1138 40th St, Brooklyn, NY 11218 Property Records

New York City property record for 1138 40th St, Brooklyn, NY 11218

Property Summary

Property Type	Triplex
Details	2,402 sqft · built 1901
Lot Size	0.046 acres (2,003 sqft)
Owner	Individual Name on Record
Last Sale	$315,000 (Feb 2001)
Tax Bill	$6,119 (2025)
Deeds & Mortgages	Nov 2019 Mortgage Nov 2019 Loan Modification + 2 more
APN	`05588-0025`

Property Details

APN / Parcel Number

Primary APN	`05588-0025`
Alternative APNs	`1705055880025` `3-05588-0025`

Interior

Units	3 Units
Stories	3 Stories
Building Area	2,402 sqft Living Area
1st Floor Area	860 sqft

Exterior

Year Built	Built 1901
Effective Year Built	Effective 1901
Architectural Style	Triplex
Lot Area	2,003 sqft (0.046 acres)
Lot Dimensions	100 ft deep x 20 ft wide

Location & Zoning

Account Number	3-05588-0025
Street Address	1138 40TH ST
City	BROOKLYN
State	NY
Zip	11218-1935
Property Category	Residential
Property Type	Residential > Multi-Unit > Triplex
Local Zoning Code	R6
Legal Block	5588
Legal Lot Number	25
Jurisdiction	KINGS (BROOKLYN) NY
Township / Civil Division	BROOKLYN
Census Block Group	4
Census Block	4001
Census Tract	22400

Owner

Source: New York City records, as of May 4, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Individual Name on Record
Mailing Address	1138 40TH ST, BROOKLYN, NY 11218-1935
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Nov 19, 2019	Deed of Trust, Mortgage · Conventional Mortgage ARK MTG
Nov 19, 2019	Loan Modification, Mortgage ARK MTG
Oct 26, 2018	Deed of Trust, Mortgage · Conventional Mortgage ARK MTG
Oct 26, 2018	Loan Modification, Mortgage ARK MTG

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 20, 2001 · Amount on Record
Deed Sale	Feb 20, 2001 · Amount on Record
Deed Book / Page	5081 / 1721
Last Transfer Date	Aug 27, 2002
Transfer Doc	5833002390
Record Updated	Oct 29, 2026

November 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KINGS (BROOKLYN) NY
Property Address	1138 40TH ST, BROOKLYN, NY 11218-1935
Document Number	0000403946
Instrument Date	Nov 19, 2019
Transaction Type	Mortgage
Record Updated	Dec 23, 2019
Title Company	ASSURED TITLE, ASSURED TITLE AGENCY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1138 40TH ST BROOKLYN NY 112181935, BROOKLYN, NY 11218-1935

Mortgage

Document Number	0000403946
Date	Dec 10, 2019
Instrument	403946

Lender

Name	ARK MTG
Type	Mortgage Company
Address	SPRING VALLEY, NY 10977

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Dec 9, 2049

November 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	KINGS (BROOKLYN) NY
Property Address	1138 40TH ST, BROOKLYN, NY 11218-1935
Document Number	0000403947
Instrument Date	Nov 19, 2019
Transaction Type	Mortgage
Record Updated	Dec 23, 2019
Title Company	ASSURED TITLE, ASSURED TITLE AGENCY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1138 40TH ST BROOKLYN NY 112181935, BROOKLYN, NY 11218-1935

Mortgage

Document Number	0000403947
Date	Dec 10, 2019
Instrument	403947

Lender

Name	ARK MTG
Type	Mortgage Company
Address	SPRING VALLEY, NY 10977

Agreement

Amount	Amount Recorded
Term	360 Months
Due	Dec 9, 2049

Interest

Rate Type	Fixed Rate
Rate	3.25%

October 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KINGS (BROOKLYN) NY
Property Address	1138 40TH ST, BROOKLYN, NY 11218-1935
Document Number	0000372718
Instrument Date	Oct 26, 2018
Transaction Type	Mortgage
Record Updated	Nov 20, 2018
Title Company	ASSURED TITLE, ASSURED TITLE AGENCY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1138 40TH ST BROOKLYN NY 112181935, BROOKLYN, NY 11218-1935

Mortgage

Document Number	0000372718
Date	Nov 9, 2018
Instrument	372718

Lender

Name	ARK MTG
Type	Mortgage Company
Address	SPRING VALLEY, NY 10977

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Nov 8, 2048

October 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	KINGS (BROOKLYN) NY
Property Address	1138 40TH ST, BROOKLYN, NY 11218-1935
Document Number	0000372719
Instrument Date	Oct 26, 2018
Transaction Type	Mortgage
Record Updated	Nov 20, 2018
Title Company	ASSURED TITLE, ASSURED TITLE AGENCY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1138 40TH ST BROOKLYN NY 112181935, BROOKLYN, NY 11218-1935

Mortgage

Document Number	0000372719
Date	Nov 9, 2018
Instrument	372719

Lender

Name	ARK MTG
Type	Mortgage Company
Address	SPRING VALLEY, NY 10977

Agreement

Amount	Amount Recorded
Term	360 Months
Due	Nov 8, 2048

Interest

Rate Type	Adjustable Rate
Rate	4.87%

Tax Assessment & Valuation

Source: New York City assessment roll, as of May 4, 2026

Property Jurisdictions

Type	Name
State	New York
County	Kings County
Municipality	New York City
Unified School District	New York City Department Of Education (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$83,580 (+8.4%) Land $20,040 Building $63,540	$1,393,000 (+8.4%) Land $334,000 Building $1,059,000
2025	$6,119.00 (+6.18%)
2023	$5,763.00	$77,100 Land $20,040 Building $57,060	$1,285,000 Land $334,000 Building $951,000

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer

FEMA Flood Zone	Not on file

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NEW YORK CITY SYSTEM serves 8,271,000 people · EPA ID NY7003493
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	10 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Uncovered finished water reservoir currently in violation since Feb 2017
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,736 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Optimum Fiber · Cable	8,000 / 8,000
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
Skywire Networks Fixed Wireless	2,000 / 2,000
T-Mobile Fixed Wireless	100 / 20

May also be available: Starry.

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