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

48 Bay 40 Street, Brooklyn, NY 11214 - Property report

Also known as: 48 Bay 40 St

Property image for 48 Bay 40 Street, Brooklyn, NY 11214

Property type

Two Family Brick (B1)

Year built

1935

Lot sq. ft.

2,030

Sale price

$730,000

General information

Address

Primary address

48 Bay 40 Street

ZIP code

11214

Neighborhood

Gravesend

Borough

Brooklyn

Block & lot

06867-0059

Building

Property type

Two Family Brick (B1)

Building sq. ft.

3,264

Building dimensions

21 ft x 63 ft

Buildings on lot

Stories

Year built

1935

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Garage type

Basement Garage

Sales

Sale date

05/11/2009

Sale price

$730,000

Tax

Tax year

2026-2027

Property tax

$10,151

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Bay 40 Street (narrow)

Nearest wide street

25 Avenue

Distance to wide street

Lot dimensions

21 ft x 96.67 ft

Lot sq. ft.

2,030

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

94 /100. Rider's Paradise

Bike score

69 /100. Bikeable

School district

Community district

Closest police station

0.86 Miles

Closest fire station

0.14 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 48 Bay 40 Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 48 Bay 40 Street, Brooklyn, NY 11214

Sale date	Sale price	Buyer name	Seller name
05/11/2009	$730,000	XXX, XXX X XXX XXXX, XXXXXXXX	XXXXX XXXXXXXXX XXX XXXXX XXXXXXXXX XXXXXXXXX XXXXX XXXXXXXXX XXX XXXXXXX X'XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/06/2012 - R 12/19/2011 - D	Satisfaction of Mortgage (2011122100347001)	XXX XXX X	XXXXXXXX XXXXX XXXX X X
11/16/2009 - R 05/11/2009 - D	Mortgage (2009052801054001)	XXX XXX X	XXXXXXXX XXXXX XXXX X X
11/16/2009 - R 05/11/2009 - D	Deed (2009052000772001)	XXXXX XXXXXXXXX	XXX XXX X
01/26/2007 - R 10/12/2006 - D	Deed (2006122700253001)	XXXXXXXXX XXXXX	XXXXX XXXXXXXXX
01/18/2007 - R 10/12/2006 - D	Deed (2006122700144001)	XXXXXXXXX XXXXXXXXXX	XXXXXXXXX XXXXX
04/15/1998 - R 02/10/1998 - D	Deed (3270006012127)	XXXXXXXXX XXXXXXXXXX	XXXXXXXXX XXXXXXXXXX
12/05/1994 - R 07/07/1994 - D	Deed (3480004533348)	XXXXXXXXXXX XXXXXX	XXXXXXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 48 Bay 40 Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$10,151

Municipal exemptions

Recent tax assessments

Market value

$1,888,000

Assessed value

$113,280

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y 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%
2020/21	$1,437,000	$86,220	$38,809	21.045%	$8,464	$8,167	+5.49%
2019/20	$1,186,000	$71,160	$36,577	21.167%	$8,039	$7,742	+7.68%
2018/19	$1,107,000	$66,420	$34,370	20.919%	$7,495	$7,190	+2.65%
2017/18	$1,059,000	$63,540	$34,360	20.385%	$7,304	$7,004	+3.13%
2016/17	$836,000	$50,160	$33,974	19.991%	$7,102	$6,792	+8.76%

Permits

Permit information for 48 Bay 40 Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Bensonhurst East residential market stats

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

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

0.2

Hurricane evacuation zones

Subway & traffic

Closest station

25th Ave & 86th St at SE Corner

Station lines

Distance (miles)

0.079

View subway map

Access the detailed traffic volume map for 48 Bay 40 Street, Brooklyn, NY 11214 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
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
Hebrew Language Academy Charter 2	6	No	Charter	PK, K-5	319	0.29
Hebrew Language Academy Charter 2	6	No	Charter	PK, K-5	319	0.29
P.S. 97 The Highlawn	8	No	Public	PK, K-5	849	0.32
P.S. 97 The Highlawn	8	No	Public	PK, K-5	849	0.32
St Peter Catholic Academy	NR	No	Private	PK-8	219	0.36

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
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
Is 228 David A Boody	7	No	Public	6-8	1,551	0.62
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.64
P.S. 95 The Gravesend	7	No	Public	K-8	940	0.68
Brooklyn Studio Secondary School	5	No	Public	6-12	876	0.68
Brooklyn School Of Inquiry	9	No	Public	K-8	474	0.72

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Life Academy High School For Film And Music	4	No	Public	9-12	251	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
International High School At Lafayette	2	No	Public	9-12	353	0.21
Leaders High School	6	No	Public	9-12	372	0.21
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.27
Gesher Yehuda	NR	No	Private	K-12	67	0.27
East Academy of Science & Technology	NR	No	Private	9-12	34	0.60
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.64
Magen David Yeshivah High School	NR	No	Private	9-12	410	0.65

Nearby ZIP codes for 48 Bay 40 Street, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11235, New York City, NY

Frequently asked questions

What is the year built for 48 Bay 40 Street, Brooklyn, NY 11214?

The development at 48 Bay 40 Street, Brooklyn, NY 11214 was built in 1935.

What is the total square footage of 48 Bay 40 Street, Brooklyn, NY 11214?

48 Bay 40 Street, Brooklyn, NY 11214 has a total of 3,264 square feet.

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

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

What is the assessed value of 48 Bay 40 Street, Brooklyn, NY 11214?

48 Bay 40 Street, Brooklyn, NY 11214 is currently assessed at $113,280.

What are the property taxes for 48 Bay 40 Street, Brooklyn, NY 11214?

The property taxes for 48 Bay 40 Street, Brooklyn, NY 11214 total $10,150.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.