New York City property record for 242 40th St, Brooklyn, NY 11232
| Property Type | General Industrial |
|---|---|
| Details | 6,025 sqft · built 1952 |
| Lot Size | 0.139 acres (6,043 sqft) |
| Owner | Company Name on File |
| Last Sale | $1,450,000 (May 2011) |
| Tax Bill | $32,331 (2025) |
| APN | 00712-0024 |
| Primary APN | 00712-0024 |
|---|---|
| Alternative APNs |
|
| Units | 2 Units |
|---|---|
| Stories | 1 Story |
| Building Area | 6,025 sqft Gross Area |
| 1st Floor Area | 6,025 sqft |
| Office | 600 sqft |
| Year Built | Built 1952 |
|---|---|
| Effective Year Built | Effective 1952 |
| Lot Area | 6,043 sqft (0.139 acres) |
| Lot Dimensions | 100 ft deep x 60.3 ft wide |
| Account Number | 3-00712-0024 |
|---|---|
| Street Address | 242 40TH ST |
| City | BROOKLYN |
| State | NY |
| Zip | 11232-2810 |
| Property Category | Industrial |
| Property Type | Industrial > General Industrial |
| Local Zoning Code | M1-2 |
| Legal Block | 712 |
| Legal Lot Number | 24 |
| Jurisdiction | KINGS (BROOKLYN) NY |
| Township / Civil Division | BROOKLYN |
| Census Block Group | 1 |
| Census Block | 1017 |
| Census Tract | 200 |
Source: New York City assessment roll, as of May 4, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 242 40TH ST, BROOKLYN, NY 11232-2810 |
| Owner Type | Company |
| Vesting | Company |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | May 3, 2011 · Amount on Record |
| Deed Sale | May 3, 2011 · Amount on Record |
| Prior Sale | Feb 10, 1995 · Amount on Record |
| Deed Document Number | 2011160018 |
| Prior Transfer Date | Jan 18, 2006 |
| Prior Transfer Doc | 0000221288 |
| Record Updated | Jun 8, 2026 |
Source: New York City assessment roll, as of May 4, 2026
| Type | Name |
|---|---|
| State | New York |
| County | Kings County |
| Municipality | New York City |
| Unified School District | New York City Department Of Education (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $303,750 (-2.6%) Land $76,050 Building $227,700 | $675,000 (-2.6%) Land $169,000 Building $506,000 | |
| 2025 | $32,331.00 (+0.05%) | ||
| 2023 | $32,316.00 | $311,850 Land $76,050 Building $235,800 | $693,000 Land $169,000 Building $524,000 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Not on file |
|---|---|
| Nearby Flood Policies | 4 in force |
| Nearby Flood Claims | 5 (1979–2012) |
| Most Recent Claim | Oct 2012 · Hurricane Sandy |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
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 |
| 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.
Source: FCC Broadband Data Collection, based on 1,129 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Verizon Fiber · Fixed Wireless in parts of the area | 2,300 / 2,300 |
| Spectrum Cable · Fiber in parts of the area | 1,000 / 1,000 |
| T-Mobile USA Fixed Wireless | 100 / 20 |
May also be available: Optimum Communications, Xchange Telecom.
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