Patrick Casilli - John J Lease Realtors Logo
$1,768,000
 $9,491 est/mo Sourced by Back At You

56 Bay 40th Street,Brooklyn, NY 11214

Brooklyn, NY 11214

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Description

Exceptional opportunity to own a solid brick semi-detached four-family property in the desirable Gravesend/Bath Beach area of Brooklyn. Offering flexibility for both investors and end users, two units are currently vacant, while the remaining two units are occupied by established tenants, providing the option to retain existing rental income or deliver additional space based on the buyer's needs.Situated on an approximately 25' x 97' lot with a building footprint of approximately 21' x 63', the property offers approximately 2,646 square feet of living space and is zoned R5. A rare parking advantage includes a rear two-car garage plus additional parking space for approximately three vehicles total.Conveniently located near the 25th Avenue D train station and the shopping, dining, and everyday conveniences along 86th Street, with easy access throughout Brooklyn and to Manhattan.A versatile four-family property offering strong potential for investment or owner occupancy in a highly convenient Brooklyn location.

Details

MLS #1043113
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1924
Days On Site9
Listing Provided BySunCity Prop Inc | Fay Huang

Features

SQ Feet2,646
Garage1
Car PortYes
BasementY
Units4
Acreage0.06

Interior

CoolingWall/Window Unit(s)
HeatingBaseboard, Natural Gas
Interior FeaturesFirst Floor Bedroom

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoYes
Parking FeaturesAttached, Driveway, Private

Utilities

UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value336600
Tax Annual Amount12822.68

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11214
School DistrictContact Agent
Elementary SchoolContact Agent
High SchoolContact Agent
Listing VS Median (in 11214)
Price:
$1,768,000
low | high
Med:
$895,000
99.377828054299% of Average
sqft:
2,646
low | high
Med:
1,051
100% of Average
$ / sqft:
$668
low | high
Med:
$852
22.553504311774% of Average
On site:
9
low | high
Med:
59
15.254237288136% of Average
Sourced by Back At You

Market Activity 11214

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Learn More About This Property

Patrick Casilli

Patrick Casilli

John J Lease REALTORS

 (845) 542-2286patcasilli@johnjleaserealtors.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11214
School DistrictContact Agent
Elementary SchoolContact Agent
High SchoolContact Agent
Listing VS Median (in 11214)
Price:
$1,768,000
low | high
Med:
$895,000
99.377828054299% of Average
sqft:
2,646
low | high
Med:
1,051
100% of Average
$ / sqft:
$668
low | high
Med:
$852
22.553504311774% of Average
On site:
9
low | high
Med:
59
15.254237288136% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.326M - $2.21M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
150 Bay 40th Street Property Photo 1
$929,000
150 Bay 40th Street
Brooklyn, NY 11214
33 Avenue U Property Photo 1
$1,599,000
33 Avenue U
Brooklyn, NY 11223
Listing Updated: August 26, 2026 at 4:12:05 AM PDT

Patrick Casilli - John J Lease Realtors