242 40th St Brooklyn, NY 11232
Sunset Park NeighborhoodEstimated Value: $2,798,882
Studio
--
Bath
6,025
Sq Ft
$465/Sq Ft
Est. Value
About This Home
This home is located at 242 40th St, Brooklyn, NY 11232 and is currently estimated at $2,798,882, approximately $464 per square foot. 242 40th St is a home located in Kings County with nearby schools including P.S. 24.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 15, 2011
Sold by
Joseph James Printing Corp
Bought by
Aiden Shoe Corp
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
$1,200,000
Outstanding Balance
$826,342
Interest Rate
4.76%
Mortgage Type
Commercial
Estimated Equity
$1,972,540
Purchase Details
Closed on
Jan 18, 2006
Sold by
Bender Mollie
Bought by
405 West 14Th Street Llc
Purchase Details
Closed on
Dec 29, 1994
Sold by
Colonial Mirror & Glass Corp
Bought by
Joseph James Printing Corp and Almar Press
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aiden Shoe Corp | $1,450,000 | -- | |
| 405 West 14Th Street Llc | -- | -- | |
| Joseph James Printing Corp | $360,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aiden Shoe Corp | $1,200,000 |
Source: Public Records
Tax History Compared to Growth
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 | $32,431 | $306,900 | $76,050 | $230,850 |
| 2024 | $32,431 | $330,300 | $76,050 | $254,250 |
| 2023 | $32,481 | $311,850 | $76,050 | $235,800 |
| 2022 | $30,636 | $284,850 | $76,050 | $208,800 |
| 2021 | $28,681 | $268,200 | $76,050 | $192,150 |
| 2020 | $14,278 | $335,700 | $76,050 | $259,650 |
| 2019 | $23,903 | $324,900 | $76,050 | $248,850 |
| 2018 | $20,269 | $211,950 | $76,050 | $135,900 |
| 2017 | $19,000 | $211,050 | $76,050 | $135,000 |
| 2016 | $17,671 | $232,200 | $76,050 | $156,150 |
| 2015 | $10,416 | $156,600 | $76,050 | $80,550 |
| 2014 | $10,416 | $152,100 | $76,050 | $76,050 |
Source: Public Records
Map
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