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216 Bay 40 Street, Brooklyn, NY 11214 Property Information

Q: How many residential units does this building have?

This building has 3 residential units and 0 commercial spaces.

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Address

Primary address	216 Bay 40 Street
Neighborhood	Gravesend

Zip code	11214
Borough	Brooklyn
Block & lot	06894-0053

Sales & Tax Overview for 216 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	02/25/2020
Purchase price	$1,275,000

Tax class	Register
Estimated property tax	$9,013

Lot & Building Information for 216 Bay 40 Street, Brooklyn

Lot sq. ft.	1,933
Lot dimensions	20 ft x 96.67 ft
Property type	Three Families (C0)
Building sqft	2,300
Building dimensions	20 ft x 71.67 ft
Buildings on lot	1
Stories	2
Structure type	Row
Building material	Brick

Exterior wall	Brick/masonry
Basement type	Full
Year built	1940
Frontage(s)	Bay 40 Street (narrow)
Nearest wide street	25 Avenue
Distance to wide street	Register

Zoning & Use for 216 Bay 40 Street, Brooklyn

Zoning	Register
Residential units (DOF)	3

Residential sqft	Register

Area Overview

Walk Score

Transit Score

Bike Score

School district	21
Community district	11

Closest police station	0.85 Miles
Closest fire station	0.40 Miles

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

Other Property Data for 216 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 216 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 216 Bay 40 Street, Brooklyn, NY 11214, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 216 Bay 40 Street, Brooklyn

What is the year built & the total sq. ft. for 216 Bay 40 Street, Brooklyn, NY 11214?

216 Bay 40 Street, Brooklyn, NY 11214 was built in 1940 and has a total of 2,300 square feet.

What is the assessed value of 216 Bay 40 Street, Brooklyn, NY 11214 and the property tax paid?

Assessed at $74,460, the tax amount paid for 216 Bay 40 Street, Brooklyn, NY 11214 is $8,503. For the next year, the tax amount for 216 Bay 40 Street, Brooklyn, NY 11214 is estimated at $9,013.

When was 216 Bay 40 Street, Brooklyn, NY 11214 last sold and what was the last sale price?

216 Bay 40 Street, Brooklyn, NY 11214 was last sold in 02/25/2020 for $1,275,000.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 216 Bay 40 Street, Brooklyn

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Property owner name for 216 Bay 40 Street, Brooklyn, NY 11214

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Building contacts for 216 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.

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Past Sales & Property History for 216 Bay 40 Street, Brooklyn

Create a free account to view the complete sales history for 216 Bay 40 Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date	Purchase price	Buyer name	Seller name
02/25/2020	$1,275,000	Register	Register

Title Documents for 216 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
12/23/2020 - D 01/12/2021 - R	Assignment, Mortgage (2021010700302001)
02/25/2020 - D 03/05/2020 - R	Mortgage (2020030400651002)
02/25/2020 - D 03/05/2020 - R	Deed (2020030400651001)
05/30/2007 - D 06/09/2008 - R	Deed (2007120500299001)
05/25/2007 - D 05/22/2008 - R	Power of Attorney (2008051400494001)
11/01/2005 - D 07/10/2006 - R	Deed (2006062600746001)

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R: Recorded date
D: Document date

Property Taxes for 216 Bay 40 Street, Brooklyn

Access detailed property tax data for 216 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:	$8,504
Estimated property tax:	$9,013

Tax assessor's market value:	$1,241,000
Assessed value:	$74,460

More about New York City Property Taxes

Assessment History for 216 Bay 40 Street, Brooklyn

Here's the assessment & property tax history for 216 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	$1,241,000	$74,460	$42,854	19.843%	$8,504	$8,504	-1.20%
2024/25	$1,104,000	$66,240	$42,854	20.085%	$8,607	$8,607	+0.76%
2023/24	$1,260,000	$75,600	$42,531	20.085%	$8,542	$8,542	+4.83%
2022/23	$1,333,000	$79,980	$40,124	20.309%	$8,149	$8,149	+7.83%
2021/22	$1,080,000	$64,800	$37,854	19.963%	$7,557	$7,557	+0.55%

Permits for 216 Bay 40 Street, Brooklyn

The complete history of permits filed for 216 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)

0.373

View subway map

Bus Routes
Name	25 Av/Bath Av
Line	B3
Distance (miles)	0.056

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	0.27
P.S. 101 the Verrazano	8	Yes	Public	PK, K-5	1,057	0.27
Block Institute School	NR	No	Private	PK, K-2	217	0.42
Block Institute School	NR	No	Private	PK, K-2	217	0.42
Block Institute School	NR	No	Private	PK, K-2	252	0.42

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	0.16
Kingsborough Early College School	7	No	Public	6-12	743	0.25
Gesher Yehuda	NR	No	Private	K-12	67	0.55
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.55
St Peter Catholic Academy	NR	No	Private	PK-8	219	0.56

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	0.25
Kingsborough Early College School	7	No	Public	6-12	743	0.25
Life Academy High School For Film And Music	4	No	Public	9-12	251	0.25
International High School At Lafayette	2	No	Public	9-12	353	0.25
High School Of Sports Management	2	No	Public	9-12	338	0.25

Neighbors for 216 Bay 40 Street, Brooklyn

Here are the neighbors for 216 Bay 40 Street, Brooklyn, NY 11214.

Address	Square feet	Purchase date	Purchase price
240 Bay 40 St, Brooklyn	2,647	03/20/1991
2545 Harway Ave, Brooklyn	1,400	11/24/1999
2541 Harway Ave, Brooklyn	1,188	02/26/2026	$1,120,000
210 Bay 40 St, Brooklyn	2,300	05/27/2022
2522 Bath Ave, Brooklyn	1,360	04/14/2022	$1,100,000
226 Bay 40 St, Brooklyn	2,376	05/11/2017
236 Bay 40 St, Brooklyn	2,376	05/19/2015	$1,100,000
214 Bay 40 St, Brooklyn	2,300	01/13/2026
220 Bay 40 St, Brooklyn	1,764	04/15/2004	$750,000
228 Bay 40 St, Brooklyn	2,376	11/01/2022	$1,398,000
234 Bay 40 St, Brooklyn	2,376	11/16/2022	$1,290,000
212 Bay 40 St, Brooklyn	2,300	10/01/2024
194 Bay 40 St, Brooklyn	2,767	12/30/2008
2520 Bath Ave, Brooklyn	1,360	10/23/2013	$728,000
232 Bay 40 St, Brooklyn	2,376	03/05/1982
198 Bay 40 St, Brooklyn	2,651	02/21/2008
202 Bay 40 St, Brooklyn	2,767	06/26/1989
196 Bay 40 St, Brooklyn	3,333	05/08/2017	$200,000
2516 Bath Ave, Brooklyn	1,360	01/14/1999
222 Bay 40 St, Brooklyn	2,376	04/02/2018	$1,338,000