new - 3 days on rocket

40 Bay 7th St, Brooklyn, NY, 11228

$1,699,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
2 Full Baths
2,160 SqFt
$787/SqFt
Multi

Location

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40 Bay 7th St, Brooklyn$1,699,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Spaces, Built-In Garage, Shared Drive
Year Built1930
HeatingSteam, Natural Gas
CoolingWall Unit(s)
BasementYes
FireplaceStove
MLS #488144
StatusActive

About 40 Bay 7th St

Prime Dyker Heights location! This semi-detached brick 2 family property sitting on a 20 x 96 lot won’t be on the market for long! While in need of TLC, this home with over 2,000 sqft. of living space boasts 2 apartments, each with a living room, kitchen/dining combo, microwave, 3 spacious bedrooms, extra large windows allowing for abundant amounts of sunlight, and plenty of closet and storage space. Completing the home are hardwood and tile floors throughout, 2 wall-in air conditioners, a full finished basement with a ¾ bath and separate entrance, front and back yards, and a shared drive and built-in garage with room enough for 2 cars. Amenities include quick and easy access to the multitude of establishments along 86th St. and 13th Ave., P.S. 163, P.S. 204, P.S. 229, P.S. 748, I.S. 201, the Dyker Beach Golf Course, and much more! Transportation options include immediate access to the X28, X38, B1, B4, B8, and B64 buses, and the 18th Ave. D Train station.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1930
  • Stories: 2
  • Living Area: 2,160 SqFt

Listing Office:

  • Office Name: Ben Bay Realty Co

Interior Features

Interior Information:

  • Appliances: Microwave, Stove
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: 2 Spaces, Built-In Garage, Shared Drive

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,699,000
  • Price Per SqFt: $787/SqFt

Tax Information:

  • Annual Amount: $9,044
  • 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

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

40 Bay 7th St vs Brooklyn

3 DAYS ON ROCKET

-108 Days

$1,699,000

+$719K More

$787/SqFt

+$85 More

KEY TAKEAWAY

This property is $719K more than the Median Sold Price and $85/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #488144

Listing Office:

  • Office Name: Ben Bay Realty Co

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: 12/21/2024, 8:20:49 PM 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$9,044$74,460
2018$7,855$40,309
2017$7,235$40,005

History based on county public records data.

Payment Calculator

$8,547

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,160

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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-787332
7
/10

  • P.S. 204 Vince Lombardi School

  • 8101 15th Ave

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-787333
6
/10

  • P.S. 748 Brooklyn School for Global Scholars

  • 1664 Benson Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-787334
7
/10

  • P.S. 200 Benson School

  • 1940 Benson Ave

  • 0.80 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 $68,067. Residents of Brooklyn, NY typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11228›40 Bay 7th St

This home is located at 40 Bay 7th St in Brooklyn, NY and zip code 11228 in the Bath Beach neighborhood. This 2,160 square foot home was built in 1930. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $1,699,000.

Brooklyn, NY housing market in November 2024 saw over 28 listings sold above listed price, more than 196 sold at listed price and over 161 sold below. The inventory of homes for sale in Brooklyn, NY between October 2024 and November 2024 decreased by 10.5%. While the average time on the market in November 2024 was 111 days, the median list price was $979,913.

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

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