New York City  »  11214  »  Bay 49 St  »  123 Bay 49 St

123 Bay 49 Street, Brooklyn, NY 11214 - Property report

Also known as: 121 Bay 49 St

Property image for 123 Bay 49 Street, Brooklyn, NY 11214
static Mapbox map

Property type

Three Families (C0)

Year built

1935

Lot sq. ft.

1,933

Sale price

$750,000

General information

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Address
Primary address
123 Bay 49 Street
Alternate address(es)
121 Bay 49 St
123-125 Bay 49 St
125 Garage Bay 49 St
ZIP code
11214
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
06917-0088

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
2,500
Building dimensions
20 ft x 50 ft
Buildings on lot
2
Stories
2
Year built
1935
Building material
Cinder Block
Exterior wall
Combination
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
07/20/2016
Sale price
$750,000
Tax
Tax year
2026-2027
Property tax
$9,399
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Bay 49 Street (narrow)
Nearest wide street
Private Catanzaro Square
Distance to wide street
Lot dimensions
20 ft x 96.67 ft
Lot sq. ft.
1,933

Area overview

Walk score
81 /100.  Very Walkable
Transit score
97 /100.  Rider's Paradise
Bike score
65 /100.  Bikeable
School district
21
Community district
13
Closest police station
0.86 Miles
Closest fire station
0.71 Miles

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Ownership information for 123 Bay 49 Street, Brooklyn, NY

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

Sales history for 123 Bay 49 Street, Brooklyn, NY 11214

Sale date Sale price Buyer name Seller name
07/20/2016 $750,000 XXX & XXX XXX XX XXXXXX XXX XXXXXXXX, XXXXXX
04/26/2004 $490,000 XXXXXXXX, XXXXXX XXXXXXXX, XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/17/2023 - R UCC3 Termination
(2023111600846006)
XXX XXX XXX XX XXXXXX XXX XXXXXX XXXXXX XXXX
11/17/2023 - R Initial UCC1
(2023111600846004)
XXX XXX XXX XX XXXXXX XXX XXXXXX XXXXXX XXXX
11/17/2023 - R
11/09/2023 - D
Termination of Assign of L&R
(2023111600846005)
XXXXXX XXXXXX XXXX XXX XXX XXX XX XXXXXX XXX
11/17/2023 - R
11/09/2023 - D
Assignment of Leases and Rents
(2023111600846003)
XXX XXX XXX XX XXXXXX XXX XXXXXX XXXXXX XXXX
11/17/2023 - R
11/09/2023 - D
Agreement
(2023111600846002)
XXXXXX XXXXXX XXXX XXX XXX XXX XX XXXXXX XXX
11/17/2023 - R
11/09/2023 - D
Mortgage
(2023111600846001)
XXX XXX XXX XX XXXXXX XXX XXXXXX XXXXXX XXXX
03/17/2021 - R UCC3 Continuation
(2021031000782001)
XXX XXX XXX XX XXXXXX XXX XXXXXX XXXXXX XXXX
07/28/2016 - R Initial UCC1
(2016072101186003)
XXX XXX XXX XX XXXXXX XXX XXXXXX XXXXXX XXXX
07/28/2016 - R
07/20/2016 - D
Assignment of Leases and Rents
(2016072101186002)
XXX XXX XXX XX XXXXXX XXX XXXXXX XXXXXX XXXX
07/28/2016 - R
07/20/2016 - D
Mortgage
(2016072101186001)
XXX XXX XXX XX XXXXXX XXX XXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 123 Bay 49 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
$9,399
Municipal exemptions
Recent tax assessments
Market value
$1,157,000
Assessed value
$69,420

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 $1,059,000 $63,540 $45,274 19.843% $8,984 $8,984 -1.20%
2024/25 $1,131,000 $67,860 $45,274 20.085% $9,093 $9,093 +3.01%
2023/24 $1,382,000 $82,920 $43,951 20.085% $8,828 $8,828 +3.98%
2022/23 $1,297,000 $77,820 $41,803 20.309% $8,490 $8,490 +7.74%
2021/22 $1,032,000 $61,920 $39,472 19.963% $7,880 $7,880 -0.75%
2020/21 $1,046,000 $62,760 $37,728 21.045% $7,940 $7,940 -0.58%
2019/20 $1,046,000 $62,760 $37,728 21.167% $7,986 $7,986 +14.41%
2018/19 $734,000 $44,040 $33,366 20.919% $7,662 $6,980 +8.27%
2017/18 $828,000 $49,680 $31,626 20.385% $7,101 $6,447 +9.27%
2016/17 $707,000 $42,420 $29,513 19.991% $6,576 $5,900 +7.76%

Permit information for 123 Bay 49 Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations 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

$650,000

7% Y-o-Y

Median price/sq. ft.

$783

17.2% Y-o-Y

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
Stillwell Ave & Bay 50th St at SW Corner
Station lines
D
Distance (miles)
0.15

Access the detailed traffic volume map for 123 Bay 49 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 0.05
P.S. 212 Lady Deborah Moody 5 Yes Public PK, K-5 586 0.05
P.S. 721 Brooklyn Occupational Training Center NR No Public K-3, 5-7, 9-12 454 0.33
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 NR No Private PK, K-2 252 0.42
Block Institute NR No Private PK, K-2 252 0.42
Block Institute School NR No Private PK, K-2 252 0.42
P.S. 90 Edna Cohen School 5 No Public PK, K-5 506 0.69
P.S. 90 Edna Cohen School 5 No Public PK, K-5 506 0.69
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 0.64
P.S. 721 Brooklyn Occupational Training Center NR No Public K-3, 5-7, 9-12 454 0.33
Kingsborough Early College School 7 No Public 6-12 743 0.47
Big Apple Academy NR No Private TK-8 888 0.66
Mark Twain is 239 for the Gifted and Talented 9 No Public 6-8 1,207 0.66
Is 303 Herbert S Eisenberg 4 No Public 6-8 383 0.80
Coney Island Preparatory Public Charter School 5 No Charter K-12 1,253 0.80
Yeshivat Darche Eres Inc NR No Private PK-12 494 0.81
Gesher Yehuda NR No Private K-12 67 0.81
P.S. 95 The Gravesend 7 No Public K-8 940 0.86
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
John Dewey High School 4 No Public 9-12 2,150 0.26
P.S. 721 Brooklyn Occupational Training Center NR No Public K-3, 5-7, 9-12 454 0.33
International High School At Lafayette 2 No Public 9-12 353 0.47
Kingsborough Early College School 7 No Public 6-12 743 0.47
Life Academy High School For Film And Music 4 No Public 9-12 251 0.47
High School Of Sports Management 2 No Public 9-12 338 0.47
Leaders High School 6 No Public 9-12 372 0.47
Liberation Diploma Plus 2 No Public 9-12 175 0.68
Rachel Carson High School For Coastal Studies 5 No Public 9-12 595 0.79
Coney Island Preparatory Public Charter School 5 No Charter K-12 1,253 0.80

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

Frequently asked questions

What is the year built for 123 Bay 49 Street, Brooklyn, NY 11214?

The development at 123 Bay 49 Street, Brooklyn, NY 11214 was built in 1935.

What is the total square footage of 123 Bay 49 Street, Brooklyn, NY 11214?

123 Bay 49 Street, Brooklyn, NY 11214 has a total of 2,500 square feet.

When was 123 Bay 49 Street, Brooklyn, NY 11214 last sold and what was the sale price?

123 Bay 49 Street, Brooklyn, NY 11214 was last sold on 07/20/2016 for $750,000.

What is the assessed value of 123 Bay 49 Street, Brooklyn, NY 11214?

123 Bay 49 Street, Brooklyn, NY 11214 is currently assessed at $69,420.

What are the property taxes for 123 Bay 49 Street, Brooklyn, NY 11214?

The property taxes for 123 Bay 49 Street, Brooklyn, NY 11214 total $9,398.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

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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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