40 EXCHANGE ST
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Location
40 EXCHANGE ST
Mblu
162/ 0735/ 00600/ /
Acct#
162 0735 00600
Owner
ALITE PROPERTIES LLC
Total Market Value
$244,580
Appraisal
$349,400
PID
7810
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$231,000$118,400$349,400
Assessment
Valuation YearImprovementsLandTotal
2025$161,700$82,880$244,580

Owner of Record
OwnerALITE PROPERTIES LLC
Co-Owner
Address3924 DEREIMER AVE

BRONX, NY 10466
Sale Price$0
Certificate
Book & Page 10646/321
Sale Date02/20/2024
Instrument3

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ALITE PROPERTIES LLC$0 10646/321302/20/2024
WALCOTT ANTHONY$420,000 10619/3120012/05/2023
280 WINTHROP DEL LLC$0 10281/18411/12/2021
SAP RE HOLDINGS LLC$250,000 10156/942504/19/2021
JR REALTY VENTURES LLC$210,000 10156/912504/19/2021

Building Information
Building 1 : Section 1
Year Built: 1900
Living Area: 1,908
Replacement Cost: $249,313
Building Percent Good: 68
Replacement Cost
Less Depreciation:
$169,500
Building Attributes
FieldDescription
Style:2 Family
ModelMulti-Fam 2-4
Grade:Above Average
Stories:2.5
Occupancy2
Exterior Wall 1Aluminum Sidng
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsphalt
Interior Wall 1Plaster/Drywal
Interior Wall 2 
Interior Flr 1Fin WD/Carpet
Interior Flr 2Concr Abv Grad
Heat FuelOil/Gas
Heat Type:Forced Hot Air
AC Type:None
Total Bedrooms:4 Bedrooms
Total Bthrms:2
Total Half Baths:0
Total Xtra Fixtrs: 
Total Rooms:8 Rooms
Bath Style:Average
Kitchen Style:Average
Interior Condition 
Fin Bsmnt Area 
Fin Bsmnt Qual 
NBHD CodeFAIR HAVEN S
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 954 954
FUSFinished Upper Story 954 954
FOPOpen Porch 74 0
UBMUnfinished Basement 954 0
UHSUnfin Half Story 954 0
   3,890 1,908
Building 2 : Section 1
Year Built: 1900
Living Area: 810
Replacement Cost: $90,415
Building Percent Good: 68
Replacement Cost
Less Depreciation:
$61,500
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Bungalow
ModelSingle Family
Grade:Below Average
Stories:1.25
Occupancy2
Exterior Wall 1Aluminum Sidng
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsphalt
Interior Wall 1Plaster/Drywal
Interior Wall 2Plywood Panel
Interior Flr 1Fin WD/Carpet
Interior Flr 2 
Heat FuelOil/Gas
Heat Type:Forced Hot Air
AC Type:None
Total Bedrooms:1 Bedroom
Total Bthrms:1
Total Half Baths:0
Total Xtra Fixtrs: 
Total Rooms:3 Rooms
Bath Style:Average
Kitchen Style:Average
Interior ConditionAverage
Fin Bsmnt Area 
Fin Bsmnt Qual 
NBHD CodeFAIR HAVEN S
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 540 540
EAFExpansion Attic Finished 540 270
FOPOpen Porch 48 0
UBMUnfinished Basement 540 0
   1,668 810

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1040
DescriptionTwo Family  
ZoneRM1
Neighborhood1100
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.31
Frontage1
Depth0
Total Market Land$82,880
Appraised Value$118,400

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$231,000$118,400$349,400
2024$231,000$118,400$349,400
2023$231,000$118,400$349,400

Assessment
Valuation YearImprovementsLandTotal
2025$161,700$82,880$244,580
2024$161,700$82,880$244,580
2023$161,700$82,880$244,580

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