56 Bay 40th St Brooklyn, NY 11214
Gravesend NeighborhoodEstimated payment $10,452/month
Highlights
- Main Floor Bedroom
- 3-minute walk to 25 Avenue
- Baseboard Heating
- P.S. 101 the Verrazano Rated A
- 1 Car Attached Garage
About This Home
Exceptional opportunity to own a solid brick semi-detached four-family property in the desirable Gravesend/Bath Beach area of Brooklyn. Offering flexibility for both investors and end users, two units are currently vacant, while the remaining two units are occupied by established tenants, providing the option to retain existing rental income or deliver additional space based on the buyer’s needs.
Situated on an approximately 25’ x 97’ lot with a building footprint of approximately 21’ x 63’, the property offers approximately 2,646 square feet of living space and is zoned R5. A rare parking advantage includes a rear two-car garage plus additional parking space for approximately three vehicles total.
Conveniently located near the 25th Avenue D train station and the shopping, dining, and everyday conveniences along 86th Street, with easy access throughout Brooklyn and to Manhattan.
A versatile four-family property offering strong potential for investment or owner occupancy in a highly convenient Brooklyn location.
Listing Agent
SunCity Prop Inc Brokerage Phone: 646-891-6590 License #10401353220 Listed on: 08/25/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,823
Year Built
- Built in 1924
Lot Details
- 2,433 Sq Ft Lot
- Lot Dimensions are 25x97
Parking
- 1 Car Attached Garage
- 2 Carport Spaces
- Driveway
Home Design
- Triplex
- Brick Exterior Construction
Schools
- Contact Agent Elementary School
- Contact Agent High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Additional Features
- Main Floor Bedroom
- Walk-Out Basement
Listing and Financial Details
- Assessor Parcel Number 06867-0062
Community Details
Overview
- 4 Units
Building Details
- 5 Separate Electric Meters
- 3 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,949 | $336,600 | $71,550 | $265,050 |
| 2025 | $12,536 | $280,800 | $71,550 | $209,250 |
| 2024 | $12,536 | $299,160 | $71,550 | $227,610 |
| 2023 | $11,392 | $249,300 | $71,550 | $177,750 |
| 2022 | $10,499 | $286,650 | $71,550 | $215,100 |
| 2021 | $9,612 | $229,455 | $71,550 | $157,905 |
| 2020 | $9,869 | $222,750 | $71,550 | $151,200 |
| 2019 | $9,651 | $185,760 | $71,550 | $114,210 |
| 2018 | $9,086 | $71,433 | $33,017 | $38,416 |
| 2017 | $8,416 | $66,170 | $32,372 | $33,798 |
| 2016 | $7,902 | $61,297 | $37,485 | $23,812 |
| 2015 | $5,128 | $61,297 | $44,913 | $16,384 |
| 2014 | $5,128 | $59,330 | $43,472 | $15,858 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2026 08/25/26 | For Sale | $1,768,000 | -- | $668 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: OneKey® MLS
MLS Number: 1043113
APN: 06867-0062
- 59 Bay 40th St
- 39 Bay 38th St Unit 3D
- 77 Bay 38th St
- 2480 86th St
- 13 Bay 38th St Unit 15
- 72 Bay 38th St
- 2510 85th St
- 50 Bay 37th St Unit 1A
- 2415 Benson Ave
- 2621 Benson Ave
- 150 Bay 40th St
- 152 Bay 40th St
- 136 Bay 38th St
- 1960 Stillwell Ave Unit 1974
- 2502 84th St
- 2449 85th St
- 2476 84th St
- 2053 W 13th St
- 8624 24th Ave Unit 3B
- 8756 26th Ave
- 59 Avenue U
- 2117 W 11th St Unit 2
- 120 Avenue T
- 187 Bay 31st St Unit 1
- 1721 Shore Pkwy Unit 3FL
- 2655 Cropsey Ave Unit 3
- 99 Bay 29th St Unit B3
- 49 Bay 49th St
- 180 Highlawn Ave
- 238 Avenue U
- 176 28th Ave
- 314 Kings Hwy
- 2053-2078 78th St Unit 1F
- 17 Bay 22nd St Unit 1F
- 81 Bay 22nd St Unit C2
- 1927 84th St Unit 3rd floor
- 7206 Bay Pkwy
- 1600 W 5th St
- 1769 Dahill Rd Unit 2nd Floor
- 2035 Bay Ridge Pkwy Unit 2R
Ask me questions while you tour the home.