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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn · New York, NY
33 active listings · Median $515K
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A co-op-led submarket with sale values below the 5-year high and sale listings clearing quickly.
Median asking rent in Bay Ridge is $2,385/month, $265 below the 5-year high set in Jan 2026. Rents are down -0.6% year over year and +36.3% over the past 5 years. Median sale price stands at $515K, 63.1% below the 5-year high recorded in Jan 2026. Sale listings are clearing 30 days faster than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Mar 2026.
Bay Ridge is a historic neighborhood in Southwest Brooklyn with views of the Verrazzano-Narrows Bridge and New York Harbor. Commercial corridors along 3rd and 5th Avenues run through the area, and the housing stock includes historic row houses, pre-war cooperatives, and modern condominiums, with Sho...
Stations: Bus service available
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Properties in Bay Ridge
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.
Experience across NYC
Transactions closed
Active in Brooklyn
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Bay Ridge buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
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The median sale price in Bay Ridge is $515K. Condos sit at a median of $254K and co-ops at $359K. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.
No. The median sale price in Bay Ridge is currently 63.1% below the 5-year high recorded in January 2026. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Bay Ridge have a median of 68 days on market. That is 30 days faster than the same point a year ago. Roughly 14.7% of active listings have recorded a price cut, suggesting some negotiating room.
Bay Ridge is broadly balanced right now, with median days on market at 68 days and 14.7% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Bay Ridge offers both co-ops and condos. Co-ops are the higher-priced segment at a $359K median, with condos at $254K.
Roughly 25 homes change hands each month in Bay Ridge across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Bay Ridge is $2,385/month. Live RLS listings show 2-bedrooms at $3,400, 3+ bedrooms at $4,500 per month.
Median asking rent in Bay Ridge is currently $265 below the 5-year high set in January 2026. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Bay Ridge has risen 36.3% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Bay Ridge, median sale prices range across Borough Park at $1.8M, Sunset Park at $1.3M, Greenwood at $1.3M, Dyker Heights at $1.1M. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Bay Ridge is served by the Bus service. The commute to Midtown Manhattan runs roughly 128 minutes from Nearest bus stop.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Bay Ridge, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: mcoste@kwnyc.com.
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Licensed Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Bay Ridge, I will guide you every step of the way.
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