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150 Bay 40th Street, Brooklyn NY 11214
150 Bay 40th Street, Brooklyn NY 11214
New York>Brooklyn>Gravesend

150 Bay 40th StreetBrooklyn, NY 11214

For Sale

$929,000

Smart Buyer Rebate $10,725

Exceptional opportunity in the heart of Bensonhurst! This solid brick home offers incredible potential for end-users and investors looking to customize and add value. Previously configured as a 3-bedroom, 3-bath residence with a fully finished basement, the property features a spacious layout, private backyard, and a wide driveway accommodating two cars—a rare feature in the area.

The home experienced a minor fire-related incident and is being sold as is, presenting an opportunity for renovation and customization. With the right vision, this property can be restored and tailored to suit a variety of needs.

Situated in an R5 zoning district, the property offers additional flexibility and potential for reconfiguration, including the possibility of conversion to a multi-family layout, subject to applicable approvals and regulations.

Conveniently located near shopping along 86th Street, restaurants, parks, and public transportation, this property offers excellent accessibility and long-term potential.

Owner financing may be available for qualified buyers with a 50% or greater down payment. Don't miss this opportunity to restore this property and maximize its potential.

Listed by Zaiyou Zhu

·

RE/MAX Edge

·

718-288-3835

Last updated July 17, 2026

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Source: OneKey #1027172

Listing Facts

  • TypeSingle-family
  • NeighborhoodGravesend
  • Bedrooms3
  • Bathrooms3
  • Days on Prevu15
  • Taxes$7,800/year
  • Size1,728 sqft
  • Price per sqft$538

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/16/2026
Listed by RE/MAX Edge
$929,000

Estimated Closing Costs

Attorney Fees
$4,000
Title Insurance
$4,181
Bank Attorney
$1,500
Mortgage Recording Tax
$14,306
Other Closing Costs
$4,000
Total
$27,987

Estimated closing costs are based on the list price of $929,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 150 Bay 40th Street

Exterior

Construction

  • Year Built: 1965
  • Architectural Style: Other
  • Construction Materials: Other

Measurements

  • Building Area Total: 1,728
  • Building Area Units: Square Feet
  • Lot Features: Back Yard, Front Yard
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 1,896
  • Lot Size Square Feet: 1,728

Financial

Taxes

  • Parcel Number: 06879-0072
  • Tax Annual Amount: $7,800.00
  • Tax Assessed Value: $69,240.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Other
  • Flooring: Other
  • Interior Features: Other

Measurements

  • Living Area: 1,728
  • Living Area Source: Other

Rooms

  • Basement: Finished, Full
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Rooms Total: 6

Other

Location

  • Tax Block: 06879
  • Tax Lot: 0072

Parking

Parking

  • Parking Features: Driveway
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Ps 101 Verrazano
  • Elementary School District: Brooklyn 21

High School

  • High School: High School Of Sports Management
  • High School District: Brooklyn 21

Middle or Junior School

  • Middle Or Junior School: Is 281 Joseph B Cavallaro
  • Middle Or Junior School District: Brooklyn 21

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Other
  • Sewer: Other
  • Utilities: See Remarks
  • Water Source: Other

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 3 bathrooms in this single-family home at 150 Bay 40th Street.

What schools are nearby to 150 Bay 40th Street?

Nearby schools include the Ps 101 Verrazano Elementary School, Is 281 Joseph B Cavallaro Middle School, and High School Of Sports Management.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 150 Bay 40th Street.

What are the annual taxes for 150 Bay 40th Street?

Annual taxes for this single-family home are estimated at $7,800.

How does 150 Bay 40th Street compare to other single-family homes in Gravesend?

This single-family home is listed 0% below the average price for single-family homes in Gravesend and has been on the market for 58 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,728 sqft.

150 Bay 40th Street is a 3-bedroom, 3-bath single-family home for sale in Brooklyn NY 11214. Available on Prevu for 15 days at $929,000. This residence features 1,728 square feet of living space, located in Gravesend. The median listing price for single-family homes in this area is $1,034,444. Nearby schools include Ps 101 Verrazano Elementary School, Is 281 Joseph B Cavallaro Middle School, and High School Of Sports Management. The home offers parking. View other single-family home listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.