1018 40th St Brooklyn, NY 11219
Borough Park NeighborhoodEstimated Value: $1,285,470 - $1,581,000
Studio
--
Bath
2,238
Sq Ft
$634/Sq Ft
Est. Value
About This Home
This home is located at 1018 40th St, Brooklyn, NY 11219 and is currently estimated at $1,418,368, approximately $633 per square foot. 1018 40th St is a home located in Kings County with nearby schools including P.S. 131 Brooklyn, I.S. 223 The Montauk, and Shema Kolainu-Hear Our Voices.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 11, 2023
Sold by
Capizzi Carmella A
Bought by
Ni Kong Bin
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,000
Outstanding Balance
$808,238
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$610,130
Purchase Details
Closed on
Nov 17, 2009
Sold by
Carmella A Capizzi Preliminary Executo and Carmella A Capizzi E
Bought by
Capizzi Carmella A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 21, 2006
Sold by
Capizzi Carmella and Capizzi Vincent A
Bought by
Capizzi Vincent A
Purchase Details
Closed on
May 5, 2000
Sold by
Capizzi Vincent A and Capizzi Carmella
Bought by
John Sharmelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
11.12%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ni Kong Bin | $1,180,000 | -- | |
| Ni Kong Bin | $1,180,000 | -- | |
| Capizzi Carmella A | -- | -- | |
| Capizzi Carmella A | -- | -- | |
| Capizzi Vincent A | -- | -- | |
| Capizzi Vincent A | -- | -- | |
| John Sharmelle | -- | -- | |
| John Sharmelle | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ni Kong Bin | $826,000 | |
| Closed | Ni Kong Bin | $826,000 | |
| Previous Owner | Capizzi Carmella A | $862,500 | |
| Previous Owner | John Sharmelle | $195,000 | |
| Closed | Capizzi Vincent A | $0 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,670 | $83,100 | $21,120 | $61,980 |
| 2024 | $6,670 | $79,440 | $21,120 | $58,320 |
| 2023 | $2,037 | $74,400 | $21,120 | $53,280 |
| 2022 | $1,816 | $70,200 | $21,120 | $49,080 |
| 2021 | $1,777 | $69,840 | $21,120 | $48,720 |
| 2020 | $881 | $64,860 | $21,120 | $43,740 |
| 2019 | $1,734 | $57,120 | $21,120 | $36,000 |
| 2018 | $1,515 | $26,126 | $7,428 | $18,698 |
| 2017 | $1,605 | $24,661 | $10,200 | $14,461 |
| 2016 | $1,460 | $23,288 | $9,817 | $13,471 |
| 2015 | $837 | $23,288 | $11,159 | $12,129 |
| 2014 | $837 | $23,064 | $13,262 | $9,802 |
Source: Public Records
Map
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