NOT LISTED FOR SALE

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
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 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 $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

New York Kings County Brooklyn 11218 Borough Park

1583 40th St, Brooklyn, NY

Not Listed for Sale

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