627 40th St Brooklyn, NY 11232
Sunset Park NeighborhoodEstimated Value: $1,391,000 - $1,802,000
Studio
--
Bath
2,108
Sq Ft
$719/Sq Ft
Est. Value
About This Home
This home is located at 627 40th St, Brooklyn, NY 11232 and is currently estimated at $1,516,553, approximately $719 per square foot. 627 40th St is a home located in Kings County with nearby schools including P.S. 24, Bnos Margulia Viznitz, and Yeshiva Chatzar Hakodesh Sanz.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 15, 2011
Sold by
Chen'S Family Holdings Inc
Bought by
Chen Bi
Current Estimated Value
Purchase Details
Closed on
Nov 30, 2009
Sold by
Chen Bi
Bought by
Chen'S Family Holdings Inc
Purchase Details
Closed on
Dec 23, 2005
Sold by
Leung Kam Yau
Bought by
Chen Bi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 4, 2000
Sold by
Delbianco Nicholas
Bought by
Leung Kam Yau and Leung Xiu Hua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
7.88%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Bi | -- | -- | |
| Chen'S Family Holdings Inc | -- | -- | |
| Chen Bi | $715,000 | -- | |
| Leung Kam Yau | $324,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chen Bi | $495,000 | |
| Previous Owner | Leung Kam Yau | $241,500 |
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 | $7,331 | $85,860 | $25,560 | $60,300 |
| 2024 | $7,331 | $83,280 | $25,560 | $57,720 |
| 2023 | $6,993 | $100,380 | $25,560 | $74,820 |
| 2022 | $6,874 | $79,620 | $25,560 | $54,060 |
| 2021 | $7,192 | $68,460 | $25,560 | $42,900 |
| 2020 | $3,373 | $83,040 | $25,560 | $57,480 |
| 2019 | $6,363 | $70,800 | $25,560 | $45,240 |
| 2018 | $5,850 | $28,696 | $7,737 | $20,959 |
| 2017 | $5,850 | $28,696 | $10,856 | $17,840 |
| 2016 | $5,693 | $28,480 | $11,790 | $16,690 |
| 2015 | $3,265 | $26,868 | $15,075 | $11,793 |
| 2014 | $3,265 | $25,348 | $16,379 | $8,969 |
Source: Public Records
Map
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