New York City  »  11230  »  E 5th St  »  1040 E 5th St

1040 East 5th Street, Brooklyn, NY 11230 - Property report

Also known as: 1040 E 5th St

Property image for 1040 East 5th Street, Brooklyn, NY 11230
static Mapbox map

Property type

Two Family Brick (B1)

Year built

1965

Lot sq. ft.

2,500

General information

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Address
Primary address
1040 East 5th Street
ZIP code
11230
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
06517-0014

Owner

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Building
Property type
Two Family Brick (B1)
Building sq. ft.
1,890
Building dimensions
19.83 ft x 42 ft
Buildings on lot
1
Stories
2
Year built
1965
Building material
C Blck + Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Basement Garage
Tax
Tax year
2026-2027
Property tax
$5,061
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 5 Street (narrow)
Nearest wide street
Avenue I
Distance to wide street
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
64 /100.  Somewhat Walkable
Transit score
91 /100.  Rider's Paradise
Bike score
79 /100.  Very Bikeable
School district
21
Community district
12
Closest police station
0.30 Miles
Closest fire station
0.19 Miles

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

Ownership

Ownership information for 1040 East 5th 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 1040 East 5th Street, Brooklyn, NY 11230

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/24/2023 - R
05/10/2023 - D		 Deed
(2023051700214001)		 XXXXX XXXXX XXXXXXX XXXXX XX XXX XXXXXXX
08/14/2015 - R
07/27/2015 - D		 Mortgage
(2015080700457001)		 XXXXX XXXXX XXXX
09/02/2015 - R
07/25/2015 - D		 Agreement
(2015082501659002)		 XXXXX XXXXX XXXX
09/02/2015 - R
07/15/2015 - D		 Assignment, Mortgage
(2015082501659001)		 XXXXXXXX XXXXX XXXX XX XXXX
11/09/2007 - R
10/29/2007 - D		 Mortgage
(2007110600632001)		 XXXXX XXXXX XXXXXXXX XXXXX XXXX XX
05/04/2007 - R
04/25/2007 - D		 Satisfaction of Mortgage
(2007042601444001)		 XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX (XXX)
07/13/2006 - R
05/30/2006 - D		 Satisfaction of Mortgage
(2006060300083001)		 XXXXX XXXXX XXX XXXXX XXXXX XXXXXXX XXXX
06/12/2003 - R
02/19/2003 - D		 Satisfaction of Mortgage
(2003021901181001)		 XXXX XXXXXXXX XXXXXXXXXXX (XXX)
02/25/2003 - R
01/16/2003 - D		 Mortgage
(2003012701560001)		 XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX (XXX)
10/26/2000 - R Mortgage
(3690007382469)		 XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1040 East 5th 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
$5,061
Municipal exemptions
Recent tax assessments
Market value
$1,786,000
Assessed value
$107,160

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 $1,548,000 $92,880 $29,333 19.843% $11,095 $5,821 +4.72%
2024/25 $1,223,000 $73,380 $27,673 20.085% $10,595 $5,558 +12.60%
2023/24 $1,495,000 $89,700 $24,577 20.085% $10,435 $4,936 -0.86%
2022/23 $1,570,000 $94,200 $24,517 20.309% $10,552 $4,979 -47.98%
2021/22 $1,470,000 $88,200 $47,950 19.963% $9,860 $9,572 +0.66%
2020/21 $1,407,000 $84,420 $45,186 21.045% $9,806 $9,509 +5.56%
2019/20 $1,298,000 $77,880 $42,559 21.167% $9,305 $9,008 +2.93%
2018/19 $1,486,000 $89,160 $41,836 20.919% $9,057 $8,752 +2.64%
2017/18 $942,000 $56,520 $41,826 20.385% $8,826 $8,526 +7.68%
2016/17 $931,000 $55,860 $39,608 19.991% $8,228 $7,918 +8.71%
Permits

Permit information for 1040 East 5th 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

Ocean Parkway South residential market stats

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

Median sale price

—

Median price/sq. ft.

—

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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Avenue I at NE Corner
Station lines
F
Distance (miles)
0.195
View subway map

Access the detailed traffic volume map for 1040 East 5th Street, Brooklyn, NY 11230 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. 121 Nelson A Rockefeller 7 Yes Public K-8 314 0.39
Yeshiva Machzikei Hadas 2 NR No Private 1-3 265 0.17
Lubavitcher School Chabad NR No Private PK-8 139 0.17
Lubavitcher School Chabad NR No Private PK-8 139 0.17
Cheder (The) NR No Private PK, K-8 0 0.20
Cheder (The) NR No Private PK, K-8 0 0.20
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 121 Nelson A Rockefeller 7 Yes Public K-8 314 0.39
Lubavitcher School Chabad NR No Private PK-8 139 0.17
Cheder (The) NR No Private PK, K-8 0 0.20
Bais Yaakov D'Rav Meir High School NR No Private K-12 0 0.26
P T A C H NR No Private 2-8 31 0.28
Beth Jacob Day School/Bais Yaak NR No Private PK-8 419 0.28
P.S. 192 Magnet School For Math And Science Inquiry 7 No Public PK, K-8 592 0.40
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Franklin Delano Roosevelt High School 3 Yes Public 9-12 3,213 0.61
Mesivta Sholom Schachna NR No Private 9-12 192 0.12
Lubavitcher High School NR No Private 9-12 0 0.16
Lubavitcher High School NR No Private 9-12 135 0.17
Mesivta Sholom Schachna NR No Private 9-12 0 0.19
Bais Yaakov D'Rav Meir High School NR No Private K-12 0 0.26

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

Neighbors for 1040 East 5th Street, Brooklyn, NY

348 53rd St, Brooklyn 6311-6313 15th Ave, Brooklyn 165 A Diamond St, Brooklyn 2754 Bedford Ave, Brooklyn 40 Riverdale Ave, Brooklyn 599 3rd Ave, Brooklyn 684 B Myrtle Ave, Brooklyn 10417 Seaview Ave, Brooklyn 66 Bay Ridge Ave, Brooklyn 1 Division Ave, Brooklyn 597 3rd Ave, Brooklyn 14 A Mesereau CT, Brooklyn 560 Montauk Ave, Brooklyn 2015 E 14th St, Brooklyn 1224 Ditmas Ave, Brooklyn 385 Bushwick Ave, Brooklyn 461 Bedford Ave, Brooklyn 236 E 16th St, Brooklyn 261 A 19th St, Brooklyn 1029 Liberty Ave, Brooklyn

Nearby ZIP codes for 1040 East 5th Street, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, 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 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 1040 East 5th Street, Brooklyn, NY 11230?

The development at 1040 East 5th Street, Brooklyn, NY 11230 was built in 1965.

What is the total square footage of 1040 East 5th Street, Brooklyn, NY 11230?

1040 East 5th Street, Brooklyn, NY 11230 has a total of 1,890 square feet.

What is the assessed value of 1040 East 5th Street, Brooklyn, NY 11230?

1040 East 5th Street, Brooklyn, NY 11230 is currently assessed at $107,160.

What are the property taxes for 1040 East 5th Street, Brooklyn, NY 11230?

The property taxes for 1040 East 5th Street, Brooklyn, NY 11230 total $5,060.

How many residential units does this building have?

This building has 2 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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