1216 40th St Brooklyn, NY 11218
Borough Park NeighborhoodEstimated Value: $1,504,000 - $1,999,000
Studio
--
Bath
2,160
Sq Ft
$803/Sq Ft
Est. Value
About This Home
This home is located at 1216 40th St, Brooklyn, NY 11218 and is currently estimated at $1,733,497, approximately $802 per square foot. 1216 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 24, 2017
Sold by
1216 40Th Street Llc
Bought by
Bodenstein Faigy and Bodenstein Moshe
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
$736,000
Outstanding Balance
$610,896
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,122,601
Purchase Details
Closed on
Feb 18, 2016
Sold by
Lombardi Francesco and Zunic William
Bought by
1216 40Th Street Llc
Purchase Details
Closed on
Feb 13, 2016
Sold by
Messina Frank and Messina Peter
Bought by
Lombardi Francesco and Zunic William
Purchase Details
Closed on
May 2, 2013
Sold by
Lombardi Francesco
Bought by
Lombardi Francesco and Zunic William
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bodenstein Faigy | $920,000 | -- | |
| 1216 40Th Street Llc | $900,000 | -- | |
| Lombardi Francesco | -- | -- | |
| Lombardi Francesco | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bodenstein Faigy | $736,000 |
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 | $5,872 | $87,840 | $20,040 | $67,800 |
| 2024 | $5,872 | $77,220 | $20,040 | $57,180 |
| 2023 | $5,676 | $83,700 | $20,040 | $63,660 |
| 2022 | $5,321 | $66,540 | $20,040 | $46,500 |
| 2021 | $5,610 | $61,680 | $20,040 | $41,640 |
| 2020 | $2,699 | $57,180 | $20,040 | $37,140 |
| 2019 | $5,097 | $57,180 | $20,040 | $37,140 |
| 2018 | $4,747 | $23,288 | $8,257 | $15,031 |
| 2017 | $4,228 | $22,213 | $7,641 | $14,572 |
| 2016 | $4,131 | $22,213 | $8,498 | $13,715 |
| 2015 | $2,308 | $21,496 | $9,849 | $11,647 |
| 2014 | $2,308 | $20,304 | $9,797 | $10,507 |
Source: Public Records
Map
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