New York City » 11214 » Bay 40 St » 87 Bay 40 St

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

Also known as: 87 Bay 40 St

Property image for 87 Bay 40 Street, Brooklyn, NY 11214

Property type

One Family Attached or Semi-Detached (A5)

Year built

1950

Lot sq. ft.

1,740

Sale price

$545,000

General information

Address

Primary address

87 Bay 40 Street

ZIP code

11214

Neighborhood

Gravesend

Borough

Brooklyn

Block & lot

06880-0044

Building

Property type

One Family Attached or Semi-Detached (A5)

Building sq. ft.

1,728

Building dimensions

18 ft x 32 ft

Buildings on lot

Stories

Year built

1950

Building material

C Blck + Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

04/09/2008

Sale price

$545,000

Tax

Tax year

2026-2027

Property tax

$7,922

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

Benson Avenue

Distance to wide street

Lot dimensions

18 ft x 96.67 ft

Lot sq. ft.

1,740

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

0.88 Miles

Closest fire station

0.22 Miles

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

Ownership

Ownership information for 87 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 87 Bay 40 Street, Brooklyn, NY 11214

Sale date	Sale price	Buyer name	Seller name
04/09/2008	$545,000	XXX, XXX XXX XXX XXX, XXXXX	XXXXXXXXX, XXXX XXX XXXXXXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/21/2021 - R 05/25/2021 - D	Satisfaction of Mortgage (2021071401753001)	XXX XXX XXX	XXXXX XXXXXXXX XXXX
02/03/2009 - R 01/21/2009 - D	Agreement (2009012800720001)	XXX XXX XXX	XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX
04/22/2008 - R 04/09/2008 - D	Mortgage (2008041101170002)	XXX XXX XXX	XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX
04/22/2008 - R 04/09/2008 - D	Deed (2008041101170001)	XXXXXXXXX XXXX	XXX XXX XXX
04/22/2008 - R 04/07/2008 - D	Termination of Assign of L&R (2008041101170004)	XXXXXXXXX XXXX	XXXXXXXX XXXXXXX XXXXXXXXXXX
04/22/2008 - R 04/07/2008 - D	Partial Release of Mortgage (2008041101170003)	XXXXXXXX XXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXX
02/11/2004 - R 05/22/2003 - D	Satisfaction of Mortgage (2003110100051001)		XXXXXXXXXX XXXX
05/20/2003 - R	Deed (2003041400771001)	XXXXXXXXX XXXX	XXXXXXXXX XXXXXXX
05/20/2003 - R 04/14/2003 - D	Initial UCC1 (2003041400771007)	XXXXXXXXX XXXX	XXXXXXXX XXXXXXX XXXXXXXXXXX
05/20/2003 - R 03/11/2003 - D	Assignment of Leases and Rents (2003041400771003)	XXXXXXXXX XXXX	XXXXXXXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 87 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

$7,922

Municipal exemptions

Recent tax assessments

Market value

$1,235,000

Assessed value

$74,100

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	$1,093,000	$65,580	$39,902	19.843%	$8,200	$7,918	-0.63%
2024/25	$1,054,000	$63,240	$39,670	20.085%	$8,237	$7,968	+6.39%
2023/24	$1,080,000	$64,800	$37,289	20.085%	$7,771	$7,489	+5.24%
2022/23	$1,044,000	$62,640	$35,040	20.309%	$7,413	$7,116	+8.04%
2021/22	$997,000	$59,820	$32,995	19.963%	$6,874	$6,587	-5.22%
2020/21	$935,000	$56,100	$33,025	21.045%	$7,247	$6,950	+0.18%
2019/20	$929,000	$55,740	$32,775	21.167%	$7,234	$6,937	+7.74%
2018/19	$1,007,000	$60,420	$30,781	20.919%	$6,744	$6,439	+9.12%
2017/18	$781,000	$46,860	$28,947	20.385%	$6,201	$5,901	+8.74%
2016/17	$593,000	$35,580	$27,146	19.991%	$5,737	$5,427	+2.35%

Permits

Permit information for 87 Bay 40 Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
05/05/2008	Alteration type 3

*Most recent permit on record 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)

0.165

View subway map

Access the detailed traffic volume map for 87 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. 212 Lady Deborah Moody	5	Yes	Public	PK, K-5	586	0.57
P.S. 212 Lady Deborah Moody	5	Yes	Public	PK, K-5	586	0.57
P.S. 101 the Verrazano	8	No	Public	PK, K-5	1,057	0.23
P.S. 101 the Verrazano	8	No	Public	PK, K-5	1,057	0.23
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.33
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.33
Gesher Yehuda	NR	No	Private	K-12	67	0.33
Hebrew Language Academy Charter 2	6	No	Charter	PK, K-5	319	0.38
Hebrew Language Academy Charter 2	6	No	Charter	PK, K-5	319	0.38
P.S. 97 The Highlawn	8	No	Public	PK, K-5	849	0.41

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	0.32
Kingsborough Early College School	7	No	Public	6-12	743	0.15
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.33
Gesher Yehuda	NR	No	Private	K-12	67	0.33
St Peter Catholic Academy	NR	No	Private	PK-8	219	0.42
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.59
Is 228 David A Boody	7	No	Public	6-8	1,551	0.69
P.S. 95 The Gravesend	7	No	Public	K-8	940	0.70
Brooklyn Studio Secondary School	5	No	Public	6-12	876	0.73
Sts. Simon & Jude Elementary School	NR	No	Private	PK, K-8	0	0.77

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Leaders High School	6	No	Public	9-12	372	0.15
International High School At Lafayette	2	No	Public	9-12	353	0.15
High School Of Sports Management	2	No	Public	9-12	338	0.15
Life Academy High School For Film And Music	4	No	Public	9-12	251	0.15
Kingsborough Early College School	7	No	Public	6-12	743	0.15
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.33
Gesher Yehuda	NR	No	Private	K-12	67	0.33
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.59
East Academy of Science & Technology	NR	No	Private	9-12	34	0.63
John Dewey High School	4	No	Public	9-12	2,150	0.64

Nearby ZIP codes for 87 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 87 Bay 40 Street, Brooklyn, NY 11214?

The development at 87 Bay 40 Street, Brooklyn, NY 11214 was built in 1950.

What is the total square footage of 87 Bay 40 Street, Brooklyn, NY 11214?

87 Bay 40 Street, Brooklyn, NY 11214 has a total of 1,728 square feet.

When was 87 Bay 40 Street, Brooklyn, NY 11214 last sold and what was the sale price?

87 Bay 40 Street, Brooklyn, NY 11214 was last sold on 04/09/2008 for $545,000.

What is the assessed value of 87 Bay 40 Street, Brooklyn, NY 11214?

87 Bay 40 Street, Brooklyn, NY 11214 is currently assessed at $74,100.

What are the property taxes for 87 Bay 40 Street, Brooklyn, NY 11214?

The property taxes for 87 Bay 40 Street, Brooklyn, NY 11214 total $7,921.

How many residential units does this building have?

This building has 1 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.