1507 40th Street, Brooklyn, NY 11218 Property Information
1507 40th Street, Brooklyn, NY 11218 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 1507 40th Street |
| Secondary address | 3923 15th Ave |
| Neighborhood | Borough Park |
| Zip code | 11218 |
| Borough | Brooklyn |
| Block & lot | 05365-0001 |
Sales & Tax Overview for 1507 40th Street, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $8,208 |
Lot & Building Information for 1507 40th Street, Brooklyn
| Lot sqft | 2,030 |
| Lot dimensions | |
| Building class | Primarily Two Family with One Store or Office (S2) |
| Building sqft | 3,400 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 2 |
| Year built | 1930 |
| Construction type | Register |
Area Overview
| School district | 20 |
| Community district | 12 |
| Closest police station | 0.63 Miles |
| Closest fire station | 0.47 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 1507 40th Street, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 3923 15th Ave, Brooklyn, NY 11218
- 1501-1511 40th St, Brooklyn, NY 11218
About 1507 40th Street, Brooklyn
This Primarily Two Family with One Store or Office (S2) located at 1507 40th Street, Brooklyn, NY 11218 has a total of 3,400 square feet.
What is the year built & the current market value of 1507 40th Street, Brooklyn, NY 11218?1507 40th Street, Brooklyn, NY 11218 was built in 1930 and has a current tax assessor's market value of $1,530,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
Ownership Information for 1507 40th Street, Brooklyn
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Past Sales & Property History for 1507 40th Street, Brooklyn
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No recorded sales for this property.
Title Documents for 1507 40th Street, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 1507 40th Street, Brooklyn
Access detailed property tax data for 1507 40th Street, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $7,782 |
| Estimated property tax: | $8,208 |
| Tax assessor's market value: | $1,530,000 |
| Assessed value: | $91,800 |
Assessment History for 1507 40th Street, Brooklyn
Here's the assessment & property tax history for 1507 40th Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $1,530,000 | $91,800 | $39,218 | 19.843% | $7,782 | $7,782 | +4.72% |
| 2024/25 | $1,617,000 | $97,020 | $36,998 | 20.085% | $7,431 | $7,431 | +5.99% |
| 2023/24 | $1,566,000 | $93,960 | $34,906 | 20.085% | $7,011 | $7,011 | +0.14% |
| 2022/23 | $1,329,000 | $79,740 | $34,474 | 20.309% | $7,001 | $7,001 | +1.73% |
| 2021/22 | $1,222,000 | $73,320 | $34,474 | 19.963% | $6,882 | $6,882 | +0.06% |
Permits for 1507 40th Street, Brooklyn
The complete history of permits filed for 1507 40th Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | McDonald Ave & Cortelyou Rd at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.193 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 14 Av/41 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.165 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 1507 40th Street, Brooklyn
Here are the neighbors for 1507 40th Street, Brooklyn, NY 11218.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 46 Townsend St, Brooklyn | 5,000 | 09/01/2010 | |
| 119 Seigel St, Brooklyn | 1,050 | 09/12/1990 | |
| 31 Kosciuszko St, Brooklyn | 27,323 | 12/29/2014 | $13,000,000 |
| 582 A Macon St, Brooklyn | 2,418 | 02/17/2000 | |
| 1508 59th St, Brooklyn | 4,376 | 01/11/2007 | |
| 251 Nostrand Ave, Brooklyn | 4,480 | 08/16/2007 | |
| 48 Ira CT, Brooklyn | 1,018 | 09/21/2004 | $350,000 |
| 167 17th St, Brooklyn | 2,240 | 11/12/1991 | |
| 3164 Avenue W, Brooklyn | 924 | 12/08/2021 | $540,000 |
| 582 Kosciuszko St, Brooklyn | 1,886 | 08/16/1994 | |
| 58 Townsend St, Brooklyn | 15,000 | 09/01/2010 | |
| 1431 W 8th St, Brooklyn | 1,900 | 04/12/2019 | $370,000 |
| 308 Prospect Ave, Brooklyn | 5,852 | 09/11/1998 | |
| 1010 Pacific St, Brooklyn | 23,188 | 11/08/2019 | $20,250,000 |
| 154 A 23rd St, Brooklyn | 1,680 | 04/01/2015 | $999,000 |
| 7722 18th Ave, Brooklyn | 3,200 | 05/20/2016 | $1,160,000 |
| 297 Division Ave, Brooklyn | 08/30/1994 | ||
| 1117 Lafayette Ave, Brooklyn | 9,652 | 10/30/2014 | |
| 10002 Avenue D, Brooklyn | 3,250 | 07/05/2012 | |
| 350 Hendrix St, Brooklyn | 11/30/2020 | $200,000 |