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For sale
  • $1,768,000

    56 Bay 40th Street, Brooklyn, NY 11214

    --beds
    --baths
    2,646sqft
    Loading
    Triplex, Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $668/sqft
    $-- HOA

    What's special

    Rear two-car garage
    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.
    5 days
    502
    19

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    SunCity Prop Inc 646-891-6590,

    Fay Huang 347-323-2443,

    Wilson Cheng 646-891-6590,

    SunCity Prop Inc

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1043113MLS Logo

      Facts & features

      Interior

      Heating
      • Baseboard, Natural Gas
      Cooling
      • Wall/Window Unit(s)
      Features
      • First Floor Bedroom
      • Basement: Finished,Walk-Out Access
      Interior area
      • Total structure area: 2,646
      • Total interior livable area: 2,646 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Driveway, Private
      • Garage spaces: 1
      • Carport spaces: 2
      • Has uncovered spaces: Yes
      Lot
      • Size: 2,433 Square Feet
      • Dimensions: 25 x 97
      Details
      • Parcel number: 068670062
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Brick
      Condition
      • Year built: 1924

      Utilities & green energy

      • Gas: Separate Gas Meters: 3
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public

      Community & HOA

      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $668/sqft
      • Tax assessed value: $336,600
      • Annual tax amount: $12,822
      • Date on market: 8/25/2026
      • Cumulative days on market: 6 days
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/26/2026Listed for sale$1,768,000+0.2%$668/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1043113 Report a problem
        7/8/2026Listing removed$1,764,888$667/sqft
        Source: SIBOR #2601223 Report a problem
        6/9/2026Price change$1,764,8880%$667/sqft
        Source: SIBOR #2601223 Report a problem
        4/22/2026Price change$1,765,000-1.3%$667/sqft
        Source: SIBOR #2601223 Report a problem
        3/10/2026Listed for sale$1,788,888$676/sqft
        Source: SIBOR #2601223 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Gravesend

        Getting around

        93 / 100
        Walker's Paradise
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Contact Agent
        • High: Contact Agent

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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