
56 Bay 40th Street, Brooklyn, NY 11214
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1 / 4392 days on market · Listed March 10, 2026
Introducing a great opportunity to own this wonderful asset in Bath Beach, Brooklyn near the prime location of bustling 86th Street, right by the 25th Ave D train station. This all brick semi-attached 4-family property has been thoughtfully laid out for both investment income and personal residence. 21 x 63 building sitting on a 25 x 97 lot. The first floor unit is currently vacant, featuring 3 generously sized bedrooms, open concept living/dining/kitchen combo, 1 full bath, spacious storage closet, plenty of natural light. Walk in unit is vacant, consist of 2 bedrooms, open concept living/dining/kitchen combo, 1 full bath, with access to utility room and 2-car garage. The second floor features 2 units currently tenant occupied. The front unit is 1 bedroom 1 full bath, while the rear unit is 2 bedrooms 1 full bath. 8 feet shared driveway leads you to the 2-car garage in the back of the property, plus an additional parking spot, accommodating 3 parkings in total. Enjoy the convenience of close proximity to local shopping, dining and public transportation. Don't miss this gem, call today for your private tour!
56 Bay 40th Street is a 8-bedroom, 8-bathroom multi-family home for sale in Bath Beach, Brooklyn, NY. It offers approximately 2,646 square feet of living space and was built in 1924. It is offered at $1,764,888, MLS# 2601223.
Inside, 56 Bay 40th Street features 2 stories, a finished and Full basement, natural Gas and Hot Water heat and units cooling. For parking, the property offers off Street and On Street. It sits on a lot of roughly 2,433 square feet (about 0.06 acres).
Bath Beach offers convenient access to shopping, schools, parks, dining, and everyday essentials. Annual property taxes are approximately $12,536. To tour 56 Bay 40th Street in Bath Beach, contact Neuhaus Realty — Staten Island's #1 real estate agency since 1969 — to schedule a private showing.
MLS# 2601223. Listing courtesy of ProBase Real Estate. Listing information is provided by the Staten Island Multiple Listing Service, Inc. Listing data is deemed reliable but is not guaranteed accurate by the MLS.
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2027 | $12,536 | $336,600+19.9% |
| 2026 | — | $280,800-6.1% |
| 2025 | — | $299,160+20.0% |
| 2024 | — | $249,300-13.0% |
Assessment history from the NYC Department of Finance. Property tax figure from the listing; amounts may vary with exemptions and abatements.