$10,000 Closing Credit¹
#488982, Listing Office: MadisonEstates Sothebys Realty
$1,599,000 List price
117 Bay 40th St Brooklyn, NY 11214
$10,000
Closing credit¹
0 beds
0.06 acres
Multi-Family
Property details
About 117 Bay 40th St
This large two-family brick home is located in the heart of Bath Beach, a well-established and vibrant neighborhood. The full-brick structure sits on a 25’ x 97’ lot with a building size of 20’ x 62’ and includes a two-car garage at the rear of the property. A high-ceiling basement with 8-foot ceilings offers ample space for storage or future customization. The first floor consists of a spacious three-bedroom apartment featuring a large living room, formal dining area, kitchen, and a full bathroom. The second floor includes a four-bedroom apartment with separate living and dining rooms, a full kitchen, and a full bathroom, providing comfortable accommodations for a variety of living arrangements. Conveniently located near the D-line subway station, PS 101, Lafayette High School, local parks, and the 86th Street commercial corridor, the property offers proximity to a wide range of shopping, dining, and essential services. This home presents flexible living options with the potential for multi-generational use or income generation in a desirable Brooklyn location.
Highlights
Home typeTriplex
HeatingOther
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Lot size0.0555 Acres
Year built1930
MLS #850993
Garage2 spaces
Summary
- Basement: Yes
- Flooring Type: Other
- Interior: Other
- Garage Space: 2 spaces
- Architectural Style: Other
- Heating: Other
- Cooling: Wall/Window Unit(s)
- List Price: $1,599,000
- Annual Tax Amount: $9,413
- Tax Year: 2024
- Directions: Use GPS
- Year Built: 1930
- Lot Size: 0.0555 Acres
- MLS Number: 850993
- MLS Name: ONEKEY2
- Office Name: RE/MAX Edge
- Office Phone: (718) 288-3835
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 5/14/2025, 4:11:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,599,000
117 Bay 40th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $96,060 | $9,413 |
| 2023 | $106,440 | $8,894 |
| 2021 | $91,620 | $18,459 |
| 2019 | $86,220 | $8,759 |
| 2018 | $36,903 | $7,522 |
| 2017 | $36,903 | $7,306 |
History based on county public records data.
Nearby schools
8
P.S. 101 Verrazano School
Public District KG-5
0.3 mi
•8696 24th Ave
6
Hebrew Language Academy Charter School 2
Public Charter KG-4
0.4 mi
•1870 Stillwell Ave
8
P.S. 97 Highlawn School
Public District KG-5
0.5 mi
•1855 Stillwell Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,770. Most Brooklyn, NY residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
29%
<35k
52%
35k-100k
16%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
7%
Single, with Kids
32%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
44%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Pro Boxing
Live Theatre
Where do the neighbors shop?
Bloomingdales
IKEA
Crate & Barrel
Where do the neighbors go to eat?
Starbucks
Quiznos
Boston Market
What do the neighbors drive?
Audi
Lexus
Mercedes
What do the neighbors listen to?
Alternative- Soft Adult Contemporary
News
All data provided by Home Junction and Claritas
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This home is located at 117 Bay 40th St in Brooklyn, NY and zip code 11214 in the Bath Beach neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $1,599,000.
While more than 38 listings in Brooklyn, NY in April 2025 were sold above asking price, there were more than 194 listings sold at asking price, and more than 146 were sold below. In April 2025 in Brooklyn, NY there were 2.3% more homes for sale than in March. In April 2025, listings were on the market for 121 days. During the same period, the median list price in this real estate market was $994,292.
From Rocket Homes Real Estate and based on county public records data.