150 Bay 40th St Brooklyn, NY 11214
Gravesend NeighborhoodEstimated payment $5,727/month
Highlights
- Cooling Available
- P.S. 101 the Verrazano Rated A
- Back and Front Yard
About This Home
Exceptional opportunity in the heart of Bensonhurst! This solid brick home offers incredible potential for both end-users and investors looking to customize and add value. Previously configured as a 3-bedroom, 3-bath residence with a fully finished basement, the property features a spacious layout, private backyard, and a wide driveway accommodating 2 cars — a rare find in this neighborhood. The home has experienced a minor fire-related incident and is being sold as-is, presenting a unique opportunity for renovation and customization. With the right vision, this property can be restored into a beautiful residence or a high-return investment. Situated in an R5 zoning district, the property offers additional flexibility and potential for reconfiguration, including the possibility of conversion to a multi-family layout. Located on a quiet residential block, the property is surrounded by convenient amenities including shopping along 86th Street, local restaurants, schools, and public transportation, offering strong long-term value. Owner financing may be available for qualified buyers with 50% or more down payment. Don’t miss this opportunity to bring this home back to life and unlock its full potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,800
Year Built
- Built in 1965
Lot Details
- 1,728 Sq Ft Lot
- Lot Dimensions are 96 x 18
- Back and Front Yard
- Property is zoned r5
Parking
- 2 Parking Spaces
Interior Spaces
- 1,728 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Cooling Available
Listing and Financial Details
- Tax Block 6879
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,040 | $75,300 | $12,000 | $63,300 |
| 2024 | $8,040 | $63,420 | $12,000 | $51,420 |
| 2023 | $153 | $66,780 | $12,000 | $54,780 |
| 2022 | $6,738 | $61,260 | $12,000 | $49,260 |
| 2021 | $7,159 | $58,080 | $12,000 | $46,080 |
| 2020 | $7,189 | $52,500 | $12,000 | $40,500 |
| 2019 | $6,655 | $52,500 | $12,000 | $40,500 |
| 2018 | $6,118 | $31,472 | $6,523 | $24,949 |
| 2017 | $5,753 | $29,692 | $7,594 | $22,098 |
| 2016 | $5,626 | $29,692 | $9,426 | $20,266 |
| 2015 | $3,159 | $29,467 | $12,413 | $17,054 |
| 2014 | $3,159 | $27,800 | $11,711 | $16,089 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2026 03/26/26 | For Sale | $950,000 | -- | $550 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $639,000 | -- | |
| Deed | $639,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 499995
APN: 06879-0072
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Ask me questions while you tour the home.