1245 40th St, Brooklyn, NY 11218

Kings County

Last Updated: June 21, 2023

Pre-Foreclosure: Lis Pendens, Estimated Market Value $1,634,300

Description: 1245 40th St, Brooklyn, NY 11218 is a Multi Family Home built in 1901. This property was last sold for $350,000 in 2012 and currently has an estimated value of $1,634,300. According to the Brooklyn public records, the property at 1245 40th St, Brooklyn, NY 11218 has approximately 2,969 square feet, with a lot size of 1,903 square feet. Nearby schools include Ps 230 Doris L Cohen, Ps 131 and BROOKLYN PROSPECT CS -CSD 15.2.

Last Sold Price: $350,000
Price to EMV Ratio: 107.00%
EARV Ratio: 101.00%
2,969 sqft
1,903 lot size
Year Built: 1901
Latitude: 40.6407330, Longitude: -73.9875160
1245 40th St
Brooklyn, NY 11218
Foreclosure History
Lis Pendens
Property details
The description and property data below may have been provided by a third party, the homeowner or public records.
1245 40th St, Brooklyn, NY 11218 is a Multi Family Home built in 1901. This property was last sold for $350,000 in 2012 and currently has an estimated value of $1,634,300. According to the Brooklyn public records, the property at 1245 40th St, Brooklyn, NY 11218 has approximately 2,969 square feet, with a lot size of 1,903 square feet. Nearby schools include Ps 230 Doris L Cohen, Ps 131 and BROOKLYN PROSPECT CS -CSD 15.2.
Property facts
Property features
Primary Land Use and Tax Lot Information
  • 1245 40 STREET, 11218
  • DOB Overview:
  • Building Class:
    C0
    Walk Up Apartments: Three Families
  • Year Built:
    1901
  • Number of Buildings:
    1
  • Floors on Main Building:
    3
  • Building Dimensions:
    20'40'
  • Actual Square Footage:
    2,969
  • Calculated Square Footage:
    2,400
  • Residential Floor Area:
    2,969
  • Total Units:
    3
  • Residential Units:
    3
  • Extension:
    None
  • Basement:
    Below grade full basement
  • Proximity:
    Attached
  • Address:
    1245 40 STREET
  • Zip Code:
    11218
  • Borough:
    Brooklyn (3)
  • Block — Lot:
    5293 — 49
  • BBLE:
    3052930049
  • Lot Buildings:
    BIN
    Name
    3123091 1245 40 STREET

  • Ownership:

  • Land Use:
    02
    Multi-Family Walk-Up Buildings
  • Lot Dimensions:
    20'95.17'
  • Calculated Lot Perimeter:
    235.60 ft
  • Acres:
    0.04
  • Lot Area:
    1,903
  • Lot Type:
    Inside
  • Zoning Districts:
    R6
    Moderate-density residence district
  • Zoning Map:

  • Actual FAR:
    1.56
  • Max Residential FAR:
    2.43
  • Max Commercial FAR:
    0
  • Max Facility FAR:
    4.80

  • Max Residential Sqft:
    4,624
  • Buildable Residential Sqft:
    1,655
  • Residential Area Distribution:
Real Property Records
Document Type
Property Price History
Date Event Price
Jan 19, 2012 Sold $350,000
Nov 20, 2006 Sold $775,000
Property Tax History
Year Taxes Assessment
2024 $6,602 $101,820
2023 $6,305 $100,200
Sold Homes
Address Price Beds Baths
Homes For Sale
Address Price Beds Baths
Home Value
Estimated values are not a substitute for professional expertise. Contact your RE agent for a market assessment.
Schools
School Name Rating
Yeshiva Mesivta Chernobil
4114 12th Avenue, NY 11219
Bais Shifra
1327 38th Street, NY 11218
Talmud Torah Ohel Yochanan School
1325 38th Street, NY 11218
Data provided by GreatSchools.org © 2025. All Rights Reserved.
School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Flood Factor
Flood Factor Score: 6 Flood Factor Score: 6 Flood Factor Score: 6 Flood Factor Score: 6
6 |10
Major
Flood Factor
FEMA Zone (Est.)
X (unshaded)
Flood insurance:
Recommended
Flood risks are increasing as sea levels rise and weather patterns change.
This property has a Major Flood Factor .
Flood Factor data provided by FloodFactor.