1168 40th St, Brooklyn, NY 11218 Property Records

New York City property record for 1168 40th St, Brooklyn, NY 11218

Property Summary

Property TypeMixed Use Commercial Office / Residential
Details3,300 sqft · built 1930
Lot Size0.046 acres (2,003 sqft)
OwnerIndividual Name on File
Tax Bill$6,865 (2025)
Deeds & MortgagesOct 2020 Mortgage
APN05588-0040

Property Details

APN / Parcel Number

Primary APN05588-0040
Alternative APNs
  • 1705055880040
  • 3-05588-0040

Interior

Units6 Units
Stories3 Stories
Building Area3,300 sqft Gross Area
1st Floor Area1,100 sqft

Exterior

Year BuiltBuilt 1930
Effective Year BuiltEffective 1930
Lot Area2,003 sqft (0.046 acres)
Lot Dimensions100 ft deep x 20 ft wide
View / LotCorner

Location & Zoning

Account Number3-05588-0040
Street Address1168 40TH ST
CityBROOKLYN
StateNY
Zip11218-1935
Property CategoryCommercial
Property TypeCommercial > Office > Mixed Use Commercial Office / Residential
Local Zoning CodeR6
Legal Block5588
Legal Lot Number40
JurisdictionKINGS (BROOKLYN) NY
Township / Civil DivisionBROOKLYN
Census Block Group4
Census Block4001
Census Tract22400

Owner

1168 40th St, a commercial property, is owned by an individual who acquired it in October 2020.

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

Owner of RecordIndividual Name on File
Mailing Address1554 39TH ST, BROOKLYN, NY 11218-4414
Owner TypeIndividual
VestingIndividual(s)

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

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 19, 2020
Deed SaleOct 19, 2020
Prior SaleOct 6, 2015 · Amount on File
Deed Document Number2020287232
Prior Transfer DateMay 8, 1997
Prior Transfer Doc3945001703
Record UpdatedOct 29, 2026

October 2020: Deed, Transfer

Document TypeDeed
JurisdictionKINGS (BROOKLYN) NY
Recording DateOct 19, 2020
Property Address1168 40TH ST, BROOKLYN, NY 11218-1935
Document Number0000287232
Instrument DateOct 2, 2020
Instrument2020000287232
Transaction TypeTransfer
Record UpdatedJul 9, 2021

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address1554 39TH ST, 1554, BROOKLYN, NY 11218-4414

Transferred To (Grantee/Buyer)

NameVerified Name
Address1554 39TH ST, BROOKLYN, NY 11218-4414

Mortgage

Document Number0000287233
DateOct 19, 2020
Instrument2020000287233
Lender
NameMERS
Agreement
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 1168 40th St was $6,865, up 6% from the year before.

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

Property Jurisdictions

TypeName
StateNew York
CountyKings County
MunicipalityNew York City
Unified School DistrictNew York City Department Of Education (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$79,680 (+3.99%) Land $15,420 Building $64,260$1,328,000 (+3.99%) Land $257,000 Building $1,071,000
2025$6,865.00 (+6.01%)$76,620 Land $15,420 Building $61,200$1,277,000 Land $257,000 Building $1,020,000
2024$6,476.00
2023$6,476.00$78,420 Land $15,420 Building $63,000$1,307,000 Land $257,000 Building $1,050,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA has no flood map on file for 1168 40th St.

Source: FEMA National Flood Hazard Layer

FEMA Flood ZoneNot on file

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

Wildfire

The area around 1168 40th St has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot 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 SystemNEW YORK CITY SYSTEM
serves 8,271,000 people · EPA ID NY7003493
Water SourceSurface water
Last State InspectionDec 2025
Lead10 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureUncovered finished water reservoir
currently in violation since Feb 2017
Monitoring and ReportingNone
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

ProviderMax 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.

Nearby Properties on 40th St

Nearby Streets

Search Property Records by Address or Parcel Number