1040 40th St Brooklyn, NY 11219
Borough Park NeighborhoodEstimated Value: $911,280 - $1,774,000
Studio
--
Bath
2,034
Sq Ft
$657/Sq Ft
Est. Value
About This Home
This home is located at 1040 40th St, Brooklyn, NY 11219 and is currently estimated at $1,335,820, approximately $656 per square foot. 1040 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
Apr 3, 2024
Sold by
Kramer Lenore Esq
Bought by
Bh Host Mazal Llc
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
$800,000
Outstanding Balance
$786,563
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$549,257
Purchase Details
Closed on
Mar 16, 2018
Sold by
Yaacob Guy Y
Bought by
Capital Five Llc
Purchase Details
Closed on
Dec 22, 2004
Sold by
O'Leary Theresa and O'Leary Thomas
Bought by
Gross Israel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.75%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bh Host Mazal Llc | $855,001 | -- | |
| Bh Host Mazal Llc | $855,001 | -- | |
| Bh Host Mazal Llc | $855,001 | -- | |
| Capital Five Llc | -- | -- | |
| Capital Five Llc | -- | -- | |
| Capital Five Llc | -- | -- | |
| Gross Israel | $590,000 | -- | |
| Gross Israel | $590,000 | -- | |
| Gross Israel | $590,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bh Host Mazal Llc | $800,000 | |
| Closed | Bh Host Mazal Llc | $800,000 | |
| Previous Owner | Gross Israel | $0 | |
| Previous Owner | Gross Israel | $427,150 |
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 | $73,980 | $19,860 | $54,120 |
| 2024 | $6,670 | $70,740 | $19,860 | $50,880 |
| 2023 | $6,367 | $63,060 | $19,860 | $43,200 |
| 2022 | $5,908 | $59,880 | $19,860 | $40,020 |
| 2021 | $5,881 | $65,640 | $19,860 | $45,780 |
| 2020 | $2,924 | $66,300 | $19,860 | $46,440 |
| 2019 | $5,790 | $57,300 | $19,860 | $37,440 |
| 2018 | $5,326 | $26,126 | $7,036 | $19,090 |
| 2017 | $5,027 | $24,661 | $9,581 | $15,080 |
| 2016 | $4,655 | $23,288 | $9,423 | $13,865 |
| 2015 | $2,806 | $23,288 | $12,734 | $10,554 |
| 2014 | $2,806 | $23,064 | $15,129 | $7,935 |
Source: Public Records
Map
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