NOT LISTED FOR SALE

1055 40th St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $1,156,000 - $1,209,094

-- Bed
-- Bath
1,560 Sq Ft
$761/Sq Ft Est. Value

About This Home

This home is located at 1055 40th St, Brooklyn, NY 11219 and is currently estimated at $1,186,524, approximately $760 per square foot. 1055 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 11, 2022
Sold by
1055 40Th Street Realty Llc
Bought by
Wieder Elazar
Current Estimated Value
$1,186,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Outstanding Balance
$751,488
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$380,507

Purchase Details

Closed on
Aug 5, 2021
Sold by
Farkas Abraham
Bought by
1055 40Th Street Realty Llc

Purchase Details

Closed on
Jan 28, 2016
Sold by
Terranova Dina and Terranova Peter
Bought by
Farkas Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,250
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2013
Sold by
Terranova Peter
Bought by
Terranova Dina and Terranova Peter

Purchase Details

Closed on
Mar 31, 2006
Sold by
Auteri Frances and Auteri Frances M
Bought by
Terranova Peter

Purchase Details

Closed on
Jul 9, 2002
Sold by
Sortino Joseph
Bought by
Auteri Frances M and Auteri Frances

Purchase Details

Closed on
Dec 14, 2000
Sold by
Sortino Joseph
Bought by
Sortino Joseph and Auteri Frances M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wieder Elazar $999,000 --
Wieder Elazar $999,000 --
1055 40Th Street Realty Llc -- --
1055 40Th Street Realty Llc -- --
Farkas Abraham $675,000 --
Farkas Abraham $675,000 --
Terranova Dina -- --
Terranova Dina -- --
Terranova Peter $475,000 --
Terranova Peter $475,000 --
Auteri Frances M -- --
Auteri Frances M -- --
Sortino Joseph -- Commonwealth Land Title Ins
Sortino Joseph -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wieder Elazer $419,000
Open Wieder Elazar $799,200
Closed Wieder Elazar $799,200
Previous Owner Farkas Abraham $710,000
Previous Owner Farkas Abraham $533,250
Previous Owner Terranova Dina $533,850
Source: Public Records

Tax History Compared to Growth

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 $5,526 $59,580 $16,920 $42,660
2024 $5,526 $59,640 $16,920 $42,720
2023 $5,326 $62,160 $16,920 $45,240
2022 $4,978 $62,220 $16,920 $45,300
2021 $5,248 $57,000 $16,920 $40,080
2020 $2,539 $57,480 $16,920 $40,560
2019 $4,797 $56,400 $16,920 $39,480
2018 $4,455 $21,854 $6,406 $15,448
2017 $4,236 $20,780 $7,474 $13,306
2016 $4,154 $20,780 $7,660 $13,120
2015 $2,364 $20,228 $10,252 $9,976
2014 $2,364 $19,108 $10,225 $8,883
Source: Public Records

Map

New York Kings County Brooklyn 11219 Borough Park

1055 40th St, Brooklyn, NY

This home is located at 1055 40th St, Brooklyn, NY 11219 and is currently estimated at $1,186,524, approximately $760 per square foot. 1055 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.

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.

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