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87 E 40th St; Brooklyn, NY Property Details

87 E 40th St, Brooklyn, NY is a Duplex 2 Units that was built in 1925. This property is currently a cash purchase and is not for sale. Our records show that 87 E 40th St has a total of 1,952 square feet. The lot size of 87 E 40th St is 2,000 square feet.

Off market
87 E 40th St Brooklyn, NY 11203
$49,440 Estimated Value
1,952 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Open Loans / Balance: 2 / $207,402
  • Est. Equity / %: $772,598 / 78.84%
  • APN: 04861-0040
  • Situs County: Kings
  • Length Of Ownership: 10 years, 4 months

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,952/SqFt
  • Lot: 2,000/SqFt
  • Gross: 1,952/SqFt
  • Living: 1,952/SqFt
  • Building: 1,952/SqFt
  • Ground: 976/SqFt
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New York City Department Of Education
  • Lat / Lon: 40.653763 / -73.94015
  • Property Class: Residential
  • Zoning: R5
  • County Use Code: B2

Amenities

  • Plus Four: 2910

Ownership Info

87 E 40th St has no associated ownership info
87 E 40th St has no associated ownership info.

Taxes

87 E 40th St has 10 associated Taxes items

87 E 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 $49,440. The APN we've located for 87 E 40th St is 04861-0040.

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Taxes
  • Assessed Value:  $49,440
  • Assessed Year:  2026
  • Assessed County:  Kings
  • APN:  04861-0040
  • Assessed Land Value:  13980
  • Market Land Value:  233000
  • Tax Amount:  5907.6
  • Tax Year:  2025
  • Market Value:  824000
  • Market Year:  2026

Tax History

87 E 40th St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $49,440 Land Value $13,980 Improvement Value $35,460 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,907.6 Change Rate +0.059965% Assessed CR Tax Rate
Year 2024 Assessed Value $46,980 Land Value $13,980 Improvement Value $33,000 Tax Amount $5,573.39 Change Rate +0.059973% Assessed CR Tax Rate +0.118633%
Year 2023 Assessed Value $50,220 Land Value $13,980 Improvement Value $36,240 Tax Amount $5,258.05 Change Rate -0.011029% Assessed CR Tax Rate +0.1047%
Year 2022 Assessed Value $44,340 Land Value $13,980 Improvement Value $30,360 Tax Amount $5,316.69 Change Rate -0.51381% Assessed CR Tax Rate +0.119907%
Year 2021 Assessed Value $45,300 Land Value $13,980 Improvement Value $31,320 Tax Amount $10,935.42 Change Rate Assessed CR Tax Rate +0.2414%
Year 2020 Assessed Value $43,920 Land Value $13,980 Improvement Value $29,940 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $43,920 Land Value $13,980 Improvement Value $29,940 Tax Amount $4,661.18 Change Rate +0.048125% Assessed CR Tax Rate +0.106129%
Year 2018 Assessed Value $21,816 Land Value $7,388 Improvement Value $14,428 Tax Amount $4,447.16 Change Rate -0.000004% Assessed CR Tax Rate +0.203849%
Year 2017 Assessed Value $21,816 Land Value $7,918 Improvement Value $13,898 Tax Amount $4,447.18 Change Rate +0.050439% Assessed CR Tax Rate +0.203849%
Year 2016 Assessed Value $21,651 Land Value $9,256 Improvement Value $12,395 Tax Amount $4,233.64 Change Rate Assessed CR Tax Rate +0.19554%
Year 2015 Assessed Value $20,426 Land Value $13,095 Improvement Value $7,331 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $19,270 Land Value $14,810 Improvement Value $4,460 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $2,402.7 Change Rate Assessed CR Tax Rate