1240 New York Ave, Brooklyn, NY 11203

Kings County

Last Updated: April 7, 2025

Auction: Estimated Market Value $1,063,200

Description: 1240 New York Ave, Brooklyn, NY 11203 is a Multi Family Home built in 1899. This property was last sold for $435,000 in 2005 and currently has an estimated value of $1,063,200. According to the Brooklyn public records, the property at 1240 New York Ave, Brooklyn, NY 11203 has approximately 1,656 square feet, with a lot size of 3,075 square feet. Nearby schools include Central Brooklyn Ascend Charter, Ps 361 East Flatbush Early Childhood School, Ps 269 Nostrand and Ps 109.

Last Sold Price: $435,000
Price to EMV Ratio: 88.00%
EARV Ratio: 81.00%
1,656 sqft
3,075 lot size
Year Built: 1899
Latitude: 40.6426830, Longitude: -73.9461100
1240 New York Ave
Brooklyn, NY 11203
Foreclosure History
Property details
The description and property data below may have been provided by a third party, the homeowner or public records.
1240 New York Ave, Brooklyn, NY 11203 is a Multi Family Home built in 1899. This property was last sold for $435,000 in 2005 and currently has an estimated value of $1,063,200. According to the Brooklyn public records, the property at 1240 New York Ave, Brooklyn, NY 11203 has approximately 1,656 square feet, with a lot size of 3,075 square feet. Nearby schools include Central Brooklyn Ascend Charter, Ps 361 East Flatbush Early Childhood School, Ps 269 Nostrand and Ps 109.
Property facts
Primary Land Use and Tax Lot Information
  • 1240 NEW YORK AVENUE, 11203
  • DOB Overview:
  • Building Class:
    B2
    Two Family Dwellings: Frame
  • Year Built:
    1899
  • Number of Buildings:
    1
  • Floors on Main Building:
    2
  • Building Dimensions:
    22'47'
  • Actual Square Footage:
    1,656
  • Calculated Square Footage:
    2,068
  • Residential Floor Area:
    1,656
  • Total Units:
    2
  • Residential Units:
    2
  • Extension:
    None
  • Basement:
    Below grade full basement
  • Proximity:
    Detached
  • Address:
    1240 NEW YORK AVENUE
  • Zip Code:
    11203
  • Borough:
    Brooklyn (3)
  • Block — Lot:
    4949 — 17
  • BBLE:
    3049490017
  • Lot Buildings:
    BIN
    Name
    3111364 1240 NEW YORK AVENUE

  • Ownership:

  • Land Use:
    01
    One & Two Family Buildings
  • Lot Dimensions:
    30'102.50'
  • Calculated Lot Perimeter:
    275.39 ft
  • Acres:
    0.07
  • Lot Area:
    3,075
  • Lot Type:
    Inside
  • Zoning Districts:
    R6
    Moderate-density residence district
  • Zoning Map:

  • Actual FAR:
    0.54
  • Max Residential FAR:
    2.43
  • Max Commercial FAR:
    0
  • Max Facility FAR:
    4.80

  • Max Residential Sqft:
    7,472
  • Buildable Residential Sqft:
    5,816
  • Residential Area Distribution:
Real Property Records
Document Type
Personal Property Records
Document Type
Property Price History
Date Event Price
Aug 18, 2005 Sold $435,000
Aug 16, 2001 Sold $325,000
Property Tax History
Year Taxes Assessment
2024 $6,396 $60,720
2023 $6,419 $63,420
Sold Homes
Address Price Beds Baths
Homes For Sale
Address Price Beds Baths
Home Value
Created with Highcharts 8.0.020102011201220132014201520162017201820192020202120222023202420252026$200K$400K$600K$800K$1M$1.2M$200K$400K$600K$800K$1M$1.2M
Estimated values are not a substitute for professional expertise. Contact your RE agent for a market assessment.
Schools
School Name Rating
St. Jerome School
465 E 29th St, NY 11226
Central Brooklyn Ascend Charter
465 East 29th Street, NY 11226
8 / 10
Phyl's Academy Prep
3520 Tilden Avenue, NY 11203
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.