NOT LISTED FOR SALE

1255 40th St Brooklyn, NY 11218

Borough Park Neighborhood

Estimated Value: $1,543,879 - $2,754,000

-- Bed
-- Bath
2,472 Sq Ft
$766/Sq Ft Est. Value

About This Home

This home is located at 1255 40th St, Brooklyn, NY 11218 and is currently estimated at $1,893,470, approximately $765 per square foot. 1255 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 17, 2022
Sold by
Gruner Malka and Katz Malka
Bought by
Vallach Pinchas
Current Estimated Value
$1,893,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Outstanding Balance
$1,354,322
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$539,148

Purchase Details

Closed on
Sep 15, 1997
Sold by
Kennedy Jersey Corp
Bought by
Katz Malka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.14%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Vallach Pinchas $1,900,000 --
Katz Malka $95,500 --
Kennedy Jersey Corp $173,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallach Pinchas $1,425,000
Previous Owner Kennedy Jersey Corp $214,600
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 $5,872 $92,280 $22,260 $70,020
2024 $5,872 $93,960 $22,260 $71,700
2023 $5,938 $94,980 $22,260 $72,720
2022 $5,579 $76,740 $22,260 $54,480
2021 $5,753 $64,800 $22,260 $42,540
2020 $4,315 $71,340 $22,260 $49,080
2019 $5,097 $66,480 $22,260 $44,220
2018 $4,967 $24,364 $8,932 $15,432
2017 $4,448 $23,288 $9,330 $13,958
2016 $4,244 $22,780 $10,395 $12,385
2015 $2,430 $21,496 $10,262 $11,234
2014 $2,430 $20,304 $11,634 $8,670
Source: Public Records

Map

New York Kings County Brooklyn 11218 Borough Park

1255 40th St, Brooklyn, NY

This home is located at 1255 40th St, Brooklyn, NY 11218 and is currently estimated at $1,893,470, approximately $765 per square foot. 1255 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.

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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