New York City » 11214 » Bay 40 St » 48 Bay 40 St

48 Bay 40 Street, Brooklyn, NY 11214 Property Information

Q: How many residential units does this building have?

This building has 2 residential units and 0 commercial spaces.

Research 100M+ property records powered by:

2000+ governmental and public data sources
80 dedicated analysts and researchers
20+ years of real estate experience

Learn More

Photo & Map Show Hide

Address

Primary address	48 Bay 40 Street
Neighborhood	Gravesend

Zip code	11214
Borough	Brooklyn
Block & lot	06867-0059

Sales & Tax Overview for 48 Bay 40 Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date	05/11/2009
Purchase price	$730,000

Tax class	Register
Estimated property tax	$9,868

Lot & Building Information for 48 Bay 40 Street, Brooklyn

Lot sq. ft.	2,030
Lot dimensions	21 ft x 96.67 ft
Property type	Two Family Brick (B1)
Building sqft	3,264
Building dimensions	21 ft x 63 ft
Buildings on lot	1
Stories	2
Structure type	Row
Building material	Brick

Exterior wall	Brick/masonry
Basement type	Full
Garage type	Basement garage
Year built	1935
Frontage(s)	Bay 40 Street (narrow)
Nearest wide street	25 Avenue
Distance to wide street	Register

Zoning & Use for 48 Bay 40 Street, Brooklyn

Zoning	Register
Residential units (DOF)	2

Residential sqft	Register

Area Overview

Walk Score

Transit Score

Bike Score

School district	21
Community district	11

Closest police station	0.86 Miles
Closest fire station	0.14 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 48 Bay 40 Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 48 Bay 40 Street, Brooklyn, NY 11214, including commercial and residential FAR, FAR as built and usable floor area.

Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.

Violations for 48 Bay 40 Street, Brooklyn, NY 11214, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 48 Bay 40 Street, Brooklyn

What is the year built & the total sq. ft. for 48 Bay 40 Street, Brooklyn, NY 11214?

48 Bay 40 Street, Brooklyn, NY 11214 was built in 1935 and has a total of 3,264 square feet.

What is the assessed value of 48 Bay 40 Street, Brooklyn, NY 11214 and the property tax paid?

Assessed at $94,740, the tax amount paid for 48 Bay 40 Street, Brooklyn, NY 11214 is $9,295. For the next year, the tax amount for 48 Bay 40 Street, Brooklyn, NY 11214 is estimated at $9,868.

When was 48 Bay 40 Street, Brooklyn, NY 11214 last sold and what was the last sale price?

48 Bay 40 Street, Brooklyn, NY 11214 was last sold in 05/11/2009 for $730,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 48 Bay 40 Street, Brooklyn

View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.

Property owner name for 48 Bay 40 Street, Brooklyn, NY 11214

Find out who owns 48 Bay 40 Street, Brooklyn, NY 11214.
Sign Up

Building contacts for 48 Bay 40 Street, Brooklyn, NY 11214

Building management:	Register
Representatives (from permits):	Register
Tenants:	Register

Commercial Real Estate nearby

Real Estate Reports:

Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens

Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.

Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M

New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.

Research 100M+ property records powered by:

2000+ governmental and public data sources
80 dedicated analysts and researchers
20+ years of real estate experience

Learn More

Past Sales & Property History for 48 Bay 40 Street, Brooklyn

Create a free account to view the complete sales history for 48 Bay 40 Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date	Purchase price	Buyer name	Seller name
05/11/2009	$730,000	Register	Register

Title Documents for 48 Bay 40 Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date	Type	Amount	Party 1	Party 2	Doc image
12/19/2011 - D 01/06/2012 - R	Satisfaction of Mortgage (2011122100347001)
05/11/2009 - D 11/16/2009 - R	Mortgage (2009052801054001)
05/11/2009 - D 11/16/2009 - R	Deed (2009052000772001)
10/12/2006 - D 01/26/2007 - R	Deed (2006122700253001)
10/12/2006 - D 01/18/2007 - R	Deed (2006122700144001)
02/10/1998 - D 04/15/1998 - R	Deed (3270006012127)
07/07/1994 - D 12/05/1994 - R	Deed (3480004533348)

Unlock title documents, including buyer and seller information (when available).
Sign up

R: Recorded date
D: Document date

Property Taxes for 48 Bay 40 Street, Brooklyn

Access detailed property tax data for 48 Bay 40 Street, Brooklyn, NY 11214. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year:	2025-2026
Property tax:	$9,295
Estimated property tax:	$9,868

Tax assessor's market value:	$1,579,000
Assessed value:	$94,740
Exemptions granted by city:	Register

More about New York City Property Taxes

Assessment History for 48 Bay 40 Street, Brooklyn

Here's the assessment & property tax history for 48 Bay 40 Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year	Market value	Assessed value	Taxable	Tax rate %	Base tax	Property tax	Year over year change
2025/26	$1,579,000	$94,740	$46,843	19.843%	$9,577	$9,295	+4.63%
2024/25	$1,247,000	$74,820	$44,232	20.085%	$9,153	$8,884	+6.34%
2023/24	$1,522,000	$91,320	$41,596	20.085%	$8,636	$8,355	-0.96%
2022/23	$1,548,000	$92,880	$41,536	20.309%	$8,732	$8,436	+2.58%
2021/22	$1,195,000	$71,700	$41,189	19.963%	$8,510	$8,223	+0.68%

Permits for 48 Bay 40 Street, Brooklyn

The complete history of permits filed for 48 Bay 40 Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

No recorded permits for this property.

Gravesend Residential Market Stats

Access a detailed real estate market overview of Gravesend so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Gravesend and compare it to other neighborhoods in Brooklyn.

Median Sale Price

$670,000

26.1% YoY

Median Price/Sqft

$761

15.6% YoY

Brooklyn Median Sale Price

$885,000

2.5% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s):	0.2 (See more on map)
Hurricane evacuation zone:	2 (See more on map)

Transportation

Distance to Subway

Closest station

25th Ave & 86th St at SE Corner

Station lines

Distance (miles)

0.079

View subway map

Bus Routes
Name	25 Av/Benson Av
Line	B3
Distance (miles)	0.052

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance to school (mi)
P.S. 101 the Verrazano	8	Yes	Public	PK, K-5	1,057	0.23
P.S. 101 the Verrazano	8	Yes	Public	PK, K-5	1,057	0.23
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.27
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.27
Gesher Yehuda	NR	No	Private	K-12	67	0.27

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance to school (mi)
Is 281 Joseph B Cavallaro	7	Yes	Public	6-8	1,164	0.37
Kingsborough Early College School	7	No	Public	6-12	743	0.21
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.27
Gesher Yehuda	NR	No	Private	K-12	67	0.27
St Peter Catholic Academy	NR	No	Private	PK-8	219	0.36

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance to school (mi)
Leaders High School	6	No	Public	9-12	372	0.21
Kingsborough Early College School	7	No	Public	6-12	743	0.21
High School Of Sports Management	2	No	Public	9-12	338	0.21
Life Academy High School For Film And Music	4	No	Public	9-12	251	0.21
International High School At Lafayette	2	No	Public	9-12	353	0.21

Neighbors for 48 Bay 40 Street, Brooklyn

Here are the neighbors for 48 Bay 40 Street, Brooklyn, NY 11214.

Address	Square feet	Purchase date	Purchase price
60 Bay 40 St, Brooklyn	3,264	12/05/2005	$665,000
22 Bay 40 St, Brooklyn	2,400	11/03/2017	$990,000
56 Bay 40 St, Brooklyn	2,646	12/10/2025
26 Bay 40 St, Brooklyn	1,536	10/19/2018	$850,000
58 Bay 40 St, Brooklyn	3,264	02/25/2019	$1,466,000
36 Bay 40 St, Brooklyn	3,467	02/24/2005	$688,000
20 Bay 40 St, Brooklyn	2,400	02/08/2001
62 Bay 40 St, Brooklyn	3,264	11/04/2022
72 Bay 40 St, Brooklyn	3,561	07/10/1985
42 Bay 40 St, Brooklyn	2,646	01/21/2016
74 Bay 40 St, Brooklyn	3,120	07/29/1988
44 Bay 40 St, Brooklyn	3,264	04/06/2016
30 Bay 40 St, Brooklyn	1,536	09/21/1999
28 Bay 40 St, Brooklyn	1,536	09/01/2016	$905,000
50 Bay 40 St, Brooklyn	2,646	06/07/2002
70 Bay 40 St, Brooklyn	2,646	06/30/2004	$700,000
52 Bay 40 St, Brooklyn	3,638	07/06/2007
66 Bay 40 St, Brooklyn	3,638	09/06/2023	$1,615,000
38 Bay 40 St, Brooklyn	3,638	07/24/2014
24 Bay 40 St, Brooklyn	1,536	09/03/2024