1402 40th St Brooklyn, NY 11218
Borough Park NeighborhoodEstimated Value: $4,273,773
Studio
--
Bath
43,200
Sq Ft
$99/Sq Ft
Est. Value
About This Home
This home is located at 1402 40th St, Brooklyn, NY 11218 and is currently estimated at $4,273,773, approximately $98 per square foot. 1402 40th St is a home located in Kings County with nearby schools including P.S. 164 Caesar Rodney School, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 15, 2019
Sold by
1402 Yky Llc
Bought by
1402 Yky Llc
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
$10,500,000
Outstanding Balance
$9,054,933
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$4,751,978
Purchase Details
Closed on
Jul 12, 2018
Sold by
Yeshivath Kehilath Yakov Inc
Bought by
1402 Yky Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 1997
Sold by
Boro Park Community Health Center Realty
Bought by
Yeshivath Kehilath Yakov Inc
Purchase Details
Closed on
Mar 27, 1996
Sold by
Bayis Neemon
Bought by
Boro Park Community Health Ctr Rlty Corp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1402 Yky Llc | -- | -- | |
| 1402 Yky Llc | -- | -- | |
| Yeshivath Kehilath Yakov Inc | $1,425,000 | -- | |
| Boro Park Community Health Ctr Rlty Corp | $1,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1402 Yky Llc | $10,500,000 | |
| Previous Owner | 1402 Yky Llc | $8,000,000 |
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 |
|---|---|---|---|---|
| 2026 | -- | $3,642,750 | $151,650 | $3,491,100 |
| 2025 | -- | $3,555,000 | $151,650 | $3,403,350 |
| 2024 | -- | $3,502,800 | $151,650 | $3,351,150 |
| 2023 | $0 | $3,432,150 | $151,650 | $3,280,500 |
| 2022 | $0 | $3,235,950 | $151,650 | $3,084,300 |
| 2021 | $0 | $2,968,650 | $151,650 | $2,817,000 |
| 2020 | $0 | $3,657,150 | $151,650 | $3,505,500 |
| 2019 | $0 | $3,549,150 | $151,650 | $3,397,500 |
| 2018 | $0 | $3,410,550 | $151,650 | $3,258,900 |
| 2017 | $0 | $3,212,100 | $151,650 | $3,060,450 |
| 2016 | -- | $3,052,350 | $151,650 | $2,900,700 |
| 2015 | -- | $2,890,800 | $151,650 | $2,739,150 |
| 2014 | -- | $2,806,650 | $151,650 | $2,655,000 |
Source: Public Records
Map
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