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7040 Colonial Road, Brooklyn, NY 11209 Property Information

7040 Colonial Road, Brooklyn, NY 11209 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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7040 Colonial Road, Brooklyn, NY 11209 2
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Address

Primary address 7040 Colonial Road
Secondary address 107-115 71st St
Neighborhood Bay Ridge
Zip code 11209
Borough Brooklyn
Block & lot 05884-0037

Sales & Tax Overview for 7040 Colonial Road, Brooklyn

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Tax class

Lot & Building Information for 7040 Colonial Road, Brooklyn

Lot sqft 14,090
Lot dimensions 100.33 ft x 140.67 ft
Building class Elevator Apartment - Semi-fireproof without Stores (D1) i
Building sqft 63,990
Building dimensions 140 ft x 90 ft
Buildings on lot 1
Stories 6
Year built 1931
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Zoning & Use for 7040 Colonial Road, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 60
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 10
Closest police station 0.52 Miles
Closest fire station 0.38 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 7040 Colonial Road, Brooklyn

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Floor area ratio (FAR) for 7040 Colonial Road, Brooklyn, NY 11209, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 7040 Colonial Road, Brooklyn, NY 11209, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 107-115 71st St, Brooklyn, NY 11209
  • 7034-7048 Colonial Rd, Brooklyn, NY 11209
  • 102-110 Mackay Pl, Brooklyn, NY 11209

About 7040 Colonial Road, Brooklyn

Ownership Information for 7040 Colonial Road, Brooklyn

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Property owner name for 7040 Colonial Road, Brooklyn, NY 11209
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Building contacts for 7040 Colonial Road, Brooklyn, NY 11209
Building management:
Representatives (from permits):
Tenants:

Past Sales & Property History for 7040 Colonial Road, Brooklyn

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No recorded sales for this property.

Title Documents for 7040 Colonial Road, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
11/29/2018 - R UCC3 Termination
(2018111300331007)
10/22/2018 - D
11/29/2018 - R
Satisfaction of Mortgage
(2018111300331006)
10/07/2016 - R UCC3 Continuation
(2016100601153001)
09/30/2016 - R UCC3 Amendment
(2016092801174001)
11/05/2015 - D
02/26/2016 - R
Assignment, Mortgage
(2016021802308001)
01/25/2012 - R Initial UCC1
(2012012000199001)
03/14/2005 - D
05/05/2005 - R
Satisfaction of Mortgage
(2005050300603001)
02/19/2004 - R Agreement
(2003121900448001)
12/22/2003 - D
01/23/2004 - R
Initial UCC1
(2003122200947001)
12/26/2002 - R Release
(3180009026318)
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R: Recorded date
D: Document date

Property Taxes for 7040 Colonial Road, Brooklyn

Access detailed property tax data for 7040 Colonial Road, Brooklyn, NY 11209. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $182,115
Tax assessor's market value: $3,637,000
Assessed value: $1,636,650

Assessment History for 7040 Colonial Road, Brooklyn

Here's the assessment & property tax history for 7040 Colonial Road, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2024/25 $3,397,000 $1,528,650 $1,443,780 12.5% $180,473 $180,473 +1.12%
2023/24 $3,209,000 $1,444,050 $1,427,580 12.502% $178,476 $178,476 +12.38%
2022/23 $2,877,000 $1,294,650 $1,294,650 12.267% $158,815 $158,815 -5.98%
2021/22 $3,068,000 $1,380,600 $1,380,600 12.235% $168,916 $168,916 -8.15%
2020/21 $3,491,000 $1,570,950 $1,499,220 12.267% $183,909 $183,909 +2.84%

Permits for 7040 Colonial Road, Brooklyn

The complete history of permits filed for 7040 Colonial Road, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
08/30/2024 Alteration
04/16/2024 Alteration
04/16/2024 Alteration
02/05/2024 Alteration
03/20/2019 Alteration
03/09/2019 Alteration
03/09/2019 Alteration
03/08/2019 Alteration type 3
12/05/2018 Alteration type 3
11/16/2007 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q2/2025
$508
8% YoY
Median Price/Sqft Q1/2025
$478
-1.4% YoY
Median Price/Sqft 2024
$470
2.1% YoY

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Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & Bay Ridge Ave at NW Corner
Station lines R
Distance (miles) 0.46
View subway map
Bus Routes
Name Bay Ridge Av/Colonial Rd
Line X37
Distance (miles) 0.117

Neighbors for 7040 Colonial Road, Brooklyn

Here are the neighbors for 7040 Colonial Road, Brooklyn, NY 11209.

Address Square feet Purchase date Purchase price
86 Mackay Pl, Brooklyn 1,142 04/17/1980
82 Mackay Pl, Brooklyn 1,501 05/11/2022
78 Mackay Pl, Brooklyn 1,462 10/20/2000
92 Mackay Pl, Brooklyn 1,142 07/28/2011 $650,000
90 Mackay Pl, Brooklyn 1,142 08/09/2023 $1,050,000
99 71st St, Brooklyn 1,142 06/21/2002
87 71st St, Brooklyn 1,840 05/24/1990
94 Mackay Pl, Brooklyn 1,142 07/19/1977
76 Mackay Pl, Brooklyn 1,462 02/15/2011 $620,000
105 71st St, Brooklyn 1,142 06/10/1986
97 71st St, Brooklyn 1,142 11/16/1998
80 Mackay Pl, Brooklyn 1,501 07/18/2014 $810,000
103 71st St, Brooklyn 1,142 07/18/1979
97 A 71st St, Brooklyn 1,142 12/06/2002 $401,000
98 Mackay Pl, Brooklyn 1,142 10/14/2022 $975,000
95 71st St, Brooklyn 1,142 04/12/2004 $525,000
89 71st St, Brooklyn 1,142 05/04/2018 $10
88 Mackay Pl, Brooklyn 1,142 12/30/1998
93 71st St, Brooklyn 1,142 09/30/2016 $650,000
91 71st St, Brooklyn 1,142 09/30/2021
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