New York City  »  11214  »  Bay 40 St  »  162 Bay 40 St

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

Also known as: 162 Bay 40 St

Property image for 162 Bay 40 Street, Brooklyn, NY 11214
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Property type

Two Family Converted from One Family (B3)

Year built

1965

Lot sq. ft.

1,740

Sale price

$1,160,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
162 Bay 40 Street
ZIP code
11214
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
06879-0078

Owner

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Building
Property type
Two Family Converted from One Family (B3)
Building sq. ft.
1,764
Building dimensions
18 ft x 32 ft
Buildings on lot
1
Stories
2
Year built
1965
Building material
C Blck + Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
01/24/2025
Sale price
$1,160,000
Tax
Tax year
2026-2027
Property tax
$8,232
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Bay 40 Street (narrow)
Nearest wide street
25 Avenue
Distance to wide street
Lot dimensions
18 ft x 96.67 ft
Lot sq. ft.
1,740

Area overview

Walk score
89 /100.  Very Walkable
Transit score
89 /100.  Excellent Transit
Bike score
72 /100.  Very Bikeable
School district
21
Community district
11
Closest police station
0.85 Miles
Closest fire station
0.31 Miles

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

Ownership

Ownership information for 162 Bay 40 Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 162 Bay 40 Street, Brooklyn, NY 11214

Sale date Sale price Buyer name Seller name
01/24/2025 $1,160,000 XXX, XXXXXX XXX, XXXX XXX XX XXXXXXXXX, XXXXX XXX XX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/23/2026 - R
03/12/2026 - D		 Assignment, Mortgage
(2026032300247001)		 XXXXX XXXX XXXX XXXX XXX XXXXXXXXX XXX
02/14/2025 - R
01/24/2025 - D		 Mortgage
(2025021201020002)		 XXX XXXXXX XXXXX XXXX XXXX
02/14/2025 - R
01/24/2025 - D		 Deed
(2025021201020001)		 XXX XXXX XXX XXXXXX
03/22/2004 - R
12/29/2003 - D		 Satisfaction of Mortgage
(2004011000133001)
03/07/2000 - R Power of Attorney
(3030007125503)		 XXXXXX XXXXX XXXXXXXXX XXXXXX
03/07/2000 - R Mortgage
(3380007122038)		 XXX XXXX XXXXXXXX XXXXXXXX XXXXXXX XXXXX XXX
03/07/2000 - R
12/13/1999 - D		 Deed
(3480007124748)		 XXXXXX XXXXX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 162 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
$8,232
Municipal exemptions
Recent tax assessments
Market value
$1,079,000
Assessed value
$64,740

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 $1,180,000 $70,800 $39,139 19.843% $7,766 $7,766 +2.39%
2024/25 $964,000 $57,840 $37,766 20.085% $7,585 $7,585 +5.99%
2023/24 $1,047,000 $62,820 $35,630 20.085% $7,156 $7,156 -1.10%
2022/23 $950,000 $57,000 $35,630 20.309% $7,236 $7,236 +4.84%
2021/22 $896,000 $53,760 $34,572 19.963% $6,902 $6,902 +0.55%
2020/21 $870,000 $52,200 $32,616 21.045% $6,864 $6,864 +3.04%
2019/20 $837,000 $50,220 $31,472 21.167% $6,662 $6,662 +7.25%
2018/19 $965,000 $57,900 $29,692 20.919% $6,211 $6,211 +2.62%
2017/18 $826,000 $49,560 $29,692 20.385% $6,053 $6,053 +5.09%
2016/17 $612,000 $36,720 $28,810 19.991% $5,759 $5,759 +8.37%
Permits

Permit information for 162 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

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FEMA flood zones

Property location map
FEMA flood zones
0.2

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
25th Ave & 86th St at SE Corner
Station lines
D
Distance (miles)
0.272
View subway map

Access the detailed traffic volume map for 162 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 0.22
P.S. 101 the Verrazano 8 Yes Public PK, K-5 1,057 0.22
Gesher Yehuda NR No Private K-12 67 0.45
Yeshivat Darche Eres Inc NR No Private PK-12 494 0.45
Yeshivat Darche Eres Inc NR No Private PK-12 494 0.45
Hebrew Language Academy Charter 2 6 No Charter PK, K-5 319 0.48
Hebrew Language Academy Charter 2 6 No Charter PK, K-5 319 0.48
St Peter Catholic Academy NR No Private PK-8 219 0.48
St Peter Catholic Academy NR No Private PK-8 219 0.48
P.S. 97 The Highlawn 8 No Public PK, K-5 849 0.51
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 0.21
Kingsborough Early College School 7 No Public 6-12 743 0.19
Gesher Yehuda NR No Private K-12 67 0.45
Yeshivat Darche Eres Inc NR No Private PK-12 494 0.45
St Peter Catholic Academy NR No Private PK-8 219 0.48
P.S. 721 Brooklyn Occupational Training Center NR No Public K-3, 5-7, 9-12 454 0.61
Brooklyn Studio Secondary School 5 No Public 6-12 876 0.76
P.S. 95 The Gravesend 7 No Public K-8 940 0.80
Is 228 David A Boody 7 No Public 6-8 1,551 0.80
Big Apple Academy NR No Private TK-8 888 0.84
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
High School Of Sports Management 2 No Public 9-12 338 0.19
Life Academy High School For Film And Music 4 No Public 9-12 251 0.19
International High School At Lafayette 2 No Public 9-12 353 0.19
Kingsborough Early College School 7 No Public 6-12 743 0.19
Leaders High School 6 No Public 9-12 372 0.19
Gesher Yehuda NR No Private K-12 67 0.45
Yeshivat Darche Eres Inc NR No Private PK-12 494 0.45
P.S. 721 Brooklyn Occupational Training Center NR No Public K-3, 5-7, 9-12 454 0.61
East Academy of Science & Technology NR No Private 9-12 34 0.61
John Dewey High School 4 No Public 9-12 2,150 0.65

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 162 Bay 40 Street, Brooklyn, NY

2547 Bath Ave, Brooklyn 2541 Bath Ave, Brooklyn 2539 Bath Ave, Brooklyn 160 Bay 40 St, Brooklyn 154 Bay 40 St, Brooklyn 152 Bay 40 St, Brooklyn 8695 25th Ave, Brooklyn 2545 Bath Ave, Brooklyn 156 Bay 40 St, Brooklyn 166 Bay 40 St, Brooklyn 8717 25th Ave, Brooklyn 164 Bay 40 St, Brooklyn 168 Bay 40 St, Brooklyn 142 Bay 40 St, Brooklyn 150 Bay 40 St, Brooklyn 158 Bay 40 St, Brooklyn 148 Bay 40 St, Brooklyn 146 Bay 40 St, Brooklyn 144 Bay 40 St, Brooklyn 140 Bay 40 St, Brooklyn

Nearby ZIP codes for 162 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 162 Bay 40 Street, Brooklyn, NY 11214?

The development at 162 Bay 40 Street, Brooklyn, NY 11214 was built in 1965.

What is the total square footage of 162 Bay 40 Street, Brooklyn, NY 11214?

162 Bay 40 Street, Brooklyn, NY 11214 has a total of 1,764 square feet.

When was 162 Bay 40 Street, Brooklyn, NY 11214 last sold and what was the sale price?

162 Bay 40 Street, Brooklyn, NY 11214 was last sold on 01/24/2025 for $1,160,000.

What is the assessed value of 162 Bay 40 Street, Brooklyn, NY 11214?

162 Bay 40 Street, Brooklyn, NY 11214 is currently assessed at $64,740.

What are the property taxes for 162 Bay 40 Street, Brooklyn, NY 11214?

The property taxes for 162 Bay 40 Street, Brooklyn, NY 11214 total $8,232.

How many residential units does this building have?

This building has 2 residential unit(s).

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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.

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