
257 Bay 40th St Brooklyn, NY 11214
Gravesend NeighborhoodEstimated payment $4,107/month
Highlights
- Marble Flooring
- Back, Front, and Side Yard
- Heating System Uses Steam
About This Home
A cozy corner One-Family Home in Prime Location – Excellent Condition & Move-In Ready! Welcome to this beautifully maintained one-family corner property, offering charm, space, and convenience in one of Brooklyn’s most desirable neighborhoods. This spacious home features two floors plus a high-ceiling finished basement with separate front and rear entrances — perfect for additional space. First Floor: Two generously sized bedrooms, a full bath, a bright living room, and a well-maintained kitchen. Includes access to the backyard, ideal for entertaining or relaxing. Second Floor: A finished attic space along with a master bedroom, offering privacy and additional versatility. Basement: Fully finished with separate entrances in both the front and back, adding great functionality and potential. This home is in turnkey, move-in condition — no renovations needed! Short distance to the D train subway station, as well from the vibrant 86th Street shopping area, Close to parks, schools, restaurants, and all local conveniences Low property tax $4216/ yearly low expenses make this a smart investment opportunity — live in it or rent it out for an excellent return. High rental demand in the area supports strong cap rates! Whether you’re a first-time homebuyer, looking for a multi-generational home, or seeking a high-yield investment property, this is a rare opportunity you don’t want to miss.
Listing Agent
Michelle Zhang - RE/MAX R4 - State
RE/MAX Real Estate Professionals License #10401237592 Listed on: 06/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,216
Year Built
- Built in 1910
Lot Details
- 864 Sq Ft Lot
- Lot Dimensions are 12.42x70
- Irregular Lot
- Back, Front, and Side Yard
- Property is zoned R5
Home Design
- Poured Concrete
- Rubber Roof
- Stucco Exterior
Interior Spaces
- 1,620 Sq Ft Home
- 2-Story Property
- Stove
- Washer
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Block 6895
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/15/2025 07/15/25 | Price Changed | $679,999 | -2.9% | $420 / Sq Ft |
06/08/2025 06/08/25 | For Sale | $699,999 | +79.5% | $432 / Sq Ft |
03/27/2019 03/27/19 | Sold | $390,000 | -- | $241 / Sq Ft |
08/14/2018 08/14/18 | Pending | -- | -- | -- |
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Source: Brooklyn Board of REALTORS®
MLS Number: 493280

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