NOT LISTED FOR SALE

1040 40th St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $1,311,467

Studio
-- Baths
2,034 Sq Ft
$645/Sq Ft Est. Value

About This Home

This home is located at 1040 40th St, Brooklyn, NY 11219 and is currently estimated at $1,311,467, approximately $644 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.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Kramer Lenore Esq
Bought by
Current Estimated Value
$1,311,467

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
$779,670
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$531,797

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
$103,800
Interest Rate
5.75%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Borough Park, NY

  • Danny Chung Real Estate Agent

    Danny Chung

    (866) 968-7198

    96 Total Sales

    1 in Borough Park

    $1,800,000 Price

    Danny Chung
     Section Image
  • Anthony Parascandolo Real Estate Agent - RE/MAX Elite

    Anthony Parascandolo

    Responds Quickly

    RE/MAX Elite

    (347) 952-7649

    51 Total Sales

    2 in Borough Park

    $1,201,000 Price Range

    Anthony Parascandolo
     Section Image
  • Allan Zhu Real Estate Agent - RE/MAX Edge

    Allan Zhu

    Responds Quickly

    RE/MAX Edge

    (833) 369-2730

    102 Total Sales

    1 in Borough Park

    $1,130,000 Price

    Allan Zhu
     Section Image
  • Mitchell Feldman Real Estate Agent

    Mitchell Feldman

    Responds Quickly

    (855) 629-2561

    101 Total Sales

    1 in Borough Park

    $1,800,000 Price

    Mitchell Feldman
     Section Image
  • Kawing Chiu Real Estate Agent - Ashford Homes LLC

    Kawing Chiu

    Ashford Homes LLC

    (844) 251-3656

    105 Total Sales

    3 in Borough Park

    $490K - $572K Price Range

    Kawing Chiu
     Section Image
  • Isabel Zhen Real Estate Agent - King Zone Realty Inc

    Isabel Zhen

    King Zone Realty Inc

    (646) 518-2904

    12 Total Sales

    2 in Borough Park

    $490,000 Price Range

    Isabel Zhen
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$855,001 --
Capital Five Llc -- --
Gross Israel $590,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $73,000
Open -- $800,000
Closed Gross Israel $15,049
Closed Gross Israel $103,800
Previous Owner Gross Israel $427,150
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,736 $96,600 $19,860 $76,740
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

New York Kings County Brooklyn 11219 Borough Park

1040 40th St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.