257 Bay 40th St

New York NY 11214

1620 sq. ft.

Single-Family

Last sold for $670,000

Michelle Zhang, last sold this property on 29 December 2025 after 203 days on market.

Overview

A cozy corner One-Family Home in Prime Location – Excellent Condition & Move-In Ready! Welcome to this beautifully maintained one-family corner property, offering charm, space, and convenience in one of Brooklyn’s most desirable neighborhoods. This spacious home features two floors plus a high-ceiling finished basement with separate front and rear entrances — perfect for additional living space, guest use, or rental potential. First Floor: Two generously sized bedrooms, a full bath, a bright living room, and a well-maintained kitchen. Includes access to the backyard, ideal for entertaining or relaxing. Second Floor: A finished attic space along with a master bedroom, offering privacy and additional versatility. Basement: Fully finished with separate entrances in both the front and back, adding great functionality and potential. This home is in turn-key, move-in condition — no renovations needed! Walking distance to the D train subway station, Steps from the vibrant 86th Street shopping area, Close to parks, schools, restaurants, and all local conveniences Low property tax $4216/ yearly low expenses make this a smart investment opportunity — live in it or rent it out for an excellent return. High rental demand in the area supports strong cap rates! Whether you’re a first-time homebuyer, looking for a multi-generational home, or seeking a high-yield investment property, this is a rare opportunity you don’t want to miss.

Features

3 bedrooms

1 bathroom

1620 sq. ft. floor area

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in New York over the last 12 months, the estimated median property value of 257 Bay 40th St is $1.08m.

Median value

$1.08m

Estimated value range

$530k - $1.48m

Median days on market

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.