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56 Bay 40th Street

$1,768,000

Est. $9,977/mo

Brooklyn, NY 11214 · Brooklyn

Status
Active
On site
24 days

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About this home

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.

Listed with SunCity Prop Inc · Fay Huang · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 18, 2026, 7:07 AM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$9,977.29Total / mo

Estimated Monthly Payment

Principal & interest
$8,708.70 (87.3%)
Taxes
$1,068.58 (10.7%)
Insurance
$200.00 (2.0%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Brooklyn, NY

Current Listings

New in the last 30 days

210

Sep 2026

Average Price

Active listings

$1,283,417

Sep 2026

Average Days on Market

Active listings

176 days

Sep 2026

Computed from 1,571 active OneKey MLS listings in Brooklyn, NY.

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