1 month on rocket

162 Bay 40th St, Brooklyn, NY, 11214

$1,190,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,764 SqFt
$675/SqFt
Multi

Location

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162 Bay 40th St, Brooklyn$1,190,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Space, Community Drive
Garage1 space
Year Built1965
HeatingSteam, Natural Gas
CoolingWindow Unit(s)
FireplaceStove
MLS #486734
StatusActive

About 162 Bay 40th St

Welcome to this two-family home in the heart of Bath Beach, offering both comfort and convenience! The level presents a charming one-bedroom unit, complete with a full bathroom, a cozy living room, a dedicated dining area, and a well-appointed kitchen, perfect for generating rental income or accommodating extended family. The main unit spans the second and third levels, featuring three spacious bedrooms and a full bathroom. With an open concept living room, dining room, and kitchen, the layout is ideal for entertaining and everyday living. The property includes two separate gas and electric meters, one hot water boiler, and heat system for efficient utility management. A community driveway adds extra convenience for parking. Located in a prime area, this home is close to shops, restaurants, schools, and public transportation.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1965
  • Stories: 2
  • Living Area: 1,764 SqFt

Listing Office:

  • Office Name: Momentum Real Estate LLC

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Flooring Type: Hardwood
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: 1 Space, Community Drive

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,190,000
  • Price Per SqFt: $675/SqFt

Tax Information:

  • Annual Amount: $6,904
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$984.4K

Med. Price/SqFt

$696

Avg. Days On Market

97

# of Sold Homes

436

162 Bay 40th St vs Brooklyn

33 DAYS ON ROCKET

-64 Days

$1,190,000

+$205.5K More

$675/SqFt

-$22 Less

KEY TAKEAWAY

This property is $205.5K more than the Median Sold Price and $22/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #486734

Listing Office:

  • Office Name: Momentum Real Estate LLC

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/16/2024, 7:20:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,904$52,200
2019$6,903$52,200
2018$6,053$29,692
2017$5,759$29,692

History based on county public records data.

Payment Calculator

$6,007

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,634

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-127973
9
/10

  • P.S. 101 Verrazano School

  • 8696 24th Ave

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-127974
6
/10

  • Hebrew Language Academy Charter School 2

  • 1870 Stillwell Ave

  • 0.48 miles

  • Public Charter Grades KG-4

school-card-donut-127975
8
/10

  • P.S. 97 Highlawn School

  • 1855 Stillwell Ave

  • 0.51 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,305. Residents of Brooklyn, NY typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11214›162 Bay 40th St

This home is located at 162 Bay 40th St in Brooklyn, NY and zip code 11214 in the Bath Beach neighborhood. This 1,764 square foot home was built in 1965. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 13, 2024 and is currently priced at $1,190,000.

Over 50 listings were sold over their listed price in October 2024 in Brooklyn, NY. In the same period over 169 listings were sold below the listed price and 217 listings were sold for the listed price. The number of homes for sale in Brooklyn, NY increased by 0.1% between September 2024 and October 2024. Listings spent 97 days on the market in October 2024, and had a median list price of $984,431 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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