Kings » 11206 » Park St » 40 Park St

40 Park Street, Brooklyn, NY 11206 - Property report

Also known as: 38 Park St

Property image for 40 Park Street, Brooklyn, NY 11206

Property type

Office Only 2-6 Stories (O2)

Year built

1900

Lot sq. ft.

4,017

Sale price

$900,000

General information

Address

Primary address

40 Park Street

Alternate address(es)

38 Park St

ZIP code

11206

Neighborhood

Bushwick

Borough

Brooklyn

Block & lot

03134-0021

Building

Property type

Office Only 2-6 Stories (O2)

Building sq. ft.

9,975

Building dimensions

35 ft x 95 ft

Buildings on lot

Stories

Year built

1900

Building material

Sales

Sale date

12/22/2014

Sale price

$900,000

Tax

Tax year

2026-2027

Property tax

$57,847

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

40.17 ft x 100 ft

Lot sq. ft.

4,017

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

75 /100. Very Bikeable

School district

Community district

Closest police station

0.81 Miles

Closest fire station

0.47 Miles

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

Ownership

Ownership information for 40 Park Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 40 Park Street, Brooklyn, NY 11206

Sale date	Sale price	Buyer name	Seller name
12/22/2014	$900,000	XXXX XXX XXXXXXXX XXX	XX XXXX XXXXXX XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/30/2025 - R	UCC3 Continuation (2025123000218001)	XXXX XXX XXXXXXXX XXX	XXXXX XXXXXXXX XXXX
07/15/2021 - R 06/28/2021 - D	Satisfaction of Mortgage (2021070200281001)	XX XXXX XXXXXX XXX	XXXXXX XXXXXXXX XXXXX XXXXXXX XXXXXXXXXX XXXXXXXX
06/23/2021 - R	Initial UCC1 (2021061700734003)	XXXX XXX XXXXXXXX XXX	XXXXX XXXXXXXX XXXX
06/23/2021 - R 06/15/2021 - D	Assignment of Leases and Rents (2021061700734002)	XXXX XXX XXXXXXXX XXX	XXXXX XXXXXXXX XXXX
06/23/2021 - R 06/15/2021 - D	Mortgage (2021061700734001)	XXXX XXX XXXXXXXX XXX	XXXXX XXXXXXXX XXXX
06/23/2021 - R 04/27/2021 - D	Satisfaction of Mortgage (2021061700845001)	XX XXXX XXXXXX XXX	XXXXXXXX XXXX XXXXXXX XXX
12/15/2020 - R 10/26/2020 - D	Satisfaction of Mortgage (2020121100572001)	XXXX XXX XXXXXXXX XXX	XX XXXX XXXXXX XXX
01/12/2015 - R 12/22/2014 - D	Mortgage (2015010700709002)	XXXX XXX XXXXXXXX XXX	XX XXXX XXXXXX XXX
01/12/2015 - R 12/22/2014 - D	Deed (2015010700709001)	XX XXXX XXXXXX XXX	XXXX XXX XXXXXXXX XXX
07/11/2012 - R 03/06/2012 - D	Contract of Sale (2012061301372001)	XX XXXX XXXXXX XXX	XXXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40 Park 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

$57,847

Municipal exemptions

Recent tax assessments

Market value

$1,185,000

Assessed value

$533,250

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	$1,273,000	$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%
2020/21	$1,158,000	$521,100	$453,060	10.694%	$48,450	$48,450	+7.88%
2019/20	$1,061,000	$477,450	$426,240	10.537%	$44,913	$44,913	+6.37%
2018/19	$968,000	$435,600	$401,580	10.514%	$42,222	$42,222	+4.82%
2017/18	$956,000	$430,200	$383,105	10.514%	$40,280	$40,280	+5.27%
2016/17	$891,000	$400,950	$361,862	10.574%	$38,263	$38,263	+4.75%

Permits

Permit information for 40 Park Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	11/14/2025	Lblvio-low pressure boiler boiler required
	06/30/2023	Lblvio-low pressure boiler boiler required
	06/30/2023	Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Station lines

J-M

Distance (miles)

0.213

View subway map

Access the detailed traffic volume map for 40 Park Street, Brooklyn, NY 11206 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

Neighbors for 40 Park Street, Brooklyn, NY

890 Flushing Ave, Brooklyn 769 Broadway, Brooklyn 801 Flushing Ave, Brooklyn 11 Belvedere St, Brooklyn 39 Debevoise St, Brooklyn 932 Evergreen Ave, Brooklyn 30 Central Ave, Brooklyn 929 Flushing Ave, Brooklyn 54 Noll St, Brooklyn 800 Flushing Ave, Brooklyn 945 Flushing Ave, Brooklyn 49 Humboldt St, Brooklyn 478 Bushwick Ave, Brooklyn 817-835 Flushing Ave, Brooklyn 3 Debevoise St, Brooklyn 896 Flushing Ave, Brooklyn 16 Central Ave, Brooklyn 14 Central Ave, Brooklyn 839 Broadway, Brooklyn

Frequently asked questions

What is the year built for 40 Park Street, Brooklyn, NY 11206?

The development at 40 Park Street, Brooklyn, NY 11206 was built in 1900.

What is the market value of 40 Park Street, Brooklyn, NY 11206?

The current market value of 40 Park Street, Brooklyn, NY 11206 is $1,185,000.

What is the total square footage of 40 Park Street, Brooklyn, NY 11206?

40 Park Street, Brooklyn, NY 11206 has a total of 9,975 square feet.

What is the price per square foot for this property?

$90 per square foot is the price for 40 Park Street, Brooklyn, NY 11206.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.