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240 Bay 41 Street, Brooklyn, NY 11214 Property Information

Q: How many residential units does this building have?

This building has 1 residential units and 0 commercial spaces.

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Address

Primary address	240 Bay 41 Street
Neighborhood	Gravesend

Zip code	11214
Borough	Brooklyn
Block & lot	06895-0067

Sales & Tax Overview for 240 Bay 41 Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date	10/24/2003
Purchase price	$386,000

Tax class	Register
Estimated property tax	$7,387

Lot & Building Information for 240 Bay 41 Street, Brooklyn

Lot sqft	2,529
Lot dimensions	26.17 ft x 96.67 ft
Building class	One Family Attached or Semi-Detached (A5) i Building classes in NYC are all explained here: NYC building classes
Building sqft	1,188
Building dimensions	18.33 ft x 33 ft
Buildings on lot	1
Stories	2
Structure type	Conventional
Building material	C block + brick

Exterior wall	Brick/masonry
Basement type	Full
Year built	1950
Frontage(s)	Bay 41 Street (narrow)
Nearest wide street	Harway Avenue
Distance to wide street	Register

Zoning & Use for 240 Bay 41 Street, Brooklyn

Zoning	Register
Residential units (DOF)	1

Residential sqft	Register

Area Overview

Walk Score

Transit Score

Bike Score

School district	21
Community district	11

Closest police station	0.90 Miles
Closest fire station	0.45 Miles

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

Other Property Data for 240 Bay 41 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 240 Bay 41 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 240 Bay 41 Street, Brooklyn, NY 11214, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 240 Bay 41 Street, Brooklyn

What is the year built & the total sq. ft. for 240 Bay 41 Street, Brooklyn, NY 11214?

240 Bay 41 Street, Brooklyn, NY 11214 was built in 1950 and has a total of 1,188 square feet.

What is the assessed value of 240 Bay 41 Street, Brooklyn, NY 11214 and the property tax paid?

Assessed at $57,780, the tax amount paid for 240 Bay 41 Street, Brooklyn, NY 11214 is $6,953. For the next year, the tax amount for 240 Bay 41 Street, Brooklyn, NY 11214 is estimated at $7,387.

When was 240 Bay 41 Street, Brooklyn, NY 11214 last sold and what was the last sale price?

240 Bay 41 Street, Brooklyn, NY 11214 was last sold in 10/24/2003 for $386,000.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 240 Bay 41 Street, Brooklyn

View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.

Property owner name for 240 Bay 41 Street, Brooklyn, NY 11214

Find out who owns 240 Bay 41 Street, Brooklyn, NY 11214.
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Building contacts for 240 Bay 41 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 240 Bay 41 Street, Brooklyn

Create a free account to view the complete sales history for 240 Bay 41 Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date	Purchase price	Buyer name	Seller name
10/24/2003	$386,000	Register	Register

Title Documents for 240 Bay 41 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
10/30/2025 - D 10/31/2025 - R	Satisfaction of Mortgage (2025103000819001)
02/19/2016 - D 03/16/2016 - R	Satisfaction of Mortgage (2016031100716001)
10/04/2015 - D 10/20/2015 - R	Mortgage (2015101601220001)
10/24/2003 - D 01/21/2004 - R	Mortgage (2003103001160002)
10/24/2003 - D 01/21/2004 - R	Deed (2003103001160001)
10/05/2003 - D 01/21/2004 - R	Satisfaction of Mortgage (2003110702196001)
04/03/2001 - D 05/10/2001 - R	Deed (3970007644797)
05/21/1999 - D 11/15/1999 - R	Deed (3210006896821)
06/10/1992 - R	Assignment, Mortgage (3830001691683)
06/10/1992 - R	Agreement (3840001691684)

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R: Recorded date
D: Document date

Property Taxes for 240 Bay 41 Street, Brooklyn

Access detailed property tax data for 240 Bay 41 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:	$6,953
Estimated property tax:	$7,387

Tax assessor's market value:	$963,000
Assessed value:	$57,780
Exemptions granted by city:	Register

More about New York City Property Taxes

Assessment History for 240 Bay 41 Street, Brooklyn

Here's the assessment & property tax history for 240 Bay 41 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	$963,000	$57,780	$35,041	19.843%	$7,235	$6,953	-1.43%
2024/25	$870,000	$52,200	$35,121	20.085%	$7,323	$7,054	+0.96%
2023/24	$891,000	$53,460	$34,786	20.085%	$7,268	$6,987	+5.27%
2022/23	$835,000	$50,100	$32,679	20.309%	$6,933	$6,637	+8.06%
2021/22	$916,000	$54,960	$30,767	19.963%	$6,429	$6,142	+0.73%

Permits for 240 Bay 41 Street, Brooklyn

The complete history of permits filed for 240 Bay 41 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

$625,000

-1.1% YoY

Median Price/Sqft

$713

-9.8% YoY

Brooklyn Median Sale Price

$839,000

6.2% 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)

0.418

View subway map

Bus Routes
Name	Harway Av/Bay 41 St
Line	B64
Distance (miles)	0.032

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance to school (mi)
P.S. 212 Lady Deborah Moody	5	Yes	Public	PK, K-5	586	0.44
P.S. 212 Lady Deborah Moody	5	Yes	Public	PK, K-5	586	0.44
P.S. 101 the Verrazano	8	No	Public	PK, K-5	1,057	0.34
P.S. 101 the Verrazano	8	No	Public	PK, K-5	1,057	0.34
Block Institute	NR	No	Private	PK, K-2	252	0.37

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	0.20
Kingsborough Early College School	7	No	Public	6-12	743	0.26
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.58
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.59
Gesher Yehuda	NR	No	Private	K-12	67	0.59

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance to school (mi)
Life Academy High School For Film And Music	4	No	Public	9-12	251	0.26
International High School At Lafayette	2	No	Public	9-12	353	0.26
Kingsborough Early College School	7	No	Public	6-12	743	0.26
High School Of Sports Management	2	No	Public	9-12	338	0.26
Leaders High School	6	No	Public	9-12	372	0.26

Neighbors for 240 Bay 41 Street, Brooklyn

Here are the neighbors for 240 Bay 41 Street, Brooklyn, NY 11214.

Address	Square feet	Purchase date	Purchase price
213 Bay 40 St, Brooklyn	1,152	10/06/2008	$519,000
234 Bay 41 St, Brooklyn	1,210	04/08/2019
216 Bay 41 St, Brooklyn	1,188	11/30/1979
2565 Harway Ave, Brooklyn	2,496	03/17/2025
243 Bay 41 St, Brooklyn	2,280	01/01/2022
226 Bay 41 St, Brooklyn	1,188	04/07/1988
214 Bay 41 St, Brooklyn	1,188	10/19/2000
232 Bay 41 St, Brooklyn	1,188	09/22/2004	$450,000
220 Bay 41 St, Brooklyn	1,188	07/24/2007	$558,000
193 Bay 40 St, Brooklyn	1,425	12/18/2023
228 Bay 41 St, Brooklyn	1,188	01/03/2004
253 Bay 41 St, Brooklyn	2,500	03/23/2021
257 Bay 41 St, Brooklyn	2,500	03/23/2002
210 Bay 41 St, Brooklyn	1,188	01/27/2006
244 Bay 41 St, Brooklyn	1,980	05/13/2021	$930,000
255 Bay 41 St, Brooklyn	2,500	03/02/2017	$990,000
238 Bay 41 St, Brooklyn	1,188	12/07/2013
222 Bay 41 St, Brooklyn	1,188
251 Bay 41 St, Brooklyn	2,500	11/13/1968
247 Bay 41 St, Brooklyn	2,280	08/28/2024	$1,399,000