New York City  »  11218  »  40th St  »  1620 40th St

1620 40th Street #1, Brooklyn, NY 11218 - Property report

Also known as: 1620 40th St #1

Property image for 1620 40th Street #1, Brooklyn, NY 11218
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Property type

Condo - Residential Unit in 1-3 Story Building (R3)

Year built

2007

Lot sq. ft.

2,000

Sale price

$498,000

General information

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Address
Primary address
1620 40th Street #1
ZIP code
11218
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05382-1401

Owner

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Building
Property type
Condo - Residential Unit in 1-3 Story Building (R3)
Building sq. ft.
1,919
Building dimensions
20 ft x 60 ft
Buildings on lot
1
Stories
4
Year built
2007
Basement
N
Sales
Sale date
06/06/2008
Sale price
$498,000
Tax
Tax year
2026-2027
Property tax
$9,850
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
Distance to wide street
Lot sq. ft.
2,000

Area overview

Walk score
89 /100.  Very Walkable
Transit score
93 /100.  Rider's Paradise
Bike score
65 /100.  Bikeable
School district
20
Community district
12

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

Ownership information for 1620 40th Street #1, Brooklyn, NY

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

Sales history for 1620 40th Street #1, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
06/06/2008 $498,000 XXXXXXX, XXXXX X XXX XXXXXXX, XXXXX X XXXXXX XXXXXXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/13/2024 - R
06/21/2024 - D
Deed
(2024081300356001)
XXXXXXX XXXXX X XXXX XXXXXXX XXXXXXXXX XXXXX
06/17/2008 - R
06/06/2008 - D
Power of Attorney
(2008061201179002)
XXXXXXX XXXXX X XXXXXX XXXXXXXXX XXX
06/17/2008 - R
06/06/2008 - D
Deed
(2008061201179001)
XXXXXX XXXXXXXXX XXX XXXXXXX XXXXX X
05/09/2008 - R
05/02/2008 - D
Maps
(2008050801373002)
XXX XXXXXX XXXXXXXXX XXXXXXXXXXX X
05/09/2008 - R
11/15/2007 - D
Condo Declaration
(2008050801373001)
XXX XXXXXX XXXXXXXXX XXXXXXXXXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1620 40th Street #1, 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
$9,850
Municipal exemptions
Recent tax assessments
Market value
$1,475,280
Assessed value
$88,517

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 $1,329,480 $79,769 $46,831 19.843% $9,293 $9,293 +4.72%
2024/25 $1,126,080 $67,565 $44,182 20.085% $8,874 $8,874 +22.48%
2023/24 $1,184,400 $71,064 $36,072 20.085% $8,874 $7,245 +28.50%
2022/23 $1,091,880 $65,513 $27,761 20.309% $8,905 $5,638 +50.83%
2021/22 $1,023,840 $61,430 $18,725 19.963% $8,258 $3,738 +65.86%
2020/21 $954,000 $57,240 $10,709 21.045% $8,213 $2,254 +193.31%
2019/20 $829,578 $49,775 $3,630 21.167% $7,793 $768 +1.19%
2018/19 $770,879 $46,253 $3,630 20.919% $7,702 $759 +2.62%
2017/18 $714,100 $42,846 $3,630 20.385% $7,449 $740 +1.97%
2016/17 $598,880 $35,933 $3,630 19.991% $6,891 $726 +2.23%

Permit information for 1620 40th Street #1, Brooklyn, NY

No recently recorded permits 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
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Ditmas Ave at SW Corner
Station lines
F
Distance (miles)
0.086

Access the detailed traffic volume map for 1620 40th Street #1, 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)
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.04
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.05
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.05
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.07
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.07
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.04
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.05
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.07
Yeshiva Derech Chaim NR No Private 0 0.11
Urban Assembly School for Leadership and Empowerment 7 No Public 6-12 495 0.12
Jhs 223 The Montauk 6 No Public 6-8 702 0.12
Ohr Halimud - The Multi Sensory Learning Center NR No Private 18 0.13
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.05
Yeshiva Shaarei Yosher NR No Private 9-12 101 0.07
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.07
Yeshiva Derech Chaim NR No Private 0 0.11
Urban Assembly School for Leadership and Empowerment 7 No Public 6-12 495 0.12
Machon Bais Yaakov Hilda Birn High School NR No Private 9-12 0 0.13

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

Frequently asked questions

What is the year built for 1620 40th Street #1, Brooklyn, NY 11218?

The development at 1620 40th Street #1, Brooklyn, NY 11218 was built in 2007.

What is the total square footage of 1620 40th Street #1, Brooklyn, NY 11218?

1620 40th Street #1, Brooklyn, NY 11218 has a total of 1,919 square feet.

When was 1620 40th Street #1, Brooklyn, NY 11218 last sold and what was the sale price?

1620 40th Street #1, Brooklyn, NY 11218 was last sold on 06/06/2008 for $498,000.

What is the assessed value of 1620 40th Street #1, Brooklyn, NY 11218?

1620 40th Street #1, Brooklyn, NY 11218 is currently assessed at $88,517.

What are the property taxes for 1620 40th Street #1, Brooklyn, NY 11218?

The property taxes for 1620 40th Street #1, Brooklyn, NY 11218 total $9,850.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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