NOT LISTED FOR SALE

1116 40th St Brooklyn, NY 11218

Borough Park Neighborhood

Estimated Value: $1,458,000 - $1,863,000

Studio
-- Bath
2,400 Sq Ft
$676/Sq Ft Est. Value

About This Home

This home is located at 1116 40th St, Brooklyn, NY 11218 and is currently estimated at $1,622,415, approximately $676 per square foot. 1116 40th St is a home located in Kings County with nearby schools including P.S. 230 Doris L Cohen, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.

Range of Values:

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Value Increase
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Percent Increase
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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.

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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.

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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.

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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.

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Average Value
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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

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 $7,318 $94,020 $20,040 $73,980
2024 $7,318 $92,040 $20,040 $72,000
2023 $7,050 $92,340 $20,040 $72,300
2022 $6,580 $76,500 $20,040 $56,460
2021 $6,837 $71,520 $20,040 $51,480
2019 $6,302 $71,460 $20,040 $51,420
2018 $5,837 $30,096 $6,792 $23,304
2017 $5,543 $28,664 $10,206 $18,458
2016 $5,337 $28,245 $10,188 $18,057
2015 $3,042 $27,643 $11,686 $15,957
2014 $3,042 $26,274 $9,669 $16,605
Source: Public Records

Map

New York Kings County Brooklyn 11218 Borough Park

1116 40th St, Brooklyn, NY

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