New York City » 11214 » Bay 40 St » 245 Bay 40 St

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

Also known as: 245 Bay 40 St

Property image for 245 Bay 40 Street, Brooklyn, NY 11214

Property type

One Family Attached or Semi-Detached (A5)

Year built

1960

Lot sq. ft.

2,546

Sale price

$760,000

General information

Address

Primary address

245 Bay 40 Street

ZIP code

11214

Neighborhood

Gravesend

Borough

Brooklyn

Block & lot

06895-0013

Building

Property type

One Family Attached or Semi-Detached (A5)

Building sq. ft.

1,152

Building dimensions

18 ft x 32 ft

Buildings on lot

Stories

Year built

1960

Building material

C Blck + Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

09/03/2015

Sale price

$760,000

Tax

Tax year

2026-2027

Property tax

$8,596

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

Harway Avenue

Distance to wide street

Lot dimensions

26.33 ft x 96.67 ft

Lot sq. ft.

2,546

Area overview

Walk score

85 /100. Very Walkable

Transit score

88 /100. Excellent Transit

Bike score

72 /100. Very Bikeable

School district

Community district

Closest police station

0.89 Miles

Closest fire station

0.45 Miles

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

Ownership

Ownership information for 245 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 245 Bay 40 Street, Brooklyn, NY 11214

Sale date	Sale price	Buyer name	Seller name
09/03/2015	$760,000	XXXX, XXXX XXX XXX, XXXX XXX	XXXXXXXX, XXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/31/2015 - R 10/21/2015 - D	Satisfaction of Mortgage (2015102101061001)	XXXXXXXX XXXX X	XXXXX XXXXXXX XXXX XXX
02/09/2017 - R 10/01/2015 - D	Satisfaction of Mortgage (2015100100568001)	XXXXXXXX XXXX X	XXXXX XXXXXXX XXXX XXX
04/22/2021 - R 09/03/2015 - D	Satisfaction of Mortgage (2021041500265001)	XXXX XXXX	XX XXXXXXXXX XXXX XX
03/15/2021 - R 09/03/2015 - D	Satisfaction of Mortgage (2021031100940001)	XXXX XXXX	XX XXXXXXXXX XXXX XX
09/18/2015 - R 09/03/2015 - D	Mortgage (2015091101331002)	XXXX XXXX	XXXX
09/18/2015 - R 09/03/2015 - D	Deed (2015091101331001)	XXXXXXXX XXXX X	XXXX XXXX
11/20/2006 - R 09/26/2006 - D	Mortgage (2006110902063001)	XXXXXXXX XXXX	XXXXX XXXXXXX XXXX
08/24/2006 - R 07/27/2006 - D	Satisfaction of Mortgage (2006080400580001)	XXXXXXXX XXXX X	XXX XXXXXXX XXXXXXXX XXXXXXXXXXX
05/10/2006 - R 04/13/2006 - D	Mortgage (2006042700554001)	XXXXXXXX XXXX X	XXXX
01/27/2005 - R 01/05/2005 - D	Satisfaction of Mortgage (2005010600573001)		XXXXXX XXX XXXXXXXX XXXXXXXXXXX X XXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 245 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

$8,596

Municipal exemptions

Recent tax assessments

Market value

$1,184,000

Assessed value

$71,040

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	$957,000	$57,420	$40,867	19.843%	$8,109	$8,109	-1.20%
2024/25	$974,000	$58,440	$40,867	20.085%	$8,208	$8,208	+0.76%
2023/24	$961,000	$57,660	$40,559	20.085%	$8,146	$8,146	+4.83%
2022/23	$879,000	$52,740	$38,263	20.309%	$7,771	$7,771	+7.84%
2021/22	$934,000	$56,040	$36,098	19.963%	$7,206	$7,206	+0.54%
2020/21	$991,000	$59,460	$34,056	21.045%	$7,167	$7,167	-0.58%
2019/20	$788,000	$47,280	$34,056	21.167%	$7,209	$7,209	+1.95%
2018/19	$813,000	$48,780	$33,799	20.919%	$7,070	$7,070	+8.78%
2017/18	$771,000	$46,260	$31,886	20.385%	$6,500	$6,500	+13.96%
2016/17	$600,000	$36,000	$28,532	19.991%	$6,014	$5,704	+8.84%

Permits

Permit information for 245 Bay 40 Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
06/21/2022	Alteration
06/16/2022	Alteration

*Most recent permits 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)

0.421

View subway map

Access the detailed traffic volume map for 245 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	0.46
P.S. 212 Lady Deborah Moody	5	Yes	Public	PK, K-5	586	0.46
P.S. 101 the Verrazano	8	No	Public	PK, K-5	1,057	0.33
P.S. 101 the Verrazano	8	No	Public	PK, K-5	1,057	0.33
Block Institute	NR	No	Private	PK, K-2	252	0.36
Block Institute	NR	No	Private	PK, K-2	252	0.36
Block Institute School	NR	No	Private	PK, K-2	217	0.36
Block Institute School	NR	No	Private	PK, K-2	217	0.36
Block Institute School	NR	No	Private	PK, K-2	252	0.36
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.60

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	0.18
Kingsborough Early College School	7	No	Public	6-12	743	0.27
Gesher Yehuda	NR	No	Private	K-12	67	0.59
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.59
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.60
St Peter Catholic Academy	NR	No	Private	PK-8	219	0.61
Brooklyn Studio Secondary School	5	No	Public	6-12	876	0.87
Big Apple Academy	NR	No	Private	TK-8	888	0.87
P.S. 95 The Gravesend	7	No	Public	K-8	940	0.89
Is 228 David A Boody	7	No	Public	6-8	1,551	0.94

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	0.27
Life Academy High School For Film And Music	4	No	Public	9-12	251	0.27
Leaders High School	6	No	Public	9-12	372	0.27
Kingsborough Early College School	7	No	Public	6-12	743	0.27
International High School At Lafayette	2	No	Public	9-12	353	0.27
Gesher Yehuda	NR	No	Private	K-12	67	0.59
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.59
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.60
John Dewey High School	4	No	Public	9-12	2,150	0.62
East Academy of Science & Technology	NR	No	Private	9-12	34	0.69

Nearby ZIP codes for 245 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 245 Bay 40 Street, Brooklyn, NY 11214?

The development at 245 Bay 40 Street, Brooklyn, NY 11214 was built in 1960.

What is the total square footage of 245 Bay 40 Street, Brooklyn, NY 11214?

245 Bay 40 Street, Brooklyn, NY 11214 has a total of 1,152 square feet.

When was 245 Bay 40 Street, Brooklyn, NY 11214 last sold and what was the sale price?

245 Bay 40 Street, Brooklyn, NY 11214 was last sold on 09/03/2015 for $760,000.

What is the assessed value of 245 Bay 40 Street, Brooklyn, NY 11214?

245 Bay 40 Street, Brooklyn, NY 11214 is currently assessed at $71,040.

What are the property taxes for 245 Bay 40 Street, Brooklyn, NY 11214?

The property taxes for 245 Bay 40 Street, Brooklyn, NY 11214 total $8,595.

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.