Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
243 78TH Street #2B
Closed For Sale Co-op

$360,000

$450 per sq ft

243 78TH Street #2B

Bay Ridge, Brooklyn

Fairfax House

MLS® #RLS20010010

RLS at REBNY

Listing by SOLDANO REALTY

1

Bedroom

1

Bath

800

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 800 sq ft
Year Built 1940
Ownership Co-op
Maintenance $681/mo
Neighborhood Bay Ridge
Floor 2 of 6

Property Highlights

  • Character: Pre-war building (1940)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 6
Pets Yes
Year Built 1940
Living Area 800 sq ft
Structure Type HighRise
Basement Other
Parcel # 05959-0062-00243-000-000002B
Block/Lot 05959/0062

Listing History

Event Date Price Change
Listed Mar 18, 2025 $375,000 -
Currently May 3, 2026 $360,000 -4.0%

Description

Don't miss this oversized, pet friendly one-bedroom with low maintenance in the charming Fairfax House; a classic prewar co-op with an inviting brick facade and iconic red double doors.

Enter into the foyer which doubles as a dining area and immediately feel the immensity of space. Hardwood floors flow into an expansive living room, large enough for both a comfortable entertainment and office or dining space. Tall windows filter in soft natural light while the high ceiling height expands the room.

Through the foyer's archway, you'll find an eat-in kitchen with a window, plus plenty of cabinet space for all your cooking needs. Four generous closets throughout the apartment ensure you'll have room for coats, linens, and everything in between. The massive bedroom easily accommodates a king sized bed and additional large furniture. The bathroom, tiled in soft gray, adds a vintage allure.

Fairfax House offers an elevator, storage rooms and laundry room, with pets and subletting allowed (with some restrictions). This prime Bay Ridge location is moments from Third Avenue's popular shops, delicious dining, and just two short blocks from the R train-putting everything within easy reach!

Features & Amenities

Interior Features

Building None

Exterior Features

Private Outdoor Space Under60 Sqft

Building Information

Financial Details

Maintenance $681/mo
Original Price $375,000
Sale Price $360,000
Previous Price $375,000

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 Shore Road Park and the waterfront promenade to the west.

Bay Ridge Live Market Data

View Neighborhood

Active Listings

34

Median Asking Price

$1.32M

Median $/Sqft

$735

Avg Days on Market

N/A

New This Week

2

Price Reduced

32%

Sold (30 Days)

2

Median Sale Price

$509K

Live data from RLS at REBNY • Updated 5/3/26, 4:53 AM EST

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Location

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243 78TH Street #2B, Bay Ridge, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1940
Year Built
86 years old
6
Floors
60
Residential Units
R4A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $2,433,150
Land Value: $198,450
Exemptions: $156,758

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 14,715 SF
Building Area: 61,800 SF
Built FAR: 4.2
Allowed FAR: 1

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $681 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 800 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1940, making it approximately 86 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: Pets Allowed With Board Approval. Small Pets.,Building Pets Allowed Comments:Pets Allowed With Board Approval. Small Pets.. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $360,000 for 800 sq ft, the asking price per square foot is approximately $450. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20010010
First Listed: 3/18/2025
On Market: 3/18/2025
Price Changed: 7/15/2025
Closed: 7/14/2025
Contract Date: 3/18/2025

Listing Courtesy of SOLDANO REALTY - Daniel J Soldano

Listing Contact: (718) 333-5233

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/3/2026 at 8:53 AM UTC

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