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40 116th St

New York City, NY 10026

2 bd 2 ba 1,099 sqft Built 2007 condos
Most recent sale
$1,020,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Listed $999,950 MLS #OLRS-1676374
Jun 1, 2022 Sold $1,020,000 MLS #OLRS-1676374
Mar 15, 2022 Price changed $999,950 MLS #OLRS-1676374
Mar 14, 2022 Price changed $999,950 MLS #877670641330188625
Nov 18, 2021 Price changed $1,185,000 MLS #OLRS-1676374
Nov 2, 2021 Listed $1,200,000 MLS #OLRS-1676374
Sep 24, 2021 Listed $1,200,000 MLS #877670641330188625
Jan 29, 2018 Sold $1,099,000 Public Record
Nov 20, 2008 Sold $650,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $175,604 $2,665 $178,269 $187
2024 $175,604 $2,665 $178,269 $187
2023 $164,396 $2,665 $167,061 $184
2022 $160,570 $2,665 $163,235 $183
2021 $153,454 $2,665 $156,119 $181
2020 $170,177 $2,665 $172,842 $185
2019 $166,290 $2,665 $168,955 $187
2018 $148,120 $2,665 $150,785 $189
2017 $137,905 $2,665 $140,570 $190
2016 $111,982 $2,665 $114,647 $193
2015 $78,167 $2,665 $80,832 $192
2014 $78,167 $2,665 $80,832 $193
2013 $86,684 $2,665 $89,349 $193
2012 $94,105 $2,665 $96,770 $200
2011 $94,105 $2,665 $96,770 $200
2010 $87,040 $2,665 $89,705 $200
2009 $133,493 $2,665 $136,158 $198

Property facts

Year built
2007
Property type
condos
Stories
12
Beds
2
Baths
2
Living area
1,099 sqft
Lot size
ZIP code
10026
City
New York City
Street
116th St
Coordinates
40.80103, -73.94834

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,737
Gross rental yield
4.40%
Implied cap rate
2.86%
Trend-extrapolated value

Frequently asked questions

When did 40 116th St last sell?
40 116th St most recently sold on Jun 1, 2022 for $1,020,000.
What is the current tax assessment for 40 116th St?
The most recent total assessment for 40 116th St (year 2025) is $178,269 with $187 in property tax.
How does 40 116th St's assessment compare to its last sale price?
The current assessment is 82.5% below the last sale price of $1,020,000.
When was 40 116th St built?
40 116th St was built in 2007.
How does 40 116th St compare to others on 116th St?
We track 8 other properties on 116th St. Browse the list under "Other properties on 116th St" to compare beds, baths, and sale history.
What are the property facts for 40 116th St?
40 116th St is a 2 bed, 2 bath, 1,099 sqft condos.
Is 40 116th St a flip candidate?
No — 40 116th St does not appear in our flips dataset.
Is 40 116th St a tax-appeal candidate?
No — 40 116th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.6%
Implied 1-yr
+30.6%
2026 Q1
$1.79M
2026 Q2
$1.89M
ZIP 10026 — Median Price History + Forecast

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