  »  987 E 40th St

987 East 40th Street, Brooklyn, NY 11210 - Property report

Also known as: 987 E 40th St

Property image for 987 East 40th Street, Brooklyn, NY 11210
static Mapbox map

Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Year built

1920

Lot sq. ft.

2,000

Sale price

$385,000

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
987 East 40th Street
ZIP code
11210
Neighborhood
Flatlands
Borough
Brooklyn
Block & lot
07744-0027

Owner

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Building
Property type
Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sq. ft.
1,728
Building dimensions
16 ft x 40 ft
Buildings on lot
1
Stories
2
Year built
1920
Building material
Frame
Exterior wall
Composition
Basement
4
Sales
Sale date
12/10/2008
Sale price
$385,000
Tax
Tax year
2026-2027
Property tax
$6,347
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 40 Street (narrow)
Nearest wide street
Albany Avenue
Distance to wide street
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
70 /100.  Somewhat Walkable
Transit score
96 /100.  Rider's Paradise
Bike score
59 /100.  Bikeable
School district
22
Community district
18
Closest police station
0.29 Miles
Closest fire station
0.75 Miles

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

Ownership

Ownership information for 987 East 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 987 East 40th Street, Brooklyn, NY 11210

Sale date Sale price Buyer name Seller name
12/10/2008 $385,000 XXXXXXX, XXXXXX XXXXXX XX XXXX XXXXXXXX XXXXXXXX XXX XXXXXX XX XXXX X XXXXXXXX XXX XXXX XXXX XXXXXXXX XXXXXX, XXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/03/2024 - R
05/29/2024 - D		 Assignment, Mortgage
(2024053100130001)		 XXXXXXXX XXXXXXXX XXXX XXXXX X XXXXXXXXXX XXXXXXXX XXXXXXXX XXX
03/01/2024 - R
02/05/2024 - D		 Mortgage
(2024022900704001)		 XXXXXXX XXXXXX XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
02/28/2024 - R
02/05/2024 - D		 Mortgage
(2024022800438001)		 XXXXXXX XXXXXX XXXXXXXXXX XXXXXXXX XXXXXXXX XXX
05/19/2020 - R
04/30/2020 - D		 Assignment, Mortgage
(2020051300380001)		 XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXXX XXXX XXXXX X
04/20/2016 - R
03/31/2016 - D		 Mortgage and Consolidation
(2016041901440001)		 XXXXXXX XXXXXX XXXXXXXX XXXXX XXXX X X
04/20/2016 - R
03/30/2016 - D		 Mortgage
(2016041900402001)		 XXXXXXX XXXXXX XXX
01/05/2009 - R
12/10/2008 - D		 Mortgage
(2008121500511002)		 XXXXXXX XXXXXX XXXXXXXX XXXXX XXXX
01/05/2009 - R
12/10/2008 - D		 Deed
(2008121500511001)		 XXXXXX XX XXXX XXXXXXXX XXXXXXXX XXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 987 East 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
$6,347
Municipal exemptions
Recent tax assessments
Market value
$929,000
Assessed value
$55,740

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 $723,000 $43,380 $30,954 19.843% $6,142 $6,142 +4.60%
2024/25 $725,000 $43,500 $29,237 20.085% $5,872 $5,872 +4.62%
2023/24 $692,000 $41,520 $27,946 20.085% $5,613 $5,613 +3.68%
2022/23 $571,000 $34,260 $26,656 20.309% $5,414 $5,414 +1.74%
2021/22 $540,000 $32,400 $26,656 19.963% $5,321 $5,321 -1.98%
2020/21 $562,000 $33,720 $25,795 21.045% $5,429 $5,429 +5.26%
2019/20 $543,000 $32,580 $24,364 21.167% $5,157 $5,157 +5.86%
2018/19 $442,000 $26,520 $23,288 20.919% $4,872 $4,872 +7.59%
2017/18 $429,000 $25,740 $22,213 20.385% $4,528 $4,528 +1.97%
2016/17 $471,000 $28,260 $22,213 19.991% $4,441 $4,441 +5.64%
Permits

Permit information for 987 East 40th Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Flatlands residential market stats

Access a detailed real estate market overview of Flatlands so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Flatlands and compare it to other neighborhoods in Brooklyn.

Median sale price

$455,000

-34.5% Y-o-Y

Median price/sq. ft.

$478

-11% 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
5

Subway & traffic

Closest station
Nostrand Ave & Flatbush Ave at NE Corner
Station lines
2-5
Distance (miles)
0.521
View subway map

Access the detailed traffic volume map for 987 East 40th Street, Brooklyn, NY 11210 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. 109 4 Yes Public PK, K-8 520 0.40
P.S. 109 4 Yes Public PK, K-8 520 0.40
Christian Heritage Academy NR No Private PK, K-12 269 0.23
Christian Heritage Academy NR No Private PK, K-12 269 0.23
St. Vincent Ferrer School NR No Private PK, K-8 0 0.30
St. Vincent Ferrer School NR No Private PK, K-8 0 0.30
P.S. 119 Amersfort 4 No Public PK, K-5 391 0.36
P.S. 119 Amersfort 4 No Public PK, K-5 391 0.36
New Vistas Academy NR No Private K-12 66 0.41
P.S. 198 5 No Public PK, K-5 293 0.43
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Andries Hudde School 3 Yes Public 6-8 423 0.71
Christian Heritage Academy NR No Private PK, K-12 269 0.23
St. Vincent Ferrer School NR No Private PK, K-8 0 0.30
P.S. 109 4 No Public PK, K-8 520 0.40
New Vistas Academy NR No Private K-12 66 0.41
New Vistas Academy NR No Private 1-12 0 0.43
Great Oaks Elementary School NR No Private K-8 116 0.53
Is 381 7 No Public 6-8 291 0.71
Central Brooklyn Ascend Charter 8 No Charter K-8 778 0.82
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Christian Heritage Academy NR No Private PK, K-12 269 0.23
New Vistas Academy NR No Private K-12 66 0.41
New Vistas Academy NR No Private 1-12 0 0.43
Catherine Mc Auley High School NR No Private 9-12 185 0.59
Mesivta Tiferes Yisroel NR No Private PK, K-12 0 0.60
Midwood High School 7 No Public 9-12 4,062 0.83
Victory Collegiate High School 2 No Public 9-12 264 1.02
Academy for Conservation and the Environment 4 No Public 9-12 383 1.02

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

Neighbors for 987 East 40th Street, Brooklyn, NY

983 E 40th St, Brooklyn 995 E 40th St, Brooklyn 1001 E 40th St, Brooklyn 1017 E 40th St, Brooklyn 967 E 40th St, Brooklyn 985 E 40th St, Brooklyn 975 E 40th St, Brooklyn 973 E 40th St, Brooklyn 963 E 40th St, Brooklyn 955 E 40th St, Brooklyn 1015 E 40th St, Brooklyn 957 E 40th St, Brooklyn 1005 E 40th St, Brooklyn 1011 E 40th St, Brooklyn 989 E 40th St, Brooklyn 1009 E 40th St, Brooklyn 971 E 40th St, Brooklyn 961 E 40th St, Brooklyn 993 E 40th St, Brooklyn 1007 E 40th St, Brooklyn

Nearby ZIP codes for 987 East 40th Street, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11212, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11229, New York City, NY 11230, New York City, NY 11233, New York City, NY 11234, New York City, NY 11235, New York City, NY 11236, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 987 East 40th Street, Brooklyn, NY 11210?

The development at 987 East 40th Street, Brooklyn, NY 11210 was built in 1920.

What is the total square footage of 987 East 40th Street, Brooklyn, NY 11210?

987 East 40th Street, Brooklyn, NY 11210 has a total of 1,728 square feet.

When was 987 East 40th Street, Brooklyn, NY 11210 last sold and what was the sale price?

987 East 40th Street, Brooklyn, NY 11210 was last sold on 12/10/2008 for $385,000.

What is the assessed value of 987 East 40th Street, Brooklyn, NY 11210?

987 East 40th Street, Brooklyn, NY 11210 is currently assessed at $55,740.

What are the property taxes for 987 East 40th Street, Brooklyn, NY 11210?

The property taxes for 987 East 40th Street, Brooklyn, NY 11210 total $6,347.

How many residential units does this building have?

This building has 1 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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