1054 40th St Brooklyn, NY 11219
Borough Park NeighborhoodEstimated Value: $1,334,000 - $1,598,000
Studio
--
Bath
2,034
Sq Ft
$724/Sq Ft
Est. Value
About This Home
This home is located at 1054 40th St, Brooklyn, NY 11219 and is currently estimated at $1,471,733, approximately $723 per square foot. 1054 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
Feb 25, 2026
Sold by
Chen Xiao
Bought by
Chen Xiaoming
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
$100,547
Outstanding Balance
$100,547
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,371,186
Purchase Details
Closed on
May 1, 2019
Sold by
Chen Xiao Ming
Bought by
Chen Xiao Ming and Zhu Jian Qing
Purchase Details
Closed on
Dec 21, 2018
Sold by
Last Will And Testament Of Lilia Papa D and Last Will And Testament Of Mae De Luca
Bought by
Chen Xiao Ming
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 19, 1999
Sold by
Olivieri Chong and Deluca Maria
Bought by
Deluca Maria and Papa Lilia
Purchase Details
Closed on
Apr 28, 1994
Sold by
Olivieri Anthony and Deluca Maria
Bought by
Olivieri Anthony and Deluca Maria
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Xiaoming | -- | -- | |
| Chen Xiao Ming | -- | -- | |
| Chen Xiao Ming | -- | -- | |
| Chen Xiao | -- | -- | |
| Chen Xiao Ming | $1,100,000 | -- | |
| Chen Xiao | $1,100,000 | -- | |
| Chen Xiao Ming | $1,100,000 | -- | |
| Deluca Maria | -- | 1St American Title | |
| Deluca Maria | -- | 1St American Title | |
| Olivieri Anthony | -- | Commonwealth Land Title Ins | |
| Olivieri Anthony | -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Xiaoming | $100,547 | |
| Previous Owner | Chen Xiao Ming | $715,000 |
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 | $8,271 | $88,860 | $19,860 | $69,000 |
| 2024 | $8,271 | $77,880 | $19,860 | $58,020 |
| 2023 | $7,985 | $68,820 | $19,860 | $48,960 |
| 2022 | $7,498 | $68,340 | $19,860 | $48,480 |
| 2021 | $5,881 | $60,180 | $19,860 | $40,320 |
| 2019 | $5,790 | $57,300 | $19,860 | $37,440 |
| 2017 | $5,027 | $24,661 | $9,581 | $15,080 |
| 2016 | $4,655 | $23,288 | $9,423 | $13,865 |
| 2015 | $2,586 | $23,288 | $12,659 | $10,629 |
| 2014 | $2,586 | $23,064 | $15,049 | $8,015 |
Source: Public Records
Map
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