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40 Park Street, Brooklyn, NY 11206 Property Information

40 Park Street, Brooklyn, NY 11206 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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40 Park Street, Brooklyn, NY 11206 2
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Address

Primary address 40 Park Street
Secondary address 38 Park St
Neighborhood Bushwick
Zip code 11206
Borough Brooklyn
Block & lot 03134-0021

Sales & Tax Overview for 40 Park Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 12/22/2014
Purchase price $900,000
Tax class
Estimated property tax $57,846

Lot & Building Information for 40 Park Street, Brooklyn

Lot sqft 4,017
Lot dimensions 40.17 ft x 100 ft
Building class Office Only 2-6 Stories (O2)
Building sqft 9,975
Building dimensions 35 ft x 95 ft
Buildings on lot 1
Stories 3
Year built 1900
Construction type
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Zoning & Use for 40 Park Street, Brooklyn

Zoning
Commercial units 1
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 4
Closest police station 0.81 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 40 Park Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 40 Park Street, Brooklyn, NY 11206, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 40 Park Street, Brooklyn, NY 11206, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 38 Park St, Brooklyn, NY 11206

About 40 Park Street, Brooklyn

How many sq. ft. does 40 Park Street, Brooklyn, NY 11206 have & what is the price per sq. ft?

This Office Only 2-6 Stories (O2) located at 40 Park Street, Brooklyn, NY 11206 has a total of 9,975 square feet and a current price per square foot of $90.

What is the year built & the current market value of 40 Park Street, Brooklyn, NY 11206?

40 Park Street, Brooklyn, NY 11206 was built in 1900 and has a current tax assessor's market value of $1,273,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 40 Park Street, Brooklyn

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Property owner name for 40 Park Street, Brooklyn, NY 11206
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Building contacts for 40 Park Street, Brooklyn, NY 11206
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 40 Park Street, Brooklyn

Create a free account to view the complete sales history for 40 Park Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/22/2014 $900,000

Title Documents for 40 Park Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/30/2025 - R UCC3 Continuation
(2025123000218001)
06/28/2021 - D
07/15/2021 - R
Satisfaction of Mortgage
(2021070200281001)
06/23/2021 - R Initial UCC1
(2021061700734003)
06/15/2021 - D
06/23/2021 - R
Assignment of Leases and Rents
(2021061700734002)
06/15/2021 - D
06/23/2021 - R
Mortgage
(2021061700734001)
04/27/2021 - D
06/23/2021 - R
Satisfaction of Mortgage
(2021061700845001)
10/26/2020 - D
12/15/2020 - R
Satisfaction of Mortgage
(2020121100572001)
12/22/2014 - D
01/12/2015 - R
Mortgage
(2015010700709002)
12/22/2014 - D
01/12/2015 - R
Deed
(2015010700709001)
03/06/2012 - D
07/11/2012 - R
Contract of Sale
(2012061301372001)
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R: Recorded date
D: Document date

Property Taxes for 40 Park Street, Brooklyn

Access detailed property tax data for 40 Park Street, Brooklyn, NY 11206. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $62,143
Estimated property tax: $57,846
Tax assessor's market value: $1,273,000
Assessed value: $572,850

Assessment History for 40 Park Street, Brooklyn

Here's the assessment & property tax history for 40 Park 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 $1,273,000 $572,850 $572,850 10.848% $62,143 $62,143 -5.93%
2024/25 $1,364,000 $613,800 $613,800 10.762% $66,057 $66,057 +3.73%
2023/24 $1,336,000 $601,200 $601,200 10.592% $63,679 $63,679 -10.12%
2022/23 $1,579,000 $710,550 $665,495 10.646% $70,849 $70,849 +2.43%
2021/22 $1,522,000 $684,900 $643,097 10.755% $69,165 $69,165 +42.75%

Permits for 40 Park Street, Brooklyn

The complete history of permits filed for 40 Park 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.

No recorded permits for this property.

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.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Station lines J-M
Distance (miles) 0.213
View subway map
Bus Routes
Name Broadway/Park St
Line B46
Distance (miles) 0.083

Neighbors for 40 Park Street, Brooklyn

Here are the neighbors for 40 Park Street, Brooklyn, NY 11206.

Address Square feet Purchase date Purchase price
890 Flushing Ave, Brooklyn 16,000 10/06/2016 $52,208
769 Broadway, Brooklyn 6,250 12/28/1987
801 Flushing Ave, Brooklyn 6,832 03/25/2014 $1,750,000
11 Belvedere St, Brooklyn 2,880 10/15/1990
39 Debevoise St, Brooklyn 5,694 11/03/2000
932 Evergreen Ave, Brooklyn 06/14/1979
30 Central Ave, Brooklyn 06/14/1979
929 Flushing Ave, Brooklyn 08/01/2016 $4,180,000
54 Noll St, Brooklyn 388,023 12/02/2021 $249,205,000
800 Flushing Ave, Brooklyn 5,090
945 Flushing Ave, Brooklyn 10,700 11/08/1971
49 Humboldt St, Brooklyn
478 Bushwick Ave, Brooklyn 1,435 12/10/2012 $420,000
817-835 Flushing Ave, Brooklyn 7,066 05/28/1986
3 Debevoise St, Brooklyn 4,150 04/12/2016
896 Flushing Ave, Brooklyn 2,508 05/13/2015 $1,375,000
16 Central Ave, Brooklyn 06/14/1979
14 Central Ave, Brooklyn 06/14/1979
839 Broadway, Brooklyn 47,426 04/08/2019 $1,468,750
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