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1042 40th St; Brooklyn, NY Property Details

1042 40th St, Brooklyn, NY is a Triplex 3 Units that was built in 1901. This property is currently a cash purchase and is not for sale. Our records show that 1042 40th St has a total of 2,034 square feet. The lot size of 1042 40th St is 1,903 square feet.

Off market
1042 40th St Brooklyn, NY 11219
$850,000 Listing Price
2,034 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1901
  • Purchase Price: $850,000
  • Open Loans / Balance: 2 / $353,981
  • Est. Equity / %: $1,210,019 / 77.37%
  • APN: 05587-0024
  • Situs County: Kings
  • Length Of Ownership: 10 years, 4 months

Structure

  • Stories: 3

Measurements

  • Total: 2,034/SqFt
  • Lot: 1,903/SqFt
  • Gross: 2,034/SqFt
  • Living: 2,034/SqFt
  • Building: 2,034/SqFt
  • Ground: 722/SqFt
  • Price Per Square Foot: $417.90
Building Insights

Land Information

  • Property Type: Triplex 3 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New York City Department Of Education
  • Lat / Lon: 40.643288 / -73.99252
  • Property Class: Residential
  • Zoning: R6
  • County Use Code: C0

Amenities

  • Plus Four: 1029

Ownership Info

1042 40th St has no associated ownership info
1042 40th St has no associated ownership info.

Taxes

1042 40th St has 10 associated Taxes items

1042 40th St, Brooklyn, NY pays taxes in Kings County, NY. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $96,480. The APN we've located for 1042 40th St is 05587-0024.

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Taxes
  • Assessed Value:  $96,480
  • Assessed Year:  2026
  • Assessed County:  Kings
  • APN:  05587-0024
  • Assessed Land Value:  19860
  • Market Land Value:  331000
  • Tax Amount:  6735.5
  • Tax Year:  2025
  • Market Value:  1608000
  • Market Year:  2026

Tax History

1042 40th St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $96,480 Land Value $19,860 Improvement Value $76,620 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,735.5 Change Rate +0.009755% Assessed CR Tax Rate
Year 2024 Assessed Value $70,740 Land Value $19,860 Improvement Value $50,880 Tax Amount $6,670.43 Change Rate +0.059328% Assessed CR Tax Rate +0.094295%
Year 2023 Assessed Value $63,060 Land Value $19,860 Improvement Value $43,200 Tax Amount $6,296.85 Change Rate +0.047722% Assessed CR Tax Rate +0.099855%
Year 2022 Assessed Value $59,880 Land Value $19,860 Improvement Value $40,020 Tax Amount $6,010.04 Change Rate -0.48905% Assessed CR Tax Rate +0.100368%
Year 2021 Assessed Value $65,640 Land Value $19,860 Improvement Value $45,780 Tax Amount $11,762.48 Change Rate +3.023341% Assessed CR Tax Rate +0.179197%
Year 2020 Assessed Value $57,300 Land Value $19,860 Improvement Value $37,440 Tax Amount $2,923.56 Change Rate -0.476178% Assessed CR Tax Rate +0.051022%
Year 2019 Assessed Value $57,300 Land Value $19,860 Improvement Value $37,440 Tax Amount $5,581.21 Change Rate +0.047965% Assessed CR Tax Rate +0.097403%
Year 2018 Assessed Value $26,126 Land Value $7,036 Improvement Value $19,090 Tax Amount $5,325.76 Change Rate +0.059406% Assessed CR Tax Rate +0.203849%
Year 2017 Assessed Value $24,661 Land Value $9,581 Improvement Value $15,080 Tax Amount $5,027.12 Change Rate +0.103959% Assessed CR Tax Rate +0.203849%
Year 2016 Assessed Value $23,288 Land Value $9,423 Improvement Value $13,865 Tax Amount $4,553.72 Change Rate Assessed CR Tax Rate +0.195539%
Year 2015 Assessed Value $23,288 Land Value $12,715 Improvement Value $10,573 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $23,064 Land Value $15,102 Improvement Value $7,962 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $2,653.14 Change Rate Assessed CR Tax Rate