Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $395,000

Listed at $435,000 · Sold 9.2% below asking · Closed July 13, 2017

243 78th Street #3-B
Closed For Sale Co-op

$435,000

243 78th Street #3-B

Bay Ridge, Brooklyn

Fairfax House

MLS® #RLS10063470

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1940
Ownership Co-op
Maintenance $579/mo
Neighborhood Bay Ridge
Floor 3 of 6

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1940)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 3 of 6
Pets Yes
Cross Street 3rd Avenue/Ridge Boulevard
Year Built 1940
Architectural Style Prewar
Block/Lot 5959/62

Listing History

Event Date Price Change
Listed Apr 18, 2017 $435,000 -
Price Reduced Jul 1, 2021 $450,000 +3.4%

Description

Located on a beautiful tree lined street in quintessential Bayridge Brooklyn, this renovated 1 bedroom apartment is ready to be called home. This large unit features: - New Stainless Appliances in the large galley kitchen -Tons of Kitchen storage -Large bright living room , with space enough for dining and living -Spa like bathroom -Large walk-in closets -King Size bedroom that also get great light The building has elevator access, large laundry room, storage and a live in super. The building is located in a prime Bay Ridge location, just two blocks from the R train and close Shore Road promenade. There are tons of amazing restaurants and shops in the area and its very close to the water. This apartment in a must see. Call email or text today to set up your personal showing.

Features & Amenities

Interior Features

Entrance Foyer Common Area

Building Information

Financial Details

Maintenance $579/mo
Sale Price $395,000
Previous Price $450,000

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, 5:52 AM EST

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Location

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243 78th Street #3-B, Bay Ridge, Kings County • Near 3rd Avenue/Ridge Boulevard

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 $579 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

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. Contact the listing broker for weight limits or breed restrictions.

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: RLS10063470
First Listed: 4/18/2017
Price Changed: 7/1/2021
Closed: 7/13/2017
Contract Date: 6/6/2021

Listing Courtesy of Compass - Trisha Penn

Listing Contact: (917) 951-3612

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 9:52 AM UTC

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