1583 40th St Brooklyn, NY 11218
Borough Park Neighborhood
Studio
--
Bath
2,880
Sq Ft
1,437
Sq Ft Lot
About This Home
This home is located at 1583 40th St, Brooklyn, NY 11218. 1583 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
Mar 29, 2018
Sold by
Shenker Menachem
Bought by
1583 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$856,000
Outstanding Balance
$732,974
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 6, 1997
Sold by
Yoffe Shloma N
Bought by
Shenker Menachem
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.97%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1583 Llc | -- | -- | |
| 1583 Ny Realty Inc | $1,070,000 | -- | |
| 1583 Llc | -- | -- | |
| 1583 Ny Realty Inc | $1,070,000 | -- | |
| 1583 Llc | -- | -- | |
| Shenker Menachem | $210,000 | Commonwealth Land Title Ins | |
| Shenker Menachem | $210,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1583 Ny Realty Inc | $856,000 | |
| Closed | 1583 Ny Realty Inc | $856,000 | |
| Closed | 1583 Llc | $0 | |
| Previous Owner | Shenker Menachem | $147,000 |
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 | $19,599 | $212,850 | $61,650 | $151,200 |
| 2024 | $19,599 | $189,450 | $61,650 | $127,800 |
| 2023 | $20,121 | $193,500 | $61,650 | $131,850 |
| 2022 | $19,020 | $176,850 | $61,650 | $115,200 |
| 2021 | $16,795 | $157,050 | $61,650 | $95,400 |
| 2019 | $16,415 | $209,250 | $61,650 | $147,600 |
| 2018 | $12,514 | $199,800 | $61,650 | $138,150 |
| 2017 | $8,811 | $182,250 | $61,650 | $120,600 |
| 2016 | $5,509 | $165,600 | $38,700 | $126,900 |
| 2015 | $2,851 | $23,730 | $9,051 | $14,679 |
| 2014 | $2,851 | $22,387 | $10,239 | $12,148 |
Source: Public Records
Map
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