1245 40th St,
Brooklyn, NY 11218
2,969 sqft
1245 40Th St, Brooklyn, NY 11218 is a Residential Multi-Family of 2,969 SqFt. built in 1901 on a 1,903 SqFt. lot within Kings county. The latest transaction was a Deed purchase on 1/19/2012 for $350,000. Its current estimated value is $1,961,000 and is currently off-market.
Last Sold for $350,000
$1,961,000 estimate
Built in 1901
Last Sold in 2012
2,969 sqft
1,903 lot size
$660 /sqft
Home Highlights
Construction
Type & Styling
• Home Type: Triplex 3 Units
• Property Subtype: Residential
Condition
• Year Built: 1901
• Flood Zone: X - Low/Medium Risk
Financial
• Purchase Method: Cash
• Owners / Type: 1 / Corporate
• Open Loans / Balance: 3 / $181,086
• Taxes Assessed Value: $118,380
• APN: 05293-0049
Public records available for owners of 1245 40th St, Brooklyn, NY 11218
- Contact Information
- Current & Past Addresses
- Properties & Assets
- Businesses & Licenses
Market Analysis
Estimated Value History
According to our records, the estimated value for 1245 40Th St, Brooklyn, NY 11218 has increased by 44 % in the last 4 years.
| Year | Estimated value improvement | Appreciation |
|---|---|---|
| 2026 | $118,380 | $16,560 +16 % ($6/sqft) |
| 2024 | $101,820 | $1,620 +2 % ($1/sqft) |
| 2023 | $100,200 | $18,180 +22 % ($6/sqft) |
| 2022 | $82,020 | - |
Estimated Home Value Comparison
Compared to other properties in Brooklyn, 1245 40th St is valued 90.8 % higher than the neighborhood median,
90.8 % higher than the average home price, and 17.8 %
lower than the typical price per square foot.
By Neighborhood
Brooklyn, NY
Median Home Value
Average Home Value
Average Price Per SqFt.
By ZIP Code
11218
Median Home Value
Average Home Value
Average Price Per SqFt.
Price history & Tax Information
Price History
1245 40Th St, Brooklyn, NY 11218 was last sold for $350,000 on 1/19/2012.| Date | Amount | Term | Event |
|---|---|---|---|
| 1/19/2012 | $350,000 | - | Deed |
| 11/20/2006 | $775,000 | - | Deed |
| 11/20/2001 | $366,000 | 360 | Bargain and Sale Deed |
Tax History
According to public records, in 2025, property tax for 1245 40Th St, Brooklyn, NY 11218 increased by $352 (5 %).| Year | Assessed Value | Tax Amount | Tax Rate (%) | Change Rate | Improvement Value |
|---|---|---|---|---|---|
| 2026 | $118,380 | - | - | - | $94,140 |
| 2025 | - | $6,955 | - | 100 % | - |
| 2024 | $101,820 | $6,603 | 6 % | - | $77,580 |
Nearby Schools
provided by
There are 43 schools nearby
Brooklyn, NY
which include the following district(s): New York City Geographic District #22, New York City Geographic District #20, New York City Geographic District #15, and Brooklyn Prospect Charter School - Community School District 15.2.
Preschool
Ps 130 The Parkside
Public • PK, K-5
Ps 179 Kensington
Public • PK, K-5
Ps 230 Doris L Cohen
Public • PK, K-5
Immaculate Heart Of Mary
Private • PK, K-8
Yeshiva & Mesivta Torah Temimah
Private • PK, K-12
Elementary schools
Ps 130 The Parkside
Public • PK, K-5
Ps 179 Kensington
Public • PK, K-5
Ps 230 Doris L Cohen
Public • PK, K-5
Immaculate Heart Of Mary
Private • PK, K-8
Yeshiva & Mesivta Torah Temimah
Private • PK, K-12
Middle schools
Jhs 62 Ditmas
Public • 6-8
Immaculate Heart Of Mary
Private • PK, K-8
Yeshiva & Mesivta Torah Temimah
Private • PK, K-12
Bais Tziporah
Private • K-12
Yeshivat Shaare Torah Girls Elementary School
Private • PK, K-8
High schools
Brooklyn College Academy
Public • 9-12
Yeshiva & Mesivta Torah Temimah
Private • PK, K-12
Bais Tziporah
Private • K-12
Bnos Yerushalayim School
Private • PK, K-12
Kerem Shlomo
Private • 10-11
Comparables
There is currently 1 comparable. Here's the most similar home for sale in Brooklyn, NY.| Address | Property Type | Beds | Baths | Sqft | Distance |
|---|---|---|---|---|---|
| 1272 41st St, Brooklyn, NY 11218 | Multi-Family | 0 | - | 2,400 | 0.08 mi |
Owners & Tenants
kwjJHMQGuPH9 has owned this property for the last 175 months, and currently does have this property as their primary residence. Other people linked to the property include: Chaim Steinmetz, Gitl Seidenfeld, Gitl Seiderfeld, James Acerra, Mordechai Tessler
Chaim Steinmetz
Brooklyn, NY
Current location
Age
29
Gitl Seidenfeld
Brooklyn, NY
Current location
Age
50
Lived in
South Fallsburg, NY Fallsburg, NY
Related to
Esther Rosenberg, Gitl Seiderfeld, Mendel Seidenfeld
Also known as
Gitty Seidenfeld, Gitl Seiderfeld
Gitl Seiderfeld
Brooklyn, NY
Current location
Age
50
Related to
Gitl Seidenfeld, Esther Rosenberg, Mendel Seidenfeld
James Acerra
Brooklyn, NY
Current location
Age
116
Mordechai Tessler
Brooklyn, NY
Current location
Investment Analysis
Tax Delinquency
No
Short Sale
No
Owner/Type
1 / Corporate
Vacant
No
Liens, Foreclosure, Eviction & Probate
Uncover records with Liens, Evictions, and Foreclosures associated with 1245 40th St, Brooklyn, NY 11218.
Pre-foreclosure
Yes
Property Line
Yes
Pre-probate
No
11218 Housing Profile
According to public records, 38 % of residents in the 11218 area are homeowners, while the remaining 62 % rent their homes. The median rent is $1,966, and the average household size is 2.73 people per home.