1229 40th St Brooklyn, NY 11218
Borough Park NeighborhoodEstimated Value: $1,189,581 - $2,199,000
Studio
--
Bath
1,928
Sq Ft
$832/Sq Ft
Est. Value
About This Home
This home is located at 1229 40th St, Brooklyn, NY 11218 and is currently estimated at $1,603,645, approximately $831 per square foot. 1229 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
Feb 20, 2023
Sold by
Kviat Abraham Lazer and Kviat Lazer
Bought by
Al Kviat Revocable Trust and Kviat As Trustee, Bella Cirel
Current Estimated Value
Purchase Details
Closed on
Dec 21, 1999
Sold by
Venggroski Louise
Bought by
Kviat Lazer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.4%
Purchase Details
Closed on
Mar 30, 1995
Sold by
Mannucci Josephine M
Bought by
Mannucci Salvatore J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Al Kviat Revocable Trust | -- | -- | |
| Kviat Lazer | $215,000 | Commonwealth Land Title Ins | |
| Mannucci Salvatore J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kviat Lazer | $172,000 | |
| Closed | Kviat Lazer | $244,837 |
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 | $5,440 | $68,280 | $20,700 | $47,580 |
| 2024 | $5,440 | $66,900 | $20,700 | $46,200 |
| 2023 | $5,501 | $79,200 | $20,700 | $58,500 |
| 2022 | $5,149 | $64,800 | $20,700 | $44,100 |
| 2021 | $5,328 | $59,400 | $20,700 | $38,700 |
| 2019 | $4,722 | $58,140 | $20,700 | $37,440 |
| 2018 | $4,601 | $22,572 | $8,346 | $14,226 |
| 2017 | $4,382 | $21,496 | $9,258 | $12,238 |
| 2016 | $4,218 | $21,099 | $9,009 | $12,090 |
| 2015 | $2,446 | $19,905 | $11,146 | $8,759 |
| 2014 | $2,446 | $18,810 | $12,639 | $6,171 |
Source: Public Records
Map
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