979 40th Street, Brooklyn

Two-family with store · built c. 1930 · Block 5583, Lot 72.

Building permits

No building permits on file for this lot.

Property taxes

Assessment
$85,980
2026–27 tax
$9,585
Market value (city estimate)
$1,433,000
Taxable value
$48,306
Assessed land
$16,440
Assessed improvements
$69,540

Zoning

R6: floor area ratio 1.48 built, 2.43 allowed by base zoning.

Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

Recent sales

Open-market sales since 2016, from the Department of Finance’s sales files.

More construction in Borough Park

Every lot on block 5583

Umarelli: construction in New York City and Jersey City