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1040 East New York Avenue, Brooklyn, NY 11212 Property Information

1040 East New York Avenue, Brooklyn, NY 11212 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1040 East New York Avenue, Brooklyn, NY 11212 1
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Address

Primary address 1040 East New York Avenue
Secondary address 1040-1044 E New York Ave
Neighborhood East Flatbush
Zip code 11212
Borough Brooklyn
Block & lot 04597-0001

Sales & Tax Overview for 1040 East New York Avenue, Brooklyn

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

Purchase date 09/04/2008
Purchase price $4,000
Tax class
Estimated property tax $709,948

Lot & Building Information for 1040 East New York Avenue, Brooklyn

Lot sq. ft. 22,278
Lot dimensions 95.83 ft x 161 ft
Property type Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sqft 54,868
Building dimensions 95 ft x 161 ft
Buildings on lot 1
Stories 7
Year built 2007
Construction type
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Zoning & Use for 1040 East New York Avenue, Brooklyn

Zoning
Residential units (DOF) 68
Regulated units
Commercial units 1
Residential sqft
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 17
Closest police station 0.66 Miles
Closest fire station 0.48 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 1040 East New York Avenue, 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 1040 East New York Avenue, Brooklyn, NY 11212, 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 1040 East New York Avenue, Brooklyn, NY 11212, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 1040-1044 E New York Ave, Brooklyn, NY 11212

About 1040 East New York Avenue, Brooklyn

How many square feet does 1040 East New York Avenue, Brooklyn, NY 11212 have?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 1040 East New York Avenue, Brooklyn, NY 11212 has a total of 54,868 square feet.

What is the year built & the current market value of 1040 East New York Avenue, Brooklyn, NY 11212?

1040 East New York Avenue, Brooklyn, NY 11212 was built in 2007 and has a current tax assessor's market value of $11,798,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 1040 East New York Avenue, Brooklyn

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Property owner name for 1040 East New York Avenue, Brooklyn, NY 11212
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Building contacts for 1040 East New York Avenue, Brooklyn, NY 11212
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 1040 East New York Avenue, Brooklyn

Create a free account to view the complete sales history for 1040 East New York Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/04/2008 $4,000
07/14/2004 $1,275,000
       
       
       
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Title Documents for 1040 East New York Avenue, 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
12/15/2022 - R Initial UCC1
(2022121500281001)
04/04/2022 - R UCC3 Termination
(2022032801467002)
03/09/2022 - D
04/13/2022 - R
Assignment of Leases and Rents
(2022040600252002)
03/09/2022 - D
04/13/2022 - R
Agreement
(2022040600252001)
03/09/2022 - D
04/04/2022 - R
Mortgage
(2022032801274002)
03/09/2022 - D
04/04/2022 - R
Assignment, Mortgage
(2022032801274001)
03/03/2022 - D
04/04/2022 - R
Termination of Assign of L&R
(2022032801467001)
03/29/2018 - R UCC3 Continuation
(2018032701314001)
03/04/2015 - D
03/20/2015 - R
Agreement
(2015030401159001)
08/19/2014 - D
08/28/2014 - R
Deed
(2014082000722001)
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R: Recorded date
D: Document date

Property Taxes for 1040 East New York Avenue, Brooklyn

Access detailed property tax data for 1040 East New York Avenue, Brooklyn, NY 11212. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $660,399
Estimated property tax: $709,948
Tax assessor's market value: $11,798,000
Assessed value: $5,309,100

Assessment History for 1040 East New York Avenue, Brooklyn

Here's the assessment & property tax history for 1040 East New York Avenue, 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 $11,798,000 $5,309,100 $5,309,100 12.439% $660,399 $660,399 +21.34%
2024/25 $13,322,000 $5,994,900 $4,354,108 12.5% $676,226 $544,264 +36.80%
2023/24 $13,220,000 $5,949,000 $3,182,414 12.502% $652,166 $397,865 +56.08%
2022/23 $11,737,000 $5,281,650 $2,078,041 12.267% $613,123 $254,913 +100.79%
2021/22 $10,362,000 $4,662,900 $1,037,621 12.235% $570,506 $126,953 +688.20%

Permits for 1040 East New York Avenue, Brooklyn

The complete history of permits filed for 1040 East New York Avenue, 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.

Filing date Job type Job status Job description Initial cost
10/01/2024 Alteration
05/09/2023 Alteration
08/11/2020 Alteration
08/06/2020 Alteration
06/26/2019 Alteration
06/12/2019 Alteration type 2
06/04/2019 Alteration type 2
04/03/2009 Alteration type 3
01/08/2009 Alteration type 3
01/08/2009 Alteration type 3
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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.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% 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
Closest station Rutland Rd & E. 98th St at SW Corner
Station lines 3
Distance (miles) 0.239
View subway map
Bus Routes
Name East New York Av/E 94 St
Line B12
Distance (miles) 0.014

Neighbors for 1040 East New York Avenue, Brooklyn

Here are the neighbors for 1040 East New York Avenue, Brooklyn, NY 11212.

Address Square feet Purchase date Purchase price
159 E 96th St, Brooklyn 32,520 04/01/2011 $3,053,333
133 Clarkson Ave, Brooklyn 70,268 09/10/1974
1017 Logan St, Brooklyn 10/21/2014
1070 Logan St, Brooklyn 03/15/2024
441 Remsen Ave, Brooklyn 6,095 07/22/2024 $5,485,000
207 E 91st St, Brooklyn 35,396 10/29/2025 $3,150,000
668 Cozine Ave, Brooklyn 800 10/21/2014
1132 E New York Ave, Brooklyn 11/21/2025 $11,200,000
28 Winthrop St, Brooklyn 117,120
999 Clarkson Ave, Brooklyn 5,634 11/19/2024
60 E 94th St, Brooklyn 125,650 07/07/1986
44 Remsen Ave, Brooklyn 1,370 04/04/2024 $11,400,000
774 Montauk Ave, Brooklyn 05/22/1967
1090 E New York Ave, Brooklyn 33,532 06/20/1988
162 E 52nd St, Brooklyn 1,232 11/05/2021
555 Utica Ave, Brooklyn 1,400 06/03/2015 $870,000
457 Schenectady Ave, Brooklyn 88,691 03/31/2026 $6,568,812
12749 Flatlands Ave, Brooklyn 03/07/2006 $180,000
12755 Flatlands Ave, Brooklyn 66,626
681 Clarkson Ave, Brooklyn 635,994
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